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DEXTokenDeFined :
Dextoken (DEXG) / Rank 2546
what is DEXTokenDeFined
The Dextoken Protocol is a DeFi infrastructure that implements the brand-new Speculative AMM.
Speculative AMM is a priceless automated market maker proposed by the Flowchain foundation.
Dextoken Protocol:
The Dextoken protocol uses Speculative AMM to ensure token pool liquidity and benefit DEXG token holders (the "Dextoken Governance" ERC-20 token) by rewarding them a portion of the transaction fee.
The purpose of the Dextoken protocol is to enable the blockchain network to calculate the theoretical token price.
Speculative AMM :
Speculative AMM is a priceless automated market maker. It determines the token price based on the volatility. Speculative AMM is a Universal Price Model that can evaluate the price of tokens.
Offchain Minting :
Dextoken Protocol has an off-chain issuable token technology to provide minted token redeem and user withdrawal capabilities.
It can also provide a scientific minting mode for both off-chain and deflationary tokens.
Roadmap:
- August 2020 : Initial Liquidity Offering
- Septembre 2020 : Staking Rewards
- Novembre 2020 : Deflationary Tokens Speculative AMM
- Q1 2021 : Inflationary Tokens Speculative AMM
- Q3 2021 : Off-chain Tokens Speculative AMM
- 2022 : Iot Payments
- 2022 : Online Payments
The DEXToken Liquidity Model
The DEXToken Liquidity Model consists of three layer :
- Decentralized Exchanges (DEX) Decentralized Exchanges provide facilities to deposit single tokens, multicollateral tokens and off-chain tokens.
- Staking Pools The Staking Pool is a basket of diversified digital assets. A reserved fund provides liquidity by staking collateral tokens in the Staking Pool.
- Speculative AMM's tokenomics layer The Speculative AMM's tokenomics layer reflects the circulating supply of tokens and can be utilized by a trading bot to create profits via arbitrage trading. The Speculative AMM maintains price stability using a low-volatility token model and an arbitrage trading system, maintaining token liquidity and providing the off-chain capabilities of token redemption and user withdrawal
Official Exchange Listing
Staking Rewards
Eight Rounds. The staking reward distribution will span over eight rounds, with the first round going live in September 2020.
Locked Staking. DEXG Holders will need to lock their DEXG in the Staking dApp.
Increase Supply. Locked Staking is a token distribution mechanism to increase the circulating supply by directly rewarding holders with the supply based on the proportion to what holders already hold.
IGNITION Staking Round
The IGNITION round will distribute 6,500 DEXG as staking rewards.
The staking rewards depends on the share of the total staking pool. If your share of the staking pool is 1%, your received 65.00 DEXG (6,500*1%) rewards.
Learn more about IGNITION Staking Round
Staking Rounds
The staking reward distribution will span over eight rounds.
DEXToken Swap Exchange
Flowchain will launch the first product at the end of 2020: The DEXToken Swap Exchange. The user experience is engaging that it only has a "Buy" button.
The Speculative AMM sets the price automatically. The user only needs to input the desired quantity.
DEXG Smart Contract
Token Distribution
DEXG provides 20,000 DEXG for initial liquidity offering to the community via Uniswap, and 2,000 - 140,000 tokens will be distributed by Staking Rewards.
The maximum supply of 200,000 DEXG is a theoretical value, and the real maximum supply will not reach the theoretical supply hard-cap of 200,000 DEXG.
It is because the higher the ATH price at Uniswap, the fewer tokens will be minted for reward distribution. Detailed information can be found in the blog article: DEXG Staking and Supply Mechanisms.
