DAEX Ecosystem | MOST RELIABLE CLEARING ECOSYSTEM

DAEX is a project to provide a better infrastructure for the cryptocurrency trading. It is expected to separate the trading and clearing into different entities. Distributed ledger technology is used for the clearing service as well as trading by DAEX. It has been removed the trader’s asset risks.

DAEX Ecosystem

The values of DAEX can be identified as,

Secure – It has a joint custodian organization that facilitates to all registered assets within this platform. Further, it provides multi-level encryption mechanism for the project’s wallets.

Transparent – It provides transparent accounting information while allowing everyone to enjoy the benefits of the ecosystem.

Open – It enhance the future derivative businesses.

The ecosystem is comprised with following items,

DAEX wallet – It helps for various assets of enterprise as well as individual level customers. The characteristics of DAEX wallet can be identified as Multiple-part private key, restorable private key and complete autonomy.

DAEX clearing chain – It supports for the cross chain clearing of digital assets. It is a main product of the ecosystem. Mainly there are three components in the Clearing Chain. They are Clearing Contract, Clearing Mechanism and Clearing Account.

DAEX fund – It facilitates for cross chain solutions, asset management projects and investments of cryptocurrency exchanges.

Mainly there are three participants in this ecosystem. They are the DAEX Foundation, wallet users and exchanges.

DAEX expects to expand the project in the aspects of clearing for margin trading and short, derivatives clearing and smart inclusive financing.

The token used in this project is represented by DAX. It is issues to raise the funds for the betterment of the project. Total DAX token supply is recorded as two Billions. In order to avoid the inflation, token repurchase program will be conducted. It helps to maintain an adequate number of token in the market. The initial distribution of the token has been made to exchange partners, team & advisors and other partners. The later mainnet distribution is made for clearing rewards (CVF-POS Mining) as Developers Encouragement. All the payments for the DAX token are accepted only from BTC、ETH、QTUM and NEO.

So raised fund will be used for the development of the project in following fields.

operation of the foundation

development of product and technology

community building

reward for the clearing ecosystem

team building

global strategy development

sales and marketing

asset custodian

other specialized expenses

When the DAEX solution comes into the arena, it is repurchased ERC20 tokens and will be destroyed them. The clearing chain will issue new native tokens in 1 to 1 ratio. The other DAEX tokens will be distributed as reward points. The nodes of the clearing chain will perform the main clearing booking.

The value of the smart asset is evaluated in following perspectives.

Clearing Value

Capital Value

Transaction Value

Active Value

Identity Value

DAEX has planned to achieve followings in its near future.

Beta releasing

starting testing

Releasing 0.1 version

Starting the production

Releasing 2.0 version

DAEX is driven toward the success by an excellent team that comprises with highly qualified and well experience nuts. They are experts in financial service Science and Technology, Software engineering, blockchain technology, project management, wallet architecture, business development, marketing, space design, public relationship, and legal matters and so on. They work for the betterment of the project whole maximizing the wealth of all stake holders.

DAEX Exchanges