๐Utility & Tokenomics
RPX as an asset runs on a coordinated proof of stake algo, creating paths for coin holders to receive dividends for staking their coins within our platform. The asset was deployed to meet up with the BEP20 - Binance smart chain framework. Investors will be able to participate in our presale event which will take ัlะฐัะต during two separate coordinated sales events respectively.
Token Allocation
Trading Fee
For each trade, a 0.2% fee is paid. 0.17% goes to liquidity providers and 0.03% goes to the Rupaydex treasury.
Unique Trading Incentive System
For a newly established AMM exchange, the most important question is how we can get enough trading volume in a short period of time. More volume means more trading fees, and liquidity providers can get more revenue.
Here is our solution, our unique trading incentive system:
Traders can get extra token rewards in every trading in specialized trading pairs.
For most trading pairs, traders will receive the RDTC (Rupaydex Trader Credit).
Other projects can also provide their tokens as trading rewards for their token's trading pairs. (This means that traders may receive up to 2 tokens as trading rewards for some trading pairs.)
In this way, we provide other projects with the ability to incentivize trading, and they will be more willing to encourage their users to trade on Rupaydex
For example
Mr. A swap 1 BNB to BUSD, he will receive a certain number of RDTC.
Mr. A swaps 1BNB to TokenX, and if the project owner provides us some TokenX as trading rewards. Mr. A will receive both RDTC and TokenX as the trading rewards.
In this way, we will attract more traders and more projects trading on Rupaydex.
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