Commitments

No. 1: IBEx is governed by a DAO for which IBX is the governance token.

No. 2: swap 1:1 POWER to IBX and not increase supply.

No. 3: IBX is the native token of IBEx layer 3.

No. 4: a DAO-defined % of IBX used to pay network fees is destroyed on each transaction.

No. 5: The Civicpower/IBEx team swaps its POWER into IBX like everyone else, and doesn't sell it.

No. 6: 100% of the 25M POWER is contributed to the DAO treasury in the form of IBX.

No. 7: IBEx Exchange uses the IBEx network to operate its users' custodial wallets.

No. 8: IBEx Wallet uses the IBEx network to operate its users' non-custodial wallets.