We are a project 100% community oriented and committed to give back to our community.
With this in mind, we are starting our Developer fund initiative.
This initiative aims to support projects listed in DynX that are self-funded, rely on donations to keep the development, have an engaged community and a proven track record of active development.
What is the developer fund initiative?
DynX commits to donate a percentage of the market fees of the asset in question to the development team of the approved projects.
How much will be donated?
The more we earn with the market fees of the project, the more the developer team will get donated.
The structure will consist in 3 levels:
Level
Minimum average daily volume
MAX. average daily volume
Monthly average
5% Donation
0
200k USD
0 to 6M Volume
10% Donation
201k USD
300k USD
6M+ to 9M Volume
15% Donation
300k+ USD
No limit
9M+ Volume
Note: All values in USD will be based in CoinMarketCap asset value on the last day of each month
Example: If the asset XPTO generated 5M USD trading Volume in June, they will receive a XPTO donation valued in 500USD - 10% of our market fee.
Donations:
Donation level and amount will be calculated using the stats from a BitShares block explorer at the end of each month and sent to the developer team right after.
We will sum the monthly volume off all the active markets of the asset and calculate the donation from there.
The txid and the donation amount will be shared with the community via our Blog and social media.
With this project success we are creating a win-win-win situation for all the community:
Partner project team:
Will be able to receive more donations and keep developing the project.
Community:
Will have a place where their trading activities will directly support the project.
DynX:
Will be able to grow the community and volume of the DEX.
How can a project apply for this initiative?
Any person can apply a project for this initiative. Remember, this is a community based initiative.
So, even if you’re not part of the team, you can start the process!
Contact our support team using any of the available methods to start the process:
DynX reserves the right to change the terms & conditions of this initiative at any give time.
By applying to this initiative, you are automatically accepting this terms and conditions.