SLEX Token

Slex Token (SLEX) is a utility token that provides access to the Slex trading platform’s features and services. It is also the native token of the Slex ecosystem. It creates utility in the Slex ecosystem by incentivizing users to hold and use the token. Slex claims that it differs from other exchange utility tokens because it offers unique features. For example, clawback prevention is something that is very important to Slex and is not found on other exchanges. Clawbacks are when an investor loses money due to liquidation. Slex prevents this from happening by using a three-tiered liquidation model.

The Slex Token was created to provide traders with a way to save on trading fees. When users pay for their trades using Slex, they are given a discount on the fees charged. The more Slex a user holds, the bigger the discount they receive. In addition, users who hold Slex can vote on new listing proposals and much more!