The IDO Token

The IDO token powers the idexo community and project development. The IDO token is used to secure idexo's upcoming Layer3 blockchain on zkSync, with the ability already for users in the community to Pre-Stake Nodes. Core to the utility of the IDO token is also the concepts of general and directional staking, providing a unique way for stakers of the IDO token to guide the development of the project. Users of the IDO token can stake either in the general pool, and thus demonstrate confidence in the general direction of the project, or in specific directional pools that demonstrate confidence in a specific direction being followed. Stakers are rewarded through fees generated by the project for either general or directional activities. One of the unique things about IDO staking is that while staking is done in IDO, the rewards are primarily distributed in USDC. For more information view the general staking site.