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EXODIA is a decentralized reserve currency protocol based on the EXOD token. Each EXOD token is backed by a basket of assets (e.g. DAI, FTM) in the EXODIA treasury, giving it an intrinsic value that it cannot fall below. EXODIA also introduces unique economic and game-theoretic dynamics into the market through staking and bonding. There are two main strategies for market participants: staking and bonding. Stakers stake their EXOD tokens in return for more EXOD tokens, while bonders provide LP or DAI tokens in exchange for discounted EXOD tokens after a fixed vesting period.
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