Ideology Of Tokenomics And Dexenetwork Tokenomics
Have you heard the word “TOKENOMICS” without having much idea but come to think of it I have an idea of what a token is, the term token in Cryptocurrency refers to a special virtual currency token, these tokens represent fungible, tradable asset or utilities that reside on their own blockchain. Tokens are mostly wont to fundraise crowd sales, but they will also server as substitute for others things tokens are created, distributed and sold through intial coin offering, tokens are often used for investment purpose to store value or make purchases. I even have an idea of what economics is all about economics has to do with the study of scarcity and its implications for the use of resources, production and welfare overtime great sort of there concern to the society. i still believe that if I could have a thought on the term token and economics then I know about TOKENOMICS.
TOKENOMICS springs from the word token and economics is a term that explains the structure and cycle of how a token is acquired and traded also. It deals with the management of all operations that happens within the Crypto Market including private and public sales, airdrop, circulating supply etc it provides a framework of all processes that takes place in other to secure long-term equilibrium of the ecosystem tokens are issued for varied reasons they may be used for governance which allows holders (people that don’t selling even when the market is volatile) to take part in the management of the chain to boost a person’s wealth. Tokens could also be used for pure speculation this means assumption of unusual crypto Market risk in hopes for commensurate gain. Cryptocurrency has made many rich via speculation
TOKENOMICS OF DEXE TOKEN
DeXe token is out there in etherum and Binance smart chain. DeXe token allows holders to become members of DeXe Decentralized autonomous organization. By holding DeXe tokens one can participate in governance for the DexeNetwork and exercise franchise on certain platform parameter, DeXe token helps to make sure the security of users funds on the platform.
BENEFITS OF DEXE TOKEN TO HOLDERS
The DeXe platform is fully supported DAO this means all Paramount decisions will be made by DeXe token holders.
Voting on insuring funds on the platform. Ability to urge the total sum of your starting deposit compensated in case of loss in trades.
Voting on system for insuring users funds by putting tokens on Decentralized exchange.
Voting on burning tokens and gathering awards the for farming.
Voting on the time-frame and adjustment of the percentage of tokens burned: This means that the removal of tokens from circulation will depend on the holders.
Voting on the number of rewards received for farming: This means that the amount of rewards received by depositing your tokens into a pool will depend on holders.
For more information about Dexenetwork check out the links below 👇👇
LinkedIn: https://www.linkedin.com/company/dexe-network”
Official telegram EN chat: https://t.me/dexe_network_official_chat
Official telegram channel: https://t.me/Dexe_network”
Website: https://dexe.network”
Reference: https://wiki.dexe.network/#/README
#dexenetwork #investment