Dexe network

[Alex_marik]

The author of the topic is not a developer, and is not related to the project team. The information is published for informational purposes only.

Dexe.network or Dexe (Decentralized Social Trading Platform) – an online, decentralized and autonomous cryptocurrency assets portfolio environment which operates via autonomous smart contracts, that includes tools for virtual currency allocation, automatic rebalancing and eliminates the risks of transferring digital wallet details such as private keys and API or any virtual currency data to a third party, as well as fixing the absence of decentralized interconnection between users and successful traders within the framework of DeFi.



Dexe.network operates on the DAO (decentralized autonomous organization) principles. It means that any user within this network fully controls all financial transactions going through a personal wallet. No third parties interfere in the process.
The necessity of such a secure and decentralized money management tool is undeniable. Dexe provides an opportunity for any user to invest safely in a decentralized environment, controlling risks and finances using just the his/hers wallet.



The system works in such a way that when a user wants to invest in the desired trader, he uses our autonomous smart contract and in exchange for his crypto asset receives a trader’s token, which has a backup copy and is equal to the value of the asset invested by the user.
The user can store this token in their wallet or move it between any other wallets. He will also be able to transfer or sell it to someone else by agreement. The trader, on the other hand, trades using the user’s real funds and increasing their volume. Upon expiration, or when the user needs to exchange and return his funds, he sends the token to the Dexe smart contract and receives his asset back, taking into account the profit that the trader earned.

DEXE Partners Supporters and Investors


Token Sale Detals



Everyone will be able to participate in the token sale, and everyone will have the chance to choose the most interesting screenplay.
DeXe.network would like to note that the structure of the token sale is very specific, a large number of details have been calculated mathematically, and the token sale itself will allow all the interested users to understand how the product works and what benefits can be obtained using the DeXe.network platform.



Token metrics:
Token name - Dexe
Token symbol - DEXE
Token type - erc 20
Total supply - 100 000 000 DEXE
Initial circulation supply after 22 rounds - from 2000000 to 6000000 DEXE (Depends on the tokens that will be sold or burned during the token sale)
The potential token holders shall be able to use USDC, USDT, and ETH to exchange DEXE at token sale.
Startup token price - based on the first round funding

Token allocation:
Token sale - 5%
Staking rewards - up to 10% (if unlock reaches more than 10% of the allocated supply, staking rewards will stop being credited)
Foundation - 33%
Team - 20%
Partnership and ecosystem - 16%
Trading school and tournaments - 10%
Marketing - 5%
Market liquidity Fund - 1%
Lockup and release**:
Token sale - immediate release
Staking rewards - 12 months vesting
Foundation - 1-year cliff, 48 months vesting
Team - 6 months cliff, 24 months vesting
Partnership and ecosystem - 3 months cliff, 12 months vesting
Trading school and tournaments - 2 months cliff, 12 months vesting
Marketing - 1-month cliff, 12 months vesting
Market liquidity Fund - immediate release
Vesting = Gradual unlock of tokens that will happen every second (according to the specified periods)

1 round - strategic & promotion
The first round will be exclusive to all the people who will bring the most value to the product, they will become the first large users. In the first round, the largest number of tokens will be sold - 20% - 1,000,000 DeXe
The token price will be formed on the first round and will depend on the amount of token holders. All the tokens that will be purchased starting from the first and subsequent rounds won't be locked Users will get basic 5% daily rewards or 10% according to the conditions below.
To get doubled staking rewards the user will need to purchase an additional 1% (From his/her last purchase) every round. If the rounds 2-22 don't get filled, the amount of received staking rewards will increase exponentially (up to 40% per day) How to calculate the amount of staking rewards:
(-0,15 * PercentRoundfilled + 20,02) multiplied by 2 for doubled staking rewards. Staking rewards will have a vesting starting from the end of the last round for 12 months. If the user will have at least 1 DeXe token from the first round, he is eligible for doubled staking rewards if he acquires an additional 1% (From his/her last purchase).

2-22 round - Rounds with staking rewards
There will be 190,476 DeXe tokens on sale in each round.
How to calculate the «Fullness» of the round:
Current DeXe token buying amount / (190476 * DeXe price on the exchange).
If the round is not filled, the participants of the token sale will receive DeXe tokens with a discount from the current exchange price. 0% discount at 100% “fullness” and up to 10% discount at 0% if the round will be filled. On these rounds the basic staking rewards are 2% (4% for doubled staking rewards. To get doubled staking rewards the user will need to purchase an additional 1% (From his/her last purchase) every round.
If the rounds 2-22 don't get filled, the amount of received staking rewards will increase exponentially8% to 16% per day. See picture
The rewards are calculated using the formula: (-0.06 * PercentRoundFilled + . Multiply by 2 for doubled staking rewards. All unsold tokens in the round will be burned.

Staking rewards

All staking rewards have:
Cliff - 22 rounds
Vesting - 12 months with gradual unlock of tokens that will happen every second.
Only 10% of the total supply is allocated for staking rewards, at the end of which staking rewards will no longer be credited.
Staking rewards are locked for the entire period of the token sale. After round 22 is completed, every second unlock of staking rewards starts and lasts 12 months.
There is an opportunity to unlock a part of staking rewards with a commission (bridge fee). This option becomes available with a significant increase in the price of the DeXe token on the exchange.
If the DeXe token price x7 from the formed average price for round 2-10 on DEX - participants can unlock 10% of their Staking rewards with a commission of 14%
If the DeXe token price x10 of the formed average price for rounds 2-10 on DEX - participants can unlock 15% of their Staking rewards with a 20% commission
If the DeXe token price x15 of the formed average price for round 2-10 on DEX - participants can unlock 20% of their Staking rewards with a 30% commission
If the DeXe token price x20 of the formed average price for rounds 2-10 on DEX - participants can unlock 30% of their Staking rewards with a commission of 40%
Bridge fee will be burned in full

Farming rewards & double farming rewards



All Dexe token holders are eligible to receive Farming rewards after the product launch.
Token sale participants will receive increased Farming rewards according to the terms of the farming program.
Users who purchased Dexe tokens after the product release will not receive the increased Farming rewards, they are only eligible for regular Farming rewards after the end of the increased Farming rewards distribution program.
Farming rewards and increased farming rewards will be distributed in DEXE tokens
To start receiving increased Farming rewards, the user must sign up for high Farming rewards within 10 days from the date of the product release (registration will be done out on dexe.network)

How does it work?
After the release of the main product and when the user of the platform makes a profit, the smart contract will automatically deduct a commission from the users income, a part will be charged to traders for the provision of copying services and the management of their portfolios, and the second part will be divided, 50% of which will be bought out and burned within the decentralized environment, and 50 % is distributed among the participants of the farming program (token holders).

Increased farming rewards conditions :
Every day, at a random time, there will be snapshots of Dexe token holders' wallet balances. After a user has bought Dexe tokens, the calculation of the average period of time the token was held begins, which will be recorded on the day the second part of the Dexe.network product will be released. The recorded amount of tokens is divided by the average number of tokens held by the user during the period from the first purchase to the release of the product. We will get the difference between the final and average balances.

Increased farming rewards grades:
100% - 100.99% = х3 Coeff of “Holding days” and “Farming allocations”
101% - 124.99% = х4 Coeff of “Holding days” and “Farming allocations”
125% - 149.99% = x6 Coeff of “Holding days” and “Farming allocations”
150% - 174.99% = x9 Coeff of “Holding days” and “Farming allocations”
175% - ∞ = х13 Coeff of “Holding days” and “Farming allocations”

Where:
Coefficient of “Holding days” - The number of days the token was held from the first appearance in the wallet until the day of the release multiplied by the coeff.
“Farming Allocation” coefficient - The amount of tokens on the product release day multiplied by the coeff.
100.99% - The ratio of the final and average balances (we divide the final balance by the average balance)

All users who have a ratio of the final and average balance more than 100% are credited with Farming rewards received from copy-farming

The period for obtaining increased Farming rewards takes place according to this formula: The number of days Dexe tokens were held from the first day on the wallet to the day until the product release day multiplied by the coefficient of “Holding days” and “Farming Allocation” coefficient.

Governance & Usability of DeXe token in the ecosystem
1. Automatic buyback and burning of tokens for a % of traders rewards.
2. The use of the token by holders for voting and making decisions regarding:
a. The period and regulating the percentage of burned tokens
b. Influence the amount of farming rewards received (increase or decrease the % of accrual)
c. Ability to vote for the date of burning tokens and the accrual of farming rewards.

Website: https://dexe.network
Official telegram channel: https://t.me/Dexe_network
Official telegram EN chat: https://t.me/dexe_network_official_chat
Facebook: https://www.facebook.com/dexe.network
Medium: https://medium.com/dexe-network
LinkedIn: https://www.linkedin.com/company/dexe-network
Twitter: https://twitter.com/DexeNetwork

[Alex_marik]

1st of October, was announced the refund option for Token sale participants — “One-Year of Confidence”
We kindly ask you to read the answers to the short faq about the“One-Year of Confidence”:
Yesterday (1st of October), was announced the refund option for Token sale participants — “One-Year of Confidence”
We kindly ask you to read the answers to the short faq about the“One-Year of Confidence”:
What amount of assets will be refunded under the One-Year of Confidence program?
80% of the price of tokens purchased in the round.
2.When will the assets be refunded?
Assets will be refunded if the price of the token one year after the end of the token sale will be lower than the price of the purchased tokens in the round.
3. Do tokens received during Staking rewards or Farming rewards taking part in the One-Year of Confidence program?
No. The refund program involves tokens purchased only during the token sale.
4. Do tokens purchased on DEX partake in the One-Year of Confidence program?
Tokens purchased on the DEX and transferred to the wallet through which the user participated in the token sale take an interest in the Reward programs, but do not participate in the program 1 One-Year of Confidence
5. In what digital assets the refund will be made?
The size of refunds will be fixed in USDC at the time of the purchasing and will be paid in USDC according to the One-Year of Confidence program.
6. Do tokens purchased in the first round partake in the One-Year of Confidence program?
No, participants of the first round don’t have the opportunity to receive a refund for the 1st round, but can receive a refund for rounds from 2 to 22 if they participated in those rounds.
7. Do users need to hold tokens to participate in the refund program?
Yes, during the token sale, it is a must to hold 100% of purchased tokens. And at least 20% of tokens must be held on the wallet after the token sale ends until the refund is received.
8. What are the terms of participation in the program?
To participate in the One-Year of Confidence program, users need to participate in rounds from 2 to 22 of DeXe token sale. (from September 29 to October 19), and the refund program itself will begin 12 months after the close of the 22nd round (October 20, 2021)
9. Do tokens purchased or withdrawn from the token sale’ wallet can participate in the refund program?
No. Tokens that were moved from the wallet or were sold during any of the rounds of the token sale — don’t participate in the program One-Year of Confidence in this round.
10. What is the price of tokens that will be taken into account under the refund program?
The price and volume of purchased tokens will be fixed in each of the rounds and will be added to the smart contract for refund.
The technical details will be published soon.
Website: https://dexe.network
Official telegram channel: https://t.me/Dexe_network
Official telegram EN chat: https://t.me/dexe_network_official_chat
Facebook: https://www.facebook.com/dexe.network
Medium: https://medium.com/dexe-network
LinkedIn: https://www.linkedin.com/company/dexe-network
Twitter: https://twitter.com/DexeNetwork

[Alex_marik]

Step by step DeXe rewards program
We see that many of you couldn't completely see how the Staking rewards program works and therefore decided to provide a nitty-gritty, bit by bit guidance.

Thanks to DeXe reward programs, the annual return in DeXe tokens can be as high as 14600% of the original purchase amount, thanks to its mathematical and financial model.

You can read more about the principles of this system as well as about the program of guaranteeing the safety of funds exchanged for DeXe tokens in this article (Staking rewards program lasts only 22 token sale days, after it Farming rewards program starting)
https://medium.com/@dexe.network/step-by-step-dexe-rewards-program-50e2d1a8de4d

[Alex_marik]

DEXE token on a centralized exchange. MXC will be the first CEX for the token DEXE to be listed on.


Trading will be available starting from the Sixth of October 2020, 06:00 AM (GMT).
MXC is a well-known CEX because of its support to DeFi. MXC offers trading in 242 coins and has 374 trading pairs. All the team of DeXe Network is very pleased that MXC was the first CEX supported the project and we hope for very successful cooperation.
The good news does not end there, DeXe team has prepared a trading competition for everyone, it will start at 6 AM on October 6th and will last until 6 AM on October 11th (GMT).
And the size of the prize pool will be as much as 4000 DEXE tokens.
Moreover, on the 7th of October at 9 AM, an AMA session between DeXe and MXC teams will be held, stay up to date!
Competition conditions and rewards:
Users who exchange DEXE during the trading competition time frame will be ranked dependent on their trading volume. The best 10 users with the biggest trading volume (meeting min. trading volume requirement) can share a super prize pool. Moreover, there’s a participation prize for DEXE traders. The details are as follows:
Image for post
Note:
1. Trading Volume = Buys + Sells.
2. The prize will be divided into users’ accounts within 7 workdays after the promotion ends.
3. Clients who partake in this competition should complete the KYC check.
4. Wash trading and any cheating conduct are strictly prohibited. Otherwise, MXC has the right to deprive the prize, even freeze the account.
5. MXC reserves the right to cancel or amend the promotion and related rules at their sole discretion.

[Alex_marik]

We are pleased to announce the closing of the 8th round of DeXe Token Sale!