Exodia utilizes Treasury Reserves on the Fantom Opera blockchain to enable long-term price consistency and scarcity within an infinite supply system
How Exodia Works:
EXODIA is building a decentralized financial infrastructure to bring more stability and transparency for the world.
Bonds & LP
Bond sales and LP Fees increase Treasury Revenue and lock in liquidity and help control EXOD supply.
Exodia Treasury
Treasury inflow is used to increase Treasury Balance and back outstanding EXOD tokens and regulate staking APY.
Staking Exodia
Staking your EXOD compounds yields automatically through a treasury backed currency with intrinsic value.
Frequently asked questions
Get to know the EXODIA system one question at a time.
Get to know the EXODIA system one question at a time.
How do I buy Exodia?
Go to this SpookySwap url: Make sure the output currency is EXOD. You can also copy and paste the EXOD contract address 0x3b57f3feaaf1e8254ec680275ee6e7727c7413c7 into the output currency field to ensure you are swapping for the right token.
Can I stake Exodia?
Yes. Staking allows you to earn EXOD passively via auto-compounding. By staking your EXOD with EXODIA, you receive sEXOD (staked EXOD) in return at a 1:1 ratio. After that, your sEXOD balance will increase automatically on every epoch based on the current APY
What are Exodia bonds?
Bonds allow users to buy EXOD from the protocol at a discount by trading it with i) liquidity (LP tokens) or ii) other assets. The former is called liquidity bonds and the latter reserve bonds. Bonds take roughly 15 epochs to vest (5 days), and EXOD tokens are vested linearly to the user over that period. Liquidity bonds help the protocol to accumulate and lock liquidity, while reserve bonds allow the protocol to grow its treasury, and thus its RFV faster.
Does the price of Exodia matter to me?
Your EXOD balance will grow exponentially over time thanks to the power of compounding. Let’s say you buy an EXOD for $400 now and the market decides that in 1 year time, the intrinsic value of EXOD will be $2. Assuming a daily compound interest rate of 2%, your balance would grow to about 1377 EXODs by the end of the year. So, not really.
What is Exodia APY runway?
As the protocol accumulates more PCV, more runway is guaranteed for the stakers. This means the stakers can be confident that the current staking APY can be sustained for a longer term because more funds are available in the treasury.
What is Exodia backed by?
Each EXOD is backed by 1 DAI, not pegged to it. Because the treasury backs every EXOD with at least 1 DAI, the protocol would buy back and burn EXOD when it trades below 1 DAI. This has the effect of pushing EXOD price back up to 1 DAI. EXOD could always trade above 1 DAI because there is no upper limit imposed by the protocol. Think pegged == 1, while backed >= 1.
Haven’t find suitable answer? Discord is a great place to start.
Join The Exodia Community!
Get to know the community and all of the different people helping building the ecosystem.