DBOE is a member-owned platform. It issued a fixed supply of 250M standard ERC20 tokens.
A fixed supply of 250,000,000 tokens were issued on Binance Smart Chain. Once the platform is fully operational, the tokens will have the following features:
Token holders benefit from trading fee discounts and concessions on exchange in proportion to their tokenholding. There are four member categories for significant token holders:
- Core Member (holding > 1M DBOE)
- Gold Member (holding > 500K DBOE)
- Member (holding > 100K DBOE)
- Associate Member (holding > 10K DBOE)
All token holders are eligible to vote on key decision-making alongside DBOE Board.
Token holders may elect to stake their tokens to perform the settlement price validation upon option expiry (weekly) in return for payment in USD Stablecoins.
*As of Jul '23
*N.A: Not applicable
*Tentative and subject to further change