DAEX - CLEARING ECOSYSTEM

Combining the advantages of crypto-exchange exchanges is already near!

For a long time, crypto currency has been the subject of controversy by many financial analysts. One thing is for sure: it exists, and its popularity grows daily. If you are interested in this article, then I have something to tell you. Today it will be a very promising development of DAEX, which offers innovative solutions in the field of crypto-exchange exchanges.

What will we talk about?

To date, all digital currency exchanges can be classified as follows:

1. Decentralized platforms, characterized by a weak level of liquidity and slow work. The main advantage is the completion of all transactions directly between the platform participants. People are able to fully control the financial side of the transaction.

2. Exchange with a centralized type of currency exchange offers users a high rate of work with excellent liquidity indicators, which is a positive side of the algorithm. However, the entire exchange process is controlled by the exchange and any malfunctions in its work affect the possible loss of funds.

The team working on the DAEX project will help to unite all the advantages of the modern market. It is designed to provide full access to operations for users, and will be able to maintain a consistently high speed of operation. Development is proceeding at a rapid pace and, according to promising forecasts, at the end of this year we will be able to evaluate the work of the launched beta version. The currency under the name DAX is rapidly gaining momentum at the auction and with a capitalization of $ 28 million reached 171 place in the Coinmarketcap rating list.

Features of work

DAEX Foundation promises to create a hybrid version of the exchange with the established clearing solutions. I remind you that clearing is a counter trade, which allows you to make mutual non-cash payments for goods and services. The algorithm of the site will be approximately the following:

1. First, the user creates an application for the operation of buying or selling a crypto currency through his DAEX wallet.

2. On the exchange there is an automatic sorting of other applications in search of a suitable one for the request.

3. Two transactions are sent to the clearing network, where a smart contact exchanges. The smart contact itself performs the functions of decentralization, ensuring a stable connection and providing updated information about customer accounts.

Thanks to the support of the atomic swap function, users can perform operations on crypto currency between the blockers.

Why should technology pay attention?

Despite the fact that even in case of successful beta testing, a full-fledged launch will occur only in the second half of 2019. However, this does not underestimate the excitement associated with the development of DAEX. You should know that the main founder is Benjamin Gu, who has several higher educations in leading educational institutions. His team employs the best specialists in block development and leading programmers of the world.

More about sales

Public sale of electronic currency tokens was held from 9 to 14 September 2018, which is by no means general. For comparison, the sale of the currency of some projects lasts for months. Before starting sales, the DAEX Foundation provided the following information for users:

• the value of the token before the start of sales answered the rate of 1 DAX = 0.07 $;

• total issue - 2 000 000 000 coins DAX;

• DAEX Foundation intend to sell 600,000,000 tokens in six days.

The high ceiling and low ceiling will be 117 180 ETH and 35 154 ETH, respectively. A fifth of the coins from the issue will go for the team and its partners, who helped in the development of the project. Another fifth will be distributed among partner exchanges. The main point in this information, which requires special attention, is the percentage of remuneration for the holders of the crypto currency - 60%. To encourage the participants of the clearing system, DAX tokens of ERC 20 standard will be used. Clearing itself is organized in the form of exchange nodes, which will be built in a chain.The circuit itself protects operations from the actions of intruders. Every user can become such a node. To do this, you need to pass verification and have a sufficient number of cryptonyms on your wallet account.

We come to conclusions

DAEX has invested a lot of time and money to develop a revolutionary product that can change the market relations in the world of crypto-currencies. Already, the DAX token has good liquidity indicators and is included in the list of 200 best currencies in terms of capitalization. Support for large exchanges and the participation of experienced developers guarantees a large audience that is interested in acquiring tokens.

https://twitter.com/DaexBlockchain
https://www.daex.io/
https://bitcointalk.org/index.php?topic=2910479.0
https://bitcointalk.org/index.php?topic=4958619.0
https://t.me/DAEXOfficial_en
https://www.daex.io/daexPaper.do

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