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Neon Exchange is designed to bring together the speed of centralized exchanges and the reliability and safety associated with decentralized trading. Its architecture is built from three core parts: an off-chain order matching engine, a smart contract that finalizes trades, and a payment layer that enables global assets like NEO and GAS to be converted into tokens that smart contracts can send directly-so they work with the exchange.
The NEX token gives its holders the right to receive a portion of the fees produced by both the payment service and the exchange itself. Overall, 50 million tokens will be created.
NEX holders can realize these earnings via staking. Rewards are claimed in a manner comparable to how GAS claims are computed on the NEO network, but using staked NEX. This setup ensures that staking participants benefit from the exchange’s ongoing performance.
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