Tracking Success with Dexfolio [UPDATED]
The Dexfolio IDO to be rescheduled for 21st July for Tier-1 Contribution and listing subsequently on the 22nd July. This has been made in efforts to ensure the contract’s anti bot is further tested, as well as ramping up further marketing efforts.
With the exponential rise of Cryptocurrencies, we have seen a similar increase in Cryptocurrency exchanges on the market. With new solutions being discovered everyday, gone are the times where Centralized Exchanges (CEX) were the sole option for cryptocurrency exchanges. DeFi has captivated the worldwide market and Decentralized Exchanges(DEX) are the promise of the future for traders around the world.
As many Crypto-veterans will know, DEX currently provide solutions to the biggest downsides of CEX and give traders a true sense of asset ownership, where traders need not trust a centralized authority but an automated and unbiased protocol. DEX offer users full control of their assets, unprecedented levels of security, and negate the need for KYC procedures. Having said that, trading on DEXs isn’t exactly the easiest for traders nor for beginners navigating the DeFi space. As DEXs are still making leaps in boundaries and development, it is common where a DEX still lacks basic trading features. one of which is tracking.
Enter Dexfolio
At it’s core, Dexfolio aims to be the best mobile-oriented portfolio tracking app built from scratch to track Decentralized Exchanges(DEX). That means immediate access and synchronization with major Blockchains like Ethereum and Binance Smart Chain at the tip of your fingers since Dexfolio pulls prices directly from Uniswap and PancakeSwap.
The current version of the DApp also boasts intelligent alerts by notifying its users when their tracked token hits specific % change without having to set USD targets and the ability to set Portfolio-wide alerts.
With a dedicated and proactive team behind the project, Dexfolio has been hard at work to perfect the key functionalities of the application. A quick glance at the Project’s Medium posts will show the team’s passion in perfection and getting things right. In addition to that, Dexfolio shall eventually aim to further expand the services available in the mobile app such as integrated coin search, watchlist, multi-DEX aggregator, liquidity tracking, tax calculations, advanced trade stats, and so much more.
Tokenomics[UPDATED]
On Dexfolio, DEXF is used:
- To gain access to Pro-features on the app
- To participate in staking rewards
- As governance for the DAO
The token is deflationary in nature, as all fees utilized as fees for Pro-features will be burned. Fee structures to be released in due course* (15 USD/month, paid in DEXF)
Total Supply: 200,000,000 DEXF
- Liquidity: 6.5%
- Team: 10%, To be released linearly over 104 days
- Treasury: 36%, To be released linearly over 10 years
- Staking Rewards: 34%
- Marketing and Operations pre IDO: 0.4%, 20% to be released during Token Generation, 20% to be released each subsequent week.
- Private Sale Round 1: 1%, 20% to be released during Token Generation, 20% to be released each subsequent week.
- Private Sale Round 2: 1.1%, 20% to be released during Token Generation, 20% to be released each subsequent week.
- Pre-IDO Sale: 1%, 20% to be released during Token Generation, 20% to be released each subsequent week.
- Oxbull IDO: 10%, 20% to be released during Token Generation, 20% to be released each subsequent week.
IDO price: 1 DEXF= USD0.012
Listing price: 1 DEXF= USD 0.014
Listing on the 22nd July 2021, Approximately 1730UTC
To find out more about how to participate in the IDO on the day itself, read here. Using a Smart Staking approach to Oxbull.Tech’s IDO model, The Public Sale would be categorized into 3 groups:
Tier-1: Guaranteed High Allocation [UPDATED]
For a High allocation and a Guaranteed participation of the DEXF token, investors would be required to:
- Enrolled Smart Stake for 8,000 OXB tokens
OR
- Enrolled Smart Stake for 0.15 LP (Currently about 4,700 OXB/BUSD LP)
before 16th July, 0000 UTC (5 days before the listing) and MAINTAINED until token generation event. Auto enrollment will be carried out this round.
Qualified Investors will have a pre-allocated time of 9 Hours from 1630 UTC 21st July — 0130 UTC 22nd July to contribute to the Public sale pool.
Min contribution : TBA, Max contribution: TBA
Each qualified address will only be eligible for ONE transaction.
Tier-2: Guaranteed Medium Allocation
For a Medium allocation and Guaranteed participation of the DEXF tokens, Investors who are keen to participate would be required to be:
- Enrolled Smart Stake in between 1,000 OXB — 4,000 OXB before 16th July 0000 UTC (5 days before the listing) and maintained until token generation event.
- For Investors who were late and missed the staking deadline, the Time lock farm shall be available up until 22nd July 2021 0000UTC, where Investors will still be allowed to participate in the IDO, subject to the staked OXB funds being locked for 7 days. Investors in the Time Lock farm will not earn APR nor reflection rewards.
Qualified Investors will have a pre-allocated time of 60 minutes to contribute to the Public-sale pool on the 22nd July 2021 between 1300–1400 UTC.
Min contribution : TBA, Max contribution: TBA
Each qualified address will only be eligible for ONE transaction.
Tier-3: Whitelisting program
Whitelisting link: https://docs.google.com/forms/d/e/1FAIpQLScWLdV70-jp1wtVw2xT2gK689AsTqH624Ir3Ca0gcZQ7N5CWg/viewform
For a Small allocation of the DEXF tokens, interested Investors will need to hold(Not Smart Stake) at least 50 OXB in their wallet and complete the Whitelisting form and requirements to stand a chance to qualify for the IDO. Whitelisting qualification generally increases with more OXB held and the more active investors are on TG and Twitter.
The Public-sale pool shall be opened to the qualified public after the allocated time for Tier 1 and Tier 2 investors end. Contributions are on a first come first serve(FCFS) basis on the 22nd July between 1400–1430 UTC.
Max contribution:
Each qualified address will only be eligible for ONE transaction.
IMPORTANT NOTES: Qualification of Tier-1 and 2 will require ENROLLING SMART STAKING. In the event where an Investor who has not enrolled in Smart Staking but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.
Smart Staked holdings are required to be maintained adequately until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed.
Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.
Website: https://www.dexfolio.org/
Twitter: https://twitter.com/dexfolioapp
Telegram: https://t.me/dexfolio
Medium: https://dexfolio.medium.com/
Disclaimer:
Our content is intended to be used as information and education purposes only. It is very essential to do your own research and analysis before doing any investment decision or otherwise. Do Your Own Research.
Information is accurate at time of writing and can be subject to change.
Oxbull.Tech shall not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damages and/or expenses and/or any losses you may suffer arising out of such information or any reliance you may place upon such information.
Any further arrangements between you and any third parties contacted via the Website/Affiliated links are at your sole risk.
