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dexSHARE Dex Finance

dexSHARE Dex Finance

OverviewStructured DataIssuesContributors

Contents

dexfinance.com
Is a
Organization
Organization
Cryptocurrency
Cryptocurrency
Company
Company

Company attributes

Industry
Software
Software
Blockchain
Blockchain
Technology
Technology
Cryptocurrency wallet
Cryptocurrency wallet
Decentralized Finance
Decentralized Finance
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Cryptocurrency
Cryptocurrency
B2X
B2B
B2B
Email Address
info@dexfinance.com
Competitors
Impossible Finance
Impossible Finance
Stock Symbol
DEXSHARE
Exchange
PancakeSwap
PancakeSwap
Latoken
Latoken
EToro
EToro

Cryptocurrency attributes

Ticker Symbol
DEXSHARE0
Genesis Block Date
May 7, 2022
0
Block Explorer URL
bscscan.com/token/0xf...e5CfFc4cA6

Other attributes

CoinGecko ID
dexshare0
Company Operating Status
Active
Cryptocurrency Symbol
DEXSHAREx
Medium URL
medium.com/@DexFinance
Partner Organizations
PancakeSwap
PancakeSwap
Token Standard
BEP-20

What Is dexSHARE?

dexSHARE is part of a multi-token token system and can be considered a measure of value in the Money Market Protocol. dexSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Money Market protocol.

What Is the Dex Money Market?

Dex Money Market is an algorithmic reserve protocol with multi step auto-compounded strategies and ETF rewards. Our protocol offers a single regulatory mechanism and protocol owned liquidity. The Money Market consists of three corresponding tokens – USDEX, dexSHARES and dexETF.

Inspired by precursive projects before us (Tomb Finance, Olympus DAO, Balancer, Beefy Finance) we have developed a truly unique multi-token protocol that empowers users by simplifying the advanced trading strategies employed by experienced investors and promotes growth through a low-risk algorithmic trading model.

So what’s different?

Money Market operates on a three token system designed to work in harmony with one another. Our protocol uses advanced tokenomics to accomplish three primary objectives.

Maintain the price of the peg token without putting investors at risk. Allow less experienced investors to participate in high yield farming. Prevent mercenary yield farmers from pillaging liquidity pools.

How does it work?

After presale the only new supply of USDEX going into circulation comes from the regulation pool (boardroom).

In the traditional model, these tokens would be dispersed to boardroom stakers immediately every epoch based upon the TWAP.

In our model, the stakers do not receive USDEX. Instead the protocol takes in all of the newly minted USDEX and then only sells enough to bring it back to peg.

Once the protocol sells the correct amount of USDEX, those tokens (which are now counted within the circulating supply) can be bought or sold – so the protocol never sells (or puts into circulation) more than the treasury can buy back at the peg price.

The profits from the sale of those USDEX tokens are then converted to dexETF tokens and redistributed back to dexSHARE stakers. If these stakers decide they want to sell those rewards at this point they can do so all they want as this has no impact on the price of the peg token.

The Money Market protocol controls the supply of peg tokens by only selling when the price is optimally above peg and only selling an amount that can be covered by treasury backed assets so the USDEX that was previously sold can be bought back if needed.

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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References

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