Dextoken Protocol

Building the DeFi Ecosystem

友善提醒:DEXG 并未设立任何官方中文群或英文群,请在官方网站查证任何非官方群里的消息,并自行判断讯息的真实性。
澄清启示:本項目並「沒有」得到任何投资机构的融资與支持。DEXG 为实用型治理通证,并不是投资商品,请谨慎做好评估,切勿以投资目的交易 DEXG。

DISCLAIMER: Unaffiliated/unofficial/unsanctioned/fan accounts are those that have been created without the knowledge, consent or prior approval from Company. We retains the right to request that unofficial accounts clearly indicate in their bio that they are not affiliated with the Company. Subsequently, the online community's information belongs to the author's remarks or opinions and does not represent the company's official position. Such content is informal information, and the company reserves the right to refuse to express any views on any or all informal remarks or opinions. For formal information, please refer to the official website.

The Dextoken Protocol is a DeFi infrastructure that implements the brand-new Speculative AMM.

Dextoken Protocol

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

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.

Universal Price Model

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."

Speculative AMM Techniques

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.

Development Roadmap

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.

2018

In 2018, the Flowchain Foundation released a white paper titled "The Tokenized Hardware Whitepaper," which depicted the blueprint of real-world hardware tokenization.

2019

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.

Press Release, Academic White Paper

2020

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.

2021

Speculative AMM for deflation and inflation tokens launched on the Ethereum mainnet.

The first working product of Specualtive AMM, has been successfully launched on the mainnet.

DEXG Interface (beta), Deflation and Inflation AMMs

2022-2025

DEXG Finance will closely align with government policies and actively develop into a service provider for IoT finance, digital finance, and decentralized finance.

Protocol Governance Token

DEXG token is not an investment, and please only trade DEXG tokens if you read and accept the disclaimer.

Token name Dextoken Governance
Token Symbol DEXG
Total supply 55,000
Token Distribution 20,000 DEXG - Initial liquidity offering at 0.5 USDT on Uniswap DEXG/USDT Pair. Staking rewards for the remaining supply
Token Contract 0xb81d70802a816b5dacba06d708b5acf19dcd436d
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.

Community Token Distribution

Token Distribution. Started in September 2020, the community issue and distribute DEXG tokens over the eight staking reward rounds.

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 community issue and distribute DEXG tokens via the following staking reward rounds.

# Name Schedule Locked Period (Days)
Round 1 IGNITION September 2020 7
Round 2 LUNA October 2020 7
Round 3 CALYPSO November 2020 7
Round 4 PANDORA November 2020 7
Round 5 PROMETHEUS December 2020 7
Round 6 HYPERION December 2020 7
Round 7 DIONE January 2021 7
Round 8 TITAN January 2021 7
Token Finance Schedule Total Rewards
DEXG - USDC TITAN: Liquidity Staking 22th January, 2021 850 DEXG
DEXG - USDC DIONE: Liquidity Staking 8th January, 2021 1,000 DEXG
DEXG - USDC HYPERION: Liquidity Staking 18th December, 2020 1,250 DEXG
DEXG - USDC PROMETHEUS: Liquidity Staking 4th December, 2020 2,000 DEXG
DEXG - USDC PANDORA: Liquidity Staking 20th November, 2020 3,150 DEXG
DEXG - USDC CALYPSO: Liquidity Staking 6th November, 2020 4,000 DEXG
DEXG - USDC LUNA: Liquidity Staking 23rd October, 2020 5,250 DEXG
DEXG IGNITION: Locked Staking 21st September, 2020 (End) 6,500 DEXG

Tokenomics

DEXG provides 20,000 DEXG for initial liquidity offering to the community via Uniswap, and 24,000 tokens has already be distributed by the community 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.
Community 24,000 Staking rewards.

DEXToken Protocol
Whitepaper

Official release date 12:00 pm UTC, 5th September, 2020
Version 1.0
Download link DEXToken-Protocol-Whitepaper-1.0-en.pdf
MD5 Hash bfd6b779f4e2f4df26dba3677180acc5
Note Please be careful of any formation on social media by verifying the source of information to prevent fraud.

Disclaimer

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 ("Company") 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. The 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.

As stated above, the DEXG token is not intended for investment, and it is a functional token of the DEXG ecosystem. Therefore, when the purchasers or sellers ("Investors") purchased DEXG from the secondary market, they became a DEXG holder and a DEXG ecosystem user.

Furthermore, the DEXG has reached the fair token distribution and targeted supply of 55,000 DEXG. With this milestone reached, the Company has removed the minter and owner role from the DEXG token smart contract. As the company has no more control over the DEXG smart contract, the DEXG token is now under extensive community control. Every transaction is decided by themselves, where the company has no right to interfere. Additionally, DEXG's initial offering and the fair token distribution did not hold fundraising of any kind forms including the public sale, private sale, or ICO. Therefore, these token holders' benefits or risks have no connection with the company's success. And the mere presence of a speculative motive on the part of Investors does not evidence the existence of an "investment contract" within the meaning of the securities acts. Accordingly, in a sense, anyone who buys or sells a horse or an automobile hopes to realize a profitable "investment."

In reality, the general market for the DEXG token will be composed of two significant kinds of purchasers. The purchaser only intends to use DEXG as a utility to make transactions in the DEXG ecosystem, and some will purchase the tokens for further secondary market appreciation. In other words, the fact that a holder might purchase DEXG solely in order to sell it in the secondary market for profit does not constitute the expectations for profits from the efforts of "others."

The company reserves the right of final interpretation for the content hereinabove.