//DAEX, RELIABILITY THROUGH BLOCKCHAIN

DAEX, RELIABILITY THROUGH BLOCKCHAIN

DAEX ecosystem is composed of a clearing service that is based on distributed ledger technology, centralized exchanges and user wallets. Traders use their wallets to perform trades on exchanges. After trades are matched at exchanges, exchanges send matched trades to the clearing service. The clearing service CaaS is performed by smart contracts on the distributed ledger technology. During the initial phase of DAEX, cryptocurrencies will be serviced. During future phases of DAEX, cryptocurrency derivatives will be serviced. That is, DAEX will provide clearing service for cryptocurrency derivatives traded on exchanges.DAEX TOKENOne of the distinguishing features of DAEX ecosystem is the DAX token which helps to integrate the different parts of the system. The DAEX foundation releases DAX for the generation of fund which is used to sustain and revolutionize the DAEX platform. At the initial stage, the cryptocurrencies accepted on the platform include ETH, NEO, BTC and QTUM. The platform will soon start to issue the corresponding ERC20 coins. These cryptocurrencies will be managed by the foundation and supervised by the numerous exchanges involved. A comprehensive token repurchase program will be introduced to the platform to avoid inflation and blockage of some assets. These programs ensure that a reasonable amount of tokens is available on the market for a sustainable process. Note that the usage of funds will be strictly monitored and managed in adherence to laid-down policies. https://daex.io/

DAEX ecosystem is composed of a clearing service that is based on distributed ledger technology, centralized exchanges and user wallets. Traders use their wallets to perform trades on exchanges. After trades are matched at exchanges, exchanges send matched trades to the clearing service. The clearing service CaaS is performed by smart contracts on the distributed ledger technology. During the initial phase of DAEX, cryptocurrencies will be serviced. During future phases of DAEX, cryptocurrency derivatives will be serviced. That is, DAEX will provide clearing service for cryptocurrency derivatives traded on exchanges.

DAEX TOKEN

One of the distinguishing features of DAEX ecosystem is the DAX token which helps to integrate the different parts of the system. The DAEX foundation releases DAX for the generation of fund which is used to sustain and revolutionize the DAEX platform. At the initial stage, the cryptocurrencies accepted on the platform include ETH, NEO, BTC and QTUM. The platform will soon start to issue the corresponding ERC20 coins. These cryptocurrencies will be managed by the foundation and supervised by the numerous exchanges involved. A comprehensive token repurchase program will be introduced to the platform to avoid inflation and blockage of some assets. These programs ensure that a reasonable amount of tokens is available on the market for a sustainable process. Note that the usage of funds will be strictly monitored and managed in adherence to laid-down policies. https://daex.io/