|DEXG - USDC||TITAN: Liquidity Staking||22th January, 2021||850 DEXG||Withdraw rewards|
|DEXG - USDC||DIONE: Liquidity Staking||8th January, 2021||1,000 DEXG||Withdraw rewards|
|DEXG - USDC||HYPERION: Liquidity Staking||18th December, 2020||1,250 DEXG||Withdraw rewards|
|DEXG - USDC||PROMETHEUS: Liquidity Staking||4th December, 2020||2,000 DEXG||Withdraw rewards|
|DEXG - USDC||PANDORA: Liquidity Staking||20th November, 2020||3,150 DEXG||Withdraw rewards|
|DEXG - USDC||CALYPSO: Liquidity Staking||6th November, 2020||4,000 DEXG||Withdraw rewards|
|DEXG - USDC||LUNA: Liquidity Staking||23rd October, 2020||5,250 DEXG||Withdraw rewards|
|DEXG||IGNITION: Locked Staking||21st September, 2020 (End)||6,500 DEXG||Withdraw rewards|
The Dextoken protocol uses Speculative AMM to ensure token pool liquidity and benefit DEXG token holders 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 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.
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.
We propose a Speculative AMM as a method, which to mitigate the issue of over-speculation 'smoothes out' strong price fluctuations. More details are described in the DEXToken Protocol Whitepaper.
A "perfect token" should have low volatility characteristics, and further that the properties of its blockchain network should determine its price change. The DEXToken Protocol can gradually develop DEXG to be a "perfect token."
The order's quantity will affect the token price and cause price slippage to be raised exponentially by the Constant Product algorithm. Uniswap is recognized for this kind of algorithm.
DEXG's Speculative AMM can provide a reasonable price conversion model with a smooth price slippage and low volatility. Thus, Speculative AMM is more suitable for decentralized exchange use cases.
|Date / Time||Title||Abstract|
|12nd January, 2021||Dev Update #7||Lot’s of small steps in the right direction.|
|3 December, 2020||Dev Update #6||Security Security Security!|
|19 November, 2020||Dev Update #5||Under the hood.|
|9 November, 2020||Dev Update #4||Setting the scene.|
|3rd November, 2020||Dev Update #3||Taming the algo. We have hit private beta.|
|28 October, 2020||Dev Update #2||The Liquidity Pool commits merged.|
|26 October, 2020||Dev Update #1||Seen the challenge creating a DEX from scratch.|
The Speculative AMM establishes price valuation models based on the properties of a blockchain network: Users, transaction needs, platform utilization rate, interest rate, and other characteristics.
In 2018, the Flowchain Foundation released a white paper titled "The Tokenized Hardware Whitepaper," which depicted the blueprint of real-world hardware tokenization.
Flowchain Foundation established the Tokenomics Research Center and published the academic white paper titled "Volatility effect on the adoption and valuation of tokenomics" at the SAC '20: Proceedings of the 35th Annual ACM Symposium on Applied Computing Conference.
Launch DEXToken Swap Exchange. Observing the DeFi movement's upsurge, Flowchain quickly recognized the importance of the Automated Market Maker (AMM) concept for decentralized exchanges.
The Speculative AMM algorithm proposed to provide the cryptocurrency world with a brand new approach to AMM that provides the foundation of a genuinely decentralized exchange.
Expand Speculative AMM and its product line:
1. Inflationary Tokens Speculative AMM
2. Off-Chain Tokens Speculative AMM
3. Derivatives Tokens Speculative AMM
Flowchain will closely align with government policies and actively develop into a service provider for IoT finance, digital finance, and decentralized finance.
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.
The staking reward distribution will span over eight rounds.
|Token name||Dextoken Governance|
|Max total supply||55,000|
|Token Distribution||20,000 DEXG - Initial liquidity offering at 0.5 USDT on Uniswap.
Staking rewards for the remaining supply
|Contact window||[email protected]|
|Proof of Liquidity Lock - Uniswap||Uniswap Liquidity Lock Proof|
|Security auditing||The audit report by Pessimistic showed no vulnerabilities in the DEXG smart contract.|
|No ICO. No presale||DEXG didn't have ICO or presale. Everyone will obtain DEXG tokens in the market price.|
DEXG provides 20,000 DEXG for initial liquidity offering to the community via Uniswap, and 24,000 tokens has already be distributed over eight Staking Reward rounds.
Detailed information about DEXG's unique and fair token distribution model can be found in the blog article: DEXG Staking and Supply Mechanisms.
|Initial Liquidity Offering||20,000||Fair token distribution to the community. Minted when the contract is deployed at the pre-launch stage.|
|Team||5,500||Team incentive and rewards.|
|Fund Raising||5,500||Long-term development funds. Used to pay marketing expenses, benefit private investors, for the exchange liquidity, and pay for the exchange listing fee. Those liquidities, including the investor's tokens, will not influence the price.|
|Official release date||12:00 pm UTC, 5th September, 2020|
|Note||Please be careful of any formation on social media by verifying the source of information to prevent fraud.|
DEXG tokens are not intended to constitute securities in any jurisdiction. The white paper does not constitute a prospectus or offer document of any sort, and is not intended to constitute an offer of securities or a solicitation for investments in securities in any jurisdiction.
The Flowchain Foundation Limited disclaims any and all responsibility and liability to any person for any loss or damage whatsoever arising directly or indirectly from (1) reliance on any information contained in this white paper, (2) any error, omission or inaccuracy in any such information, or (3) any action resulting therefrom.
The value of DEXG tokens is currently very volatile. Flowchain Foundation ("Company") does not have any means of stabilizing the token value, please buy at your own risk. Unlike bank accounts or accounts at some other financial institutions, DEXG are uninsured unless you specifically obtain private insurance to insure them. Thus, in the event of loss or loss of utility value, there is no public insurer or private insurance arranged by Company, to offer recourse to you. Because DEXG are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the platform or DEXG. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the DEXG and the platform, including the utility of the DEXG for obtaining services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.