The BitShares utility token (xov.bts)
The BitShares XOV token is a secure version of the Ethereum XOV token that can only be traded and stored within the DAMP. This provides trust and assurance to the XOV customer that their currency is at less risk than the Ethereum token held and traded in external exchanges that we do not control.
DAMP customers holding the Ethereum XOV token will be given the opportunity to swap their tokens for the secure BitShares version without detriment as the price is the same. Once swapped, they can hold their currency or use it to purchase other currencies such as Bitcoin and Ethereum.