Decentralized Finance or commonly known as DeFi has become a hot topic of discussion in the blockchain world around the world. Basically, DeFi is a system that aims to provide open and transparent financial services.
Interestingly, DeFi offers an advantage where individuals and institutions can take advantage of wider access to financial applications without the need for a third-party intermediary.
In general, DeFi is an attempt to decentralize core traditional financial use cases such as trading, lending, investing, wealth management, payments and insurance on the blockchain.
In fact, DeFi makes it easy for everyone who previously did not have access to banking or financial services. With this technology, costs can be minimized and everyone on low incomes can also benefit from a wider range of financial services.
What is DXBPAY?
DxSale is a decentralized, cross-chain, token management platform as a service. The goal is to launch the DXB token through an initial discount sale, until it reaches a pre-defined limit. After the pre-sale, DXB distribution will only occur via PancapeSwap. PancakeSwap is a decentralized exchange based on BSC, which provides a liquidity pool for exchanging BEP-20 tokens. PancakeSwap will generate the potential to exchange between Binance Coin (BNB) and DXB, for purposes related to the initial token sale, and for subsequent token swaps, transfers, rewards, and issuances.
DXB Features
- Community: We support each other and other communities, and we love doing it.
- Charity: By donating to charity, we remind ourselves of our obligation to make this world a better place for everyone. We are building 101 schools worldwide.
- Sustainability: The future is coming, and we are ready for it. DXB Payment Gateway brings new payment features in cryptocurrency.
BUSINESS MODEL
The first digital coin, Bitcoin, was created with a single value proposition in mind – to be a cash-like asset for electronic payments. Its value lies in pseudonymous, commensurate network properties.
Later, open blockchains like Ethereum started with the idea of offering space for distributed computing, generating value for miners, developers, and risk takers who create applications.
Platform Difference
Choosing a platform for token transfer is critical to the future of cryptocurrencies. The features of the underlying blockchain can make the difference between wider adoption and barriers to entry that restrict new users, businesses, and developers.
PROBLEMS/CHALLENGES
The launch of cryptocurrencies poses both general and specific challenges. On a more general side, digital coins and tokens are still experiencing image struggles regarding their potential involvement in fraud, money laundering, or other dishonest schemes. Even relatively volatile market prices are often cited as the main reason to avoid digital assets.
The cryptocurrency market is saturated with many offerings, and new projects need an edge to stand out among thousands of tokens. The ease of creating new tokens, as well as DeFi applications and trading curves, leaves potential buyers confused by the variations. Added to this is the general distrust of some of the projects, especially because of the history of carpet pulling, which is equivalent to throwing coins and destroying the market. Token-based projects also frequently experience smart contract exploitation, such as generating new, unauthorized tokens and selling them on exchanges.
Solution
Cryptocurrency solutions can be very agile through the use of the latest technology. DXB is dedicated to solving some of the key problems of using common digital assets, as well as DeFi and algorithmic trading in particular.
DXB started with the premise of avoiding as much as possible burdening new buyers with non-permanent losses. Therefore, DXB was not built with the idea of “farming”. Instead, each transaction is charged a 7% fee, part of which is sent to the PancakeSwap liquidity pool. The only thing a DXB owner has to do is hold the coins, and receive a portion of the fee back, in the form of BNB tokens. We will discuss this solution further in a detailed outline of the DXB token.
Tokenomics
The DXB token follows a unique chain system and reward system spread across two stages.
Cost Distribution
Stage two
Cycle burning
DXB is designing a token that allows rewards to investors for holding tokens only. Rewards vary on the time of holding tokens. For example, the more time you hold the tokens, the more rewards you will earn. Token holders are also rewarded for the advancement of the DXB ecosystem through higher transaction volumes which will increase the profit from transaction fees.
Token Details:
- Parameters for DXB:
- Initial supply: 500,000,000,000,000 (500 trillion DXB)
- Transaction fee: 7%, drops to 2% forever after hitting the token burning schedule goal.
- Burning address: 0x00000000000000000000000000000000000000000
- Standard: BSC-20
- Network: Binance Smart Chain
- Wallets: MetaMask, Trust Wallet, all Binance Smart Chain supporting wallets
- Redeem: Swap Pancakes
Token Sale
The DXB token sale aims to achieve an orderly, organized and democratic distribution of token fractions. The first round of the Token Sale will take place on July 28, 2021.
The token sale will be accomplished via the DxSale entity www.dxsale.app . The process will begin with a pre-sale of 14% of the supply divided over two rounds. Additional tokens remaining from the pre-sale will be automatically sent to the burn address, reducing inventory even before PancakeSwap lists. The sale will also be complemented by an 11% airdrop to facilitate wider adoption.
The token sale was created to limit the creation of “whale” wallets, as no presale buyer can keep more than 1% of the stock. The token sale will be monitored by the experienced DxSale platform www.dxsale.app , a startup specialized for tokenization and token sale as a service. A well-curated token sale with fair distribution serves to build trust and create credibility for the project.
White paper
DXP pay already published their whitepaper on their site. The whitepaper contains all the information about the DXP project. The business model, challenges, services, all important project bases are properly described.
Roadmap
Stage 1 -Q3 2021
Safe & Fair launch of DXB Token
Initial mark & LP burn
White Paper and Site Launch
Coingecko & CMC listings
growth
Community
Social Media marketing campaign
Use Case Development
Stage 2 - Q4 2021
Marketing and social campaigns (Large scale)
Dex/cex Daftar list
Community governance
Start a charity distribution (Description follows)
Explore other DXB/pair trades
Launched the DXB Trading platform
Use Case Development
Stage 3 - Q1 2022
Ecosystem development (Use Case Soft Implementation)
Launch of new merchandise for DXB tokens
Implementation of community ideas
Contract Audit
NFT Farming
Browsing the DXB DeFi App
Stage 4 - Q2 2022
Expand Use Case Implementation
Launch strategic partnership
Launch DXB DeFi App / Crypto Payment solution Explore local investment and trading platforms worldwide
Explore other use cases to bridge the gap between the crypto world and the real world.
Detailed Information:
Website link: https://dxbpay.cc/
Whitepapaer link: https://dxbpay.cc/global/whitepaper/
Facebook link: https://www.facebook.com/DXBPay-104010111894944/
Twitter link: https://twitter.com/DxbPay?s=09
Instagram link: https://instagram.com/dxbpayofficial?utm_medium=copy_link
Youtube link : https://youtube.com/channel/UCvRIYjlHDFm-SPpkpfDRxmQ
Author : Amild
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2583828
My BEP20 Wallet Address : 0xbf00577895715883E63C6694D33dA51b1cDEBDa8