DACX

Desember 24, 2019

DACX is a digital exchange that exploits the positive features of blockchain technology. Hence it requires a utility token to harness its full system of operation. DACX Token is the utility token that the platform has adopted. This article reveals the essential details of the DACX token.

The DACX token has a limited supply of precisely 786,786,786. This total supply is prone to decrement as a result of frequent token burns. The DACX utility token runs on the Ethereum blockchain-based on the ERC-20 token standards.
5% of the tokens are for the angel investors, while 15% goes to the team. 5% of the total amount of the DACX token serves as bounty while 50% is meant for crowd sales. The last 25% of the tokens is locked. The team members will get their tokens monthly from the launch of the DACX platform.

The DACX token functions a whole lot of functions from the DACX platform. It may be used to cover trade fees, draw fees, listing fees and a few other fees. The reduction begins at 50 percent and decreases over the decades to 25 percent in the next year. At the next year, the reduction rate declines to 15 percent while at the 4th year there’s absolutely no discount.

The same as every other platform which uses the market, DACX delivers the First Exchange Offering. Only verified and enrolled token holders are permitted throughout the offerings. At the start of each IEO stage, a specific quota of this token provides is earmarked for token holders. The platform will probably be burning DACX tokens based on the trading charges along with the foundation restricting fees it collects in a specific month.

Throughout the very first IEO, there’ll be a “No Base List Fee” ticket that is usable in 1 future IEO or Token List. The particulars and the prerequisites for these tickets and “Free Ticket” will be accessible only prior to the IEO. Even though there’s generally a minimum number of tokens that collectors must have in an account which will remain adequate no matter the moment.

DACX can implement an incentive program to benefit users when they market or recommend the market to other people. They get a part of their trading commission in known consumers via DACX tokens.

The DACX token includes a great deal of usage and advantages from the DACX market. It’s a utility market, therefore users may get virtually all services from the platform through the token. It’s also the way DACX accomplishes the objective of earning a more attractive trading market. The reward system using all the DACX tokens makes the market more appealing.