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Mystiko.Network launches Mystiko DAO and introduces wrapped XZK token vXZK

Mystiko.Network launches Mystiko DAO and introduces wrapped XZK token vXZK

Odaily-Newsflash2024/06/14 13:51
By:Odaily-Newsflash
Odaily News According to official news, Mystiko.Network announced the launch of Mystiko DAO and introduced the packaged XZK token vXZK. The XZK token was created as the operational utility and governance token of Mystiko.Network. vXZK acts as a voting package token for XZK, supporting the exchange of your XZK tokens for vXZK at a ratio of 1:1, and vXZK can be exchanged back to XZK at any time. vXZK follows the minting and destruction model: deposit one XZK to mint one vXZK, and withdraw one XZK to destroy one vXZK, thereby avoiding excessive issuance of voting tokens.
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