The new decentralized trading and exchange platform of the next generation – Press release Bitcoin News

Press release

PRESS RELEASE. The Position Exchange team is proud to announce the launch of its new platform for decentralized trading and the Exchange community.

What is position swap?

Position Exchange is the new decentralized trading and exchange platform powered by a Virtual Automated Market Maker (vAMM) and working on the Binance Smart Chain (BSC), aiming to bridge the gap between people and the cryptocurrency markets and increase the trading experiences improve.

The platform is designed to bring all the benefits of decentralized finance while bringing the traditional central finance experience and tools on board.

Position Exchange offers easy and accessible on-chain derivatives trading with high leverage, low slippage and low cost for crypto assets and much more.

“Our vision is to build the most decentralized and community-driven platform in the DeFi industry, on which each individual user plays an important part of the decision-making process by having an effective role in defining and shaping the position exchange and its future development plays. “

The main functions

The core functions of the position exchange consist of on-chain derivatives trading in crypto assets (with the plan to expand to other assets in the future), NFTs, staking, farming as well as a build function that can be set up easily and quickly -Top – API creation.

Trading in derivatives on defi with a focus on futures contracts

Inserting POSI tokens in pools and generating rewards

Agriculture that enables liquidity providers to earn rewards by making transactions easier

Introducing POSI NFTs as a new feature with a process that encourages the community to hold tokens and maintain their stability

DAO and API buildings enable strong community participation in the future development of Position Exchange

A token for the community: POSI

POSI is Position Exchange’s native BEP20 token that strengthens its ecosystem.

The POSI token is a hyperdeflationary token. The Position Exchange team will implement several mechanisms to keep the price of POSI stable and guarantee its long-term sustainability, such as:

“Position Exchange implements a Buyback & Burn mechanism that uses the total amount of fees generated by the trading platform to buy back and burn the POSI token. This strategy, together with our community, will enable us to control the number of POSIs in circulation and to maintain their value stability in the long term. “

This is truly a community project and its success depends on each member of the community. We are implementing the RFI technology which enables holders to share a 1% fee on all transactions by just keeping the tokens in their wallets. So HODLing is what you have to do.

Token Distribution:

The total supply of POSI tokens is set at 100,000,000 tokens

1% is used for the airdrop

5% for whitelist sales

4% for the liquidity that comes with 1 USD per POSI. will be added

80% For the Community: The vast majority of POSI tokens are dedicated to the community through staking and farming rewards. This is one of the highest proportions of community in the similar existing protocols!

10% team and consultants: The tokens are NOT available to the team immediately, but are minted over time. The Position Exchange team maintains a position of 10% of each newly minted token to ensure a community-borne and fair start.

Further information on the Position Exchange protocol and the POSI token can be found in the White paper.

Stay up to date with news and content via the Telegram announcement channel.

Website: position.exchange

WhitePaper: https://ift.tt/2UaOIzj

Reddit: https://ift.tt/3Bdwkq4

Medium: https://ift.tt/3rmE44r

Twitter: https://twitter.com/PositionEx

Telegram: https://ift.tt/2Uiq53y

TG channel: https://ift.tt/2VRtSp1

Github: https://ift.tt/3B9P35R

“From the community – For the community – Don’t trust us, read the code!”

This is a press release. Readers should do their own due diligence before taking any action in relation to the advertised company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in the press release.

Photo credits: Shutterstock, Pixabay, Wiki Commons




source https://bidsfor.me/the-new-decentralized-trading-and-exchange-platform-of-the-next-generation-press-release-bitcoin-news/

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