Since a couple of moths now, we are all getting used reading about and using Decentralized Finance (DeFi) projects, tokens, services ecc..ecc.. 

At the same time, we are also facing the possibility to switch from Centralized Exchanges (CEXs e.g. Binance , Coinbase ecc...ecc..)  to Decentralized Exchanges (DEXs). Some of them are still structured in the old way: orderbooks, candle-price charts and so on.

Some other are innovative: instead of using a predetermined price for a token pair, they introduce the SWAP concept, in wich the price is determined by the ratio of tokens hold by the liquidity providers; the vast majority of those DEX uses ERC-20 tokens based on the Ethereum network (that waht's made the ETH gas fees skyrokecting recentrly), with the most famous exemple being of course Uniswap.

So let's say the swap pool pair is X/Y, the "price" for X is determined by a predefined costant factor K, so that X*Y=K.  

Consequently   X= K/Y    and    Y=K/X   ,

                             where X and Y are the quantities of the tokens present in the pool respectively.  So everybody, by connecting a wallet, can either swap token X for Y, or provide liquidity to the pool X/Y and tipically earning a percentage of all the fees generated by other users.

This is called an Automated Market Maker Protocol (AMM).

NOW,  the DEXToken Protocol is coming to us with a new way of generating a price, called the Speculative AMM, wich garantees lower splippage in case of big orders (wich would otherwise penalize the buyer/seller) and also lower volatility (see the picture below). Is important to insist on the fact that with this approach, one doesn't has orders nor orderbook, all purcheases are instantly settled against the pool.

The lunch of the swap functionality and the DEX will coming soon in Q4 of 2020, and the project is being developed by the Flowchain foundation, based in Singapore.

As if this were not enough to consider DEXToken Protocol a good dApp with great possibilities, you can already buy their native DEXG tokens at a number of exchanges, capped at a total of 200,000 units !

Most of those tokens (around 140,000) will be given to users as a reward for staking through their platform, and this is a really good features of the project. Those are the timelines for the various staking rounds:

                # Name                Schedule                    Locked Period (Days)

Round 1   IGNITION          September 2020              7

Round 2   LUNA                October 2020                  10

Round 3   CALYPSO           November 2020              10

Round 4   PANDORA         November 2020              10

Round 5   PROMETHEUS   December 2020               10

Round 6   HYPERION         December 2020               10

Round 7   DIONE               January 2021                    10

Round 8   TITAN                January 2021                    10

I will, personally, surely by some DEXG and start staking, waiting for major developements coming next year, such as :

•  Inflationary Tokens Speculative AMM
•  Off-Chain Tokens Speculative AMM
•  Derivatives Tokens Speculative AMM

Thanks you really much for reading, hope you enjoied! 

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