Why Dx0
Derivatives are financial contracts whose value is dependent on an underlying asset or group of assets. The commonly used assets are stocks,bonds,currencies, commodities,market indices and in recent years. Dx0 Protocol supports the following: Options Trading: Options are derivative contracts that give the buyer a right to buy/sell the underlying asset at the specified price during a specifiedperiod. Futures Trading: Futures are Programmed contracts that allow the holder to buy/sell the asset at an agreed price at the specified date.
Features
Here’s a sneak peak of some features of Dx0
Swaps
Swaps are derivative contracts which is an agreement between two counterparties to exchange financial instruments or cashflows or payments for a certain time
Cross-Collateral
Traders can deposit a variety of supported tokens as collateral for their positions, saving on swap fees.
Cross-Margin
Leverage is shared across all positions under a single account, allowing for un-disorganized capital efficiency.
Dx0 AGGREGATOR
The market aggregator works as a search and optimization engine that collects data from several targeted sources and displays the optimal products/choices to the final user.This would be one of the best features Dx0 , such that Investors can have a great impact on the user's experience while trying to find the best deals Dx0 will browse through different markets where a token is listed and bring the best offers that might match your investment by extracting data from different markets/ past searches
FARMING AND VAULTS
Yield farming allows the token holders to generate passive income by locking their funds into a lending pool for some interests as a return. Users lend or borrow crypto on a DeFi platform and earn cryptocurrency in return for their services. It involves extensive participation of the automated market makers (AMM) : the liquidity providers (LP) that add funds to the liquidity pool from time to time to uphold the ecosystem. The resemblance of the staking concept allows LP to earn rewards by facilitating the transactions in a blockchain network.
Token Distribution
LP : Added at Uniswap
Tax : 0%
75% Liquidity Pool
21% Pre Burn
4% Marketing & Development
Dx0 Roadmap
A small look into what we will do in 2023
Phase 1
- Telegram Buildout
- Twitter Buildout
- Pre-Launch Marketing
- Dextools Profile Verified
- Staking and Dapp
- CoinGecko Listing
- CoinMarketCap Listing
- Stable Market Cap Target
Phase 2
- Mobile App V1
- Cex listing
- SubReddit Buildout
- NFT Project Release
Phase 3
- NFT staking Dapp
- Listing on Major exchanges
- Decentralized Futures Protocol V1 + Buyback and Burn Implementation
- Android and iOS launch on Google Play/App Store
Phase 4
- Spot DEX which will support limit orders
- Cross-chain Swap