Dex Money Market
The Dex Money Market is an algorithmic protocol with yield generating auto compounded strategies and ETF rewards. Our unique protocol offers a single regulatory pool which controls the price of $USDEX and thus removes the need for bonding in this sense. The money market consists of two corresponding tokens – USDEX & DEX SHARES.
1 USDEX
= 1 USDC
Vol.: Coming Soon
Holders: Coming Soon
Liq.: Coming Soon
MC: Coming Soon
* Actual #’s will be updated soon
N/A
Coming Soon
Vol.: Coming Soon
Holders: Coming Soon
Liq.: Coming Soon
MC: Coming Soon
* Actual #’s will be updated soon
KEY FEATURES
KEY FEATURES
Auto Compounded Strategies
We’ve added multistep auto compounded strategies which enable investors to simply stake a strategy and receive a single receipt token rather than manually having to navigate in and out of multiple farming/staking pools.
ETF Rewards
We’ve built in a portion of the emissions to be distributed in a 3rd currency (dexETF) thereby relieving some of the sell pressure caused by the high APR. A portion of the ETF fund will include dexIRA along with Money Market tokens.
Bonding Mechanisms
A bonding mechanism is used to allow investors to purchase Money Market tokens at a discount by buying with a preselected list of currencies including dexIRA & dexETF (thereby creating consistent buy pressure for tokens within the DEX ecosystem). Purchased bonds will be vested out over a multi day period.
