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About DexToro
Key Points
- DexToro is a decentralized derivatives exchange offering 50x leverage for a limitless range of assets powered by the Ethereum blockchain.
- It combines the security and transparency of a decentralized exchange with the speed and usability of a centralized exchange.
- The proprietary “Smart Wallet” utilizes account abstraction and smart contract wallet technology.
- The unique trading engine, Peer-To-Contract, provides zero slippage, zero price impact trades, and razor-thin fees.
- The DexToro token (DTORO) is used for staking, trading rewards, and governance.
Numbers and Figures
- 50x leverage</
About DexToro
At the forefront of the digital asset revolution, DexToro is a pioneering force in the cryptocurrency landscape.
Introducing DexToro (DTORO): A Revolutionary Cryptocurrency
DexToro operates on rigorously audited smart contracts deployed on the Ethereum network, effectively mitigating the need for trust in a central exchange during trading activities. By doing so, we successfully merge the robust security and transparency inherent to decentralized exchanges with the swift execution and user-friendly interface characteristic of centralized exchanges.
DexToro is a decentralized derivatives exchange, empowered by the Ethereum blockchain, offering a limitless range of assets with up to 50x leverage. This innovative platform provides exposure to a diverse spectrum of real-world and on-chain synthetic assets, encompassing cryptocurrencies, forex, stocks, and commodities. Enjoy seamless trading of perpetual futures, characterized by low fees, profound liquidity, and zero slippage.
Unveiling the Unparalleled Excellence of DexToro
Our flagship innovation, the DexToro “Smart Wallet,” is a proprietary product that harnesses the power of account abstraction and smart contract wallet technology. Developed in-house by DexToro, this cutting-edge solution operates on a unique, proprietary trading engine known as Peer-To-Contract. By leveraging this distinctive engine, DexToro offers a range of advantages over traditional centralized exchanges, order book-based DEXs, and conventional AMM-based DEXs. The absence of an order book enables all trades to be executed directly against the contract, a paradigm known as P2C (peer-to-contract) trading. This innovative approach empowers DexToro to provide a suite of benefits, including zero slippage, zero price impact trades, ultra-low fees, protection against front-running and MEV bots, and lightning-fast trade executions. Furthermore, our peer-to-contract trading engine, combined with the utilization of synthetic assets, enables support for a diverse range of trading assets beyond Crypto, including Forex and Stocks. These assets are assigned an exchange rate through price feeds supplied by decentralized oracles, such as Chainlink and Pyth, among others.
DexToro Tokenomics: A Comprehensive Breakdown
The DexToro token (DTORO) serves as our utility token, designed to fuel long-term protocol growth and sustainability. This multifaceted token boasts three primary functions: (a) staking, (b) trading rewards, and (c) governance, thereby fostering a robust ecosystem.
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By participating in the staking process, token holders will be entitled to a share of the protocol’s revenue, as well as augmented trading rewards, which are marginally higher than those received by non-staking traders. This incentivizes token holders to stake their tokens and encourages traders to either purchase tokens or reinvest their trading rewards into staking, thereby capitalizing on the enhanced trading rewards afforded to active stakers. The allocation of these trading rewards is directly correlated with the total fees paid by the trader.
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Traders who stake DTORO tokens are eligible to receive additional DTORO tokens via the trading rewards formula, which is predicated on the total fees paid. The frequency and volume of trading activities directly impact the number of DTORO tokens earned.
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Token holders are empowered to participate in the governance of the protocol by casting votes on forthcoming protocol upgrades and token listings.
Token holders who participate in staking will be entitled to a proportion of the protocol’s revenue, supplemented by augmented trading rewards, which are modestly elevated compared to those earned by non-staking traders. This mechanism incentivizes token holders to engage in staking, while also encouraging traders to acquire tokens or reinvest their trading rewards into staking, thereby capitalizing on the enhanced trading rewards afforded to active stakers. The allocation of these trading rewards is directly tied to the total fees incurred by the trader.
Exclusively, traders who stake DTORO are eligible to receive DTORO tokens, with allocations determined by the trading rewards formula, which is directly tied to the total fees paid. Notably, the more you engage in trading activities, the greater the number of DTORO tokens you will earn.
Holders of tokens are empowered to cast their votes on forthcoming protocol enhancements and token listings, thereby exercising their influence on the platform’s development trajectory.
A Comprehensive Overview of Token Economics Fundamentals
The DexToro token officially launched on October 10th, 2023, with the following key characteristics: * Ticker symbol: DTORO * Initial supply: 25,000,000 tokens * Inflation model: Weekly emissions will commence at 1,153,846.22 DTORO in the first week, gradually decreasing to approximately 15,955.4269 DTORO (equivalent to a 1% annual percentage yield) by the end of the four-year period. This trajectory will culminate in a total supply of 80,527,792 tokens at the end of the four-year mark.
Asset Allocation Breakdown: A Comprehensive Overview
- Fifty percent – Treasury allocation
- Five percent – Dedicated to fostering Liquidity
- Ten percent – Strategically allocated to Investors
- Twenty-five percent – Growth Fund, driving future development
- Ten percent – Team and Advisors, guiding the project’s trajectory