MOY is a decentralized trading platform that enables instant trading and exchange of highly liquid digital assets, including various cryptocurrencies like Ethereum and its ERC20 tokens, Bitcoin, Zcash, and more. To facilitate seamless payments between different tokens for all users, MOY will provide rich payment APIs and a new generation of contract wallets to expand MOYs overall trading capabilities. Users can also mitigate the price volatility risk of cryptocurrencies through derivatives trading.
MOY tokens (MOY) are utility tokens with a total issuance of 1 billion tokens and a circulating supply of 200 million tokens. They have many use cases in ensuring network health and growth. Furthermore, this native token will serve numerous key functions on the MOY platform. First, MOY is a multi-purpose incentive token that incentivizes the behavior of end users, developers, market operators, and other ecosystem participants. Additionally, MOY is a trading medium token that can be used for payments for both buyers and sellers on the platform. Lastly, MOY will play a key role in future network governance.