THELOGICALINDIAN - PRESS RELEASE Position Exchanges Team is admiring to advertise the barrage of its new Decentralized Trading Exchange Community apprenticed belvedere
What is Position Exchange?
Position Exchange is the new Decentralized Trading & Exchange platform, powered by a basic Automated Market Maker (vAMM) and operating on Binance Smart Chain (BSC), aiming to arch the gap amid bodies and the cryptocurrency markets and enhance trading experiences.
The belvedere is advised to bear all the advantages of Decentralized Finance whilst bringing the acceptable Centralized Finance acquaintance and accoutrement onboard.
Position Exchange offers attainable and attainable on-chain Derivatives trading with aerial leverage, low slippage and low costs on Crypto assets and abundant added to come.
“Our Vision is to body the best decentralized and association apprenticed belvedere in the DeFi industry, area every distinct user plays an important allotment of the decisional action by accepting an able role in defining and abstraction Position Exchange and its approaching development.”
The Main Features
The amount appearance of Position barter consists of on-chain Derivatives trading on Crypto assets as a alpha (with a plan to aggrandize into added assets in the future), NFTs, Staking, Farming as able-bodied as a Build affection alms accessible and fast congenital on-top API creation.
Trading derivatives on Defi with a focus on Futures contracts
Staking POSI tokens into Pools and breeding rewards
Farming that allows Liquidity Providers to acquire rewards by facilitating transactions
Introducing POSI NFTs as a new affection with a action auspicious the association to authority tokens and advance its stability
DAO and API architecture acceptance a able accord of the association on the approaching development of Position Exchange
A Token for the community: POSI
POSI is Position Exchange’s built-in BEP20 badge allotment its ecosystem.
The POSI badge is a hyper-deflationary token. Position Exchange’s aggregation will apparatus several mechanisms to advance the amount of POSI abiding and agreement its abiding sustainability such as Badge acknowledgment & burn, Anti-whale, Emission amount control, and a Harvest lock-up aeon (when staking is open)
“Position Exchange is implementing a Buyback & Burn apparatus application the absolute bulk of fees generated from the Trading belvedere to Buy Back & Burn the POSI Token. This action will acquiesce us forth with our association to ascendancy the cardinal of POSI in apportionment and advance the adherence of its amount in the continued term.”
This is absolutely a community-driven activity and its success depends on anniversary affiliate of the community. We are implementing RFI technology, which allows holders to allotment a 1% fee on all affairs aloof by captivation the tokens in their wallets. So that actuality said, HODLing is what you charge to do.
Token distribution:
The Total accumulation of POSI tokens will be set at 100,000,000 tokens
1% will be committed for the Airdrop
5% for the whitelist sale
4% for the clamminess which will be added at $1 per POSI
80% For the Community: The all-inclusive majority of the POSI tokens will be committed to the association through staking and agriculture rewards. This is one of the accomplished shares addressed to the association in the agnate absolute protocols!
10% Aggregation and Advisors: The tokens will NOT be accessible to the aggregation anon but will rather be minted over time. Position Exchange’s aggregation will absorb a position of 10% of any new minted badge ensuring a association apprenticed and fair launch.
You can acquisition added advice about the Position Exchange agreement and the POSI badge in the Whitepaper.
Stay abreast with account and agreeable via the Telegram Announcement channel.
Website: position.exchange
WhitePaper: https://position.exchange/whitepaper.pdf
Reddit: https://www.reddit.com/r/PositionExchange
Medium: https://positionex.medium.com
Twitter: https://twitter.com/PositionEx
Telegram: https://t.me/PositionExchange
TG Channel: https://t.me/PositionAnn
Github: https://github.com/PositionExchange
“By the Community — For the Community — Don’t assurance us, Read the code!”
This is a columnist release. Readers should do their own due activity afore demography any accomplishments accompanying to the answer aggregation or any of its affiliates or services. Bitcoin.com is not responsible, anon or indirectly, for any accident or accident acquired or declared to be acquired by or in affiliation with the use of or assurance on any content, appurtenances or casework mentioned in the columnist release.
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