Hello everyone, I will introduce you to the DAEX Project and the reason I write or discuss the DAEX Project is because the DAEX Project is very useful for you and if you want to know more about the benefits of the DAEX Project, stay here until the end!
What is DAEX?
DAEX utilizes Blockchain Technology to solve problems with existing exchanges (both decentralized and centralized exchanges), DAEX comes with hybrid exchanges. This exchange integrates the benefits of centralized and decentralized exchange to provide highly safe, open, strong and transparent liquidity that is the core value of the DAEX ecosystem.
DAEX goal is to alleviate the responsibilities of centralized exchanges by providing them with identity authentication, asset registration, asset clearing and asset settlement services.
FOR CRYPTOCURRENCY INDUSTRY
A decentralized clearing and settlement ecosystem based on DLT
FOR CRYPTOCURRENCY EXCHANGES
A bridge for connecting multiple centralized exchanges.
FOR CRYPTOCURRENCY TRADERS
A reliable custodian of multiple assets. Accessible with secure a multi-segment key.
DAEX thus can effectively address flaws and risks of the current cryptocurrency industry and lay a solid foundation for the healthy development of this industry.
DAEX WALLET
Supporting multiple assets for both enterprise and individual level customers.
DAEX CLEARING CHAIN
A public clearing chain supports cross chain clearing for digital assets.
DAEX FUND
Supporting investments of cryptocurrency exchanges and wallets, cross chain solutions and asset management projects.
DAEX is a clearing solution for centralized cryptocurrency trading exchanges. Its clearing service is based on distributed ledger technology. Clearing and settlement rules are preprogrammed into clearing smart contracts on the DAEX clearing chain. The clearing process is automatic without people’ s interference. The objectivity of clearing is guaranteed by the consensus mechanism on the clearing chain. Also, customers’ digital assets are registered and stored on the DAEX’ s clearing chain. No other institutions or individuals can access these assets without the owner’ s permission.
Why DAEX?
Help exchanges to become more competitive
Cryptocurrency exchanges nowadays offer the same service. Trading service is more and more becoming a commodity. DAEX ecosystem offers participating exchanges a new competitive advantage over competitors. First of all, the token rewarding mechanism for everyone-clearing will attract more new users, generate more frequent trades and more trading quantity. Secondly, the DAEX multi-asset wallet lowers the delivering cost. Thirdly, the separation of trading and clearing helps exchanges to focus more on their core competencies, thus maintain their competitive advantages.
The DAEX ecosystem is the best combination of centralized trading and distributed clearing. DAEX users can enjoy the best trading experience provided by centralized exchanges and also at the same time do not have to worry about the safety of their trading assets. DAEX also significantly lowers the technical and business entry barriers for aspiring exchanges, providing a solid foundation for their business growth.
DAEX Token: DAX
The DAEX ecosystem uses token DAX to facilitate the cooperation among different parts of the system. DAX tokens can be used as a clearing fee, exchange trade matching fee, settlement fee and derivatives clearing fee. The DAEX Foundation issues DAX to raise fund for the development of the DAEX solution. The fundraising plan and the usage of DAX are stated below:
Tokens Name: DAX
Tokens type: ERC20
Tokens Total: 2,000,000,000
DAX Allocation Plan
The total cap of DAX: 2 Billion
Initial Distribution
Exchange Partners, Team & Advisors, Other Partners
Later Mainnet Distribution
Clearing Reward(CVF-POS Mining)
DAEX Roadmap
2018 Q1: Publish DAEX whitepaper
2018 Q2: Publish DAEX technical whitepaper (A Distributed Digital Asset Clearing Ecosystem)
2018 Q3: Publish DAEX technical whitepaper (Clearing Value Factor (CVF) and wallet solution based on a trusted computing environment)
2018 Q4: Publish DAEX technical whitepaper (DAEX Fund report, token plan (clearing-as-mining), node deployment and governance model)
2018 Q4: Beta release (test net)
2019 Q2: 1.0 release and start in production (main net)
2019 Q4: 2.0 release
Up here explanation from me and to avoid all forms of fraud please look for accurate and reliable information or visit the Link I provide below:
Website: https://www.daex.io
Whitepaper: https://www.daex.io/pdf/DAEX
️Twitter: https://twitter.com/DaexBlockchain
Telegram: https://t.me/DAEXOfficial_en
Reddit: https://www.reddit.com/r/DAEX_Blockchain/
Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576
