Ontology Tokens: What They Are and Why You Should Swap Them on Exolix

Ontology is a high-performance public blockchain that brings decentralized identity and data solutions to Web3. Its ecosystem is built on a dual-token model, ONT and ONG, that powers transactions, staking, governance, and smart contract operations. With EVM-compatible tokens, a suite of native wallets, and a highly efficient node network, Ontology has become a key infrastructure service for the global identity-focused blockchain industry.

What is the Ontology Ecosystem 

Ontology's mission is to build a decentralized, privacy-preserving digital identity framework. To achieve this, the network is built around multiple interconnected components, each supporting scalability, low-cost transactions, and enterprise-grade security.

ONT is the Ontology Value Token 

• Utility: serves as the primary token for value transfer on the Ontology network.

• Governance: ONT holders can stake their tokens and delegate voting rights to node operators.

• Staking Rewards: by staking ONT, users earn ONG as a reward, incentivizing long-term participation in the network.

ONG - Ontology Gas

• Transaction Fees: ONG is used to pay for on-chain transactions such as deploying and executing smart contracts.

• Predictable Costs: the separation of value storage (ONT) and utility (ONG) ensures stable and transparent transaction fees.

• Staking Yield: ONG is issued as a staking reward to ONT holders who delegate to Triones node operators.

The ONT and ONG core tokens provide a robust infrastructure where governance, identity, and utility are clearly separated but work together to achieve high ecosystem efficiency.

EVM Compatibility and Token Wrapping

Ontology is also EVM compatible, meaning developers and users can interact with Ontology applications using familiar Ethereum tools like MetaMask. To achieve this, Ontology offers wrapped ORC-20 tokens:

• WONT: a wrapped version of ONT, pegged 1:1 and used in Ontology's EVM layer.

• WONG: a wrapped version of ONG, also pegged and compatible with the EVM.

Wrapping is done via the Ontology Bridge, allowing for seamless conversion between native and EVM tokens for broader DeFi access and cross-chain.

Wallets and Token Management

Ontology provides two primary wallets for managing ONT, ONG, WONT, and WONG:

• ONTO Wallet: a mobile and browser wallet with full support for identity, staking, token management, and cross-chain transactions.

• OWallet: a desktop wallet built for node operators, with integrations for hardware wallets like the Ledger Nano and Ledger X.

These wallets not only support asset management, but also token bridging, staking, and DApp interaction.

Benefits of Swapping Tokens on Exolix

For users looking to exchange hundreds of cryptocurrencies, Exolix offers a fast, secure, and private solution that seamlessly integrates with the Ontology ecosystem.

Here's how:

1. Best Market Rates

Exolix aggregates prices from leading liquidity providers to provide competitive exchange rates for any exchanges. You benefit from highly accurate routing and the best market rates when converting various major assets like BTC, ETH, USDT, or other.

2. Fast Transaction Execution

Trades on Exolix are processed in a few minutes depending on network load. For users who exchange crypto, using Exolix services can significantly reduce transaction processing time.

3. No Registration Required

Exolix is ​​completely non-custodial and privacy-focused. No registration, no KYC, no personal data collection. Simply enter your wallet address, complete the exchange, and maintain full control over your crypto assets and personal data.

4. Multi-Network Support

Exolix supports a wide range of blockchain networks, enabling users to perform cross-chain swaps effortlessly. Whether you're exchanging assets on Ethereum, BNB Chain, Polygon, Tron, or other major networks, the platform ensures smooth and fast transactions across them all. This flexibility allows you to manage your crypto without needing multiple platforms or bridges - everything happens in one place.

5. Private and Safe Swaps

Exolix operates without registration or account tracking. The platform integrates multiple liquidity sources and securely routes crypto swaps. All exchanges are executed privately, with the best combination of speed, availability, and gas efficiency, through one unified and confidential interface.

6. 24/7 Support

If you ever run into any issues, Exolix provides 24/7 support to help with any technical or transactional issues. This ensures smooth operations and peace of mind for both new and experienced crypto users.

Ontology and Exolix - A Great Partnership for Seamless Web3 Transactions

The demand for crypto transactions and efficient navigation of Web3 tools is rapidly growing. Ontology plays a central role in this process, providing interoperable, scalable solutions for individuals and enterprises. Its dual-token model - ONT for value, ONG for utility - ensures efficiency, transparency and security of transactions, staking and governance.

Exolix complements the ecosystem by offering:

• Seamless access to liquidity on networks

• Fast, non-custodial swaps

• Some of the best swap rates in the industry

• Support for both native

Exolix makes swapping Ontology tokens fast, easy and private - without sacrificing control or security.