NEW YORK, NY / ACCESSWIRE / January 27, 2022 / Dex Finance is all about empowering investors to earn the highest possible returns on their cryptocurrency with the lowest possible risk. They do this through a unique protocol they have created that simplifies the complex trading methods used by experienced crypto traders, thus offering safe and sustainable yields.
The Dex Finance model uses only one regulation skating pool where the price of the peg token is not controlled by investors, but by smart contracts. This is in contrast to other protocols that issue TBONDS in response to prices falling below peg. While there are incentives for TBOND holders when prices rise above peg, if the prices don't recover, they're unable to reclaim their deposits. The Dex Finance protocol instead trades the supply of USDEX, using the price of USDC to vary its prices.
Whereas some DeFi companies restrict investors' possible gains with the lack of dual asset liquidity farming and others feature an environment that offers more potential earnings but is difficult to maneuver, Dex Finance has a simpler alternative. They use a single token that carries the same value as if users were navigating in and out of several farming pools. This is a more efficient way for investors to increase their earnings without having to focus on various strategies.
Dex Finance will soon launch its Money Market suite inclusive of USDEX, dexSHARE, and dexETF. All three will be part of a single algorithmic protocol that will work in tandem with each other. A presale offering for all three will be held on the newly released dexPAD. Only holders of dexIRA will have the option to participate in the IDO. dexIRA currently has 7,578 holders, a 24-hour volume of $50,241, liquidity of $2,148,757, and MC of $735,165 as of writing this press release.
dexIRA is an Individual Retirement Account designed specifically for Decentralized Exchanges. It features fully automated BNB redistribution, multi-currency dividend rewards, advanced buyback protocols, and tokenomics that promote long-term holding and wealth generation.
It has received a certificate of compliance from SolidProof for passing the KYC verification process dated November 16, 2021. The dexIRA team has also completed a private audit of their personal information and is officially being held to account for their actions by a trustworthy third-party service.
The Dex Finance team is made up of software engineers, marketing professionals, trading experts, and legal personnel. Together they have more than 40 years of experience in technology-based businesses.
Smart people learn from the mistakes of others. As the cryptocurrency trading industry has developed, there have undoubtedly been missteps by different companies. Decentralized autonomous organization Dex Finance plans to use such missteps as a blueprint of what not to do as it aims to further advance decentralized finance.
Detailed information on all of Dex Finance's products and services is available on theirwebsite. Like Dex Finance onFacebook, and follow them onTelegram,Discord,Twitter,Reddit,Instagram,YouTube,GitHub, andLinkedIn. The team can also be reached by email.
SOURCE: Dex Finance