Deposit: December 24, 2020, 14:00 KST
Trading: December 25, 2020, 15:00 KST
※ProBit Exchange reserves the final right to make amendments to the dates in this announcement.
About DYMMAX Protocol
⯈ Introduction (https://dymmax.com/ )
DYMMAX - a decentralized protocol for issuing DeFi options without full collateral.
DMX is the governance token of the DYMMAX platform. The value of the token consists of (but is not limited to) the following components:
- It will be used as the voting power at the DMX Democracy platform, which will allow voting for new options series, new blockchains to add, and all other important questions in the DYMMAX ecosystem.
- Token holders will enjoy cashback from trading commissions. For each trade, a Dymmax user pays a 0.2% commission, however, this commission can be reduced up to zero using a DMX token.
- Payment for services of the DYMMAX ecosystem and partners. All services of the DYMMAX ecosystem can be paid with DMX tokens. We will strive to ensure that our partners also accept DMX tokens if possible.
- Token burning: every quarter, depending on the commissions received from trading, we will burn DMX tokens. Ultimately 15% of the DMX emissions will be burned, increasing the power of a single token.
- Staking: DYMMAX will build own ecosystem for their platform. You will be able to profit and earn rewards just by holding DMX tokens, learn more at medium post.
Telegram Channel: https://t.me/dymmax
ABOUT PROBIT EXCHANGE
ProBit Exchange is a Top 20 crypto exchange globally. We have completed over 200 rounds of IEO and have been consistently ranked Top 4 in Korea. ProBit Exchange provides unlimited trading access highlighted by nearly 1,000 trading pairs.
A special ProBit Cup Event featuring 10,000 USDT for the top 20 point totals is currently running during the month of December in which users can accumulate points by purchasing and staking ProBit’s native token PROB.
PROBIT EXCHANGE’S GLOBAL BRAND TRUSTED BY MILLIONS OF USERS
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Join our active programs and get huge benefits!
- Trading Fee Discount: Buy PROB, pay trading fees with PROB & get as low as 0.03% trading fee
- Stake Mining: Stake PROB and earn PROB at a rate of 4% per annum
- Referral Program: Earn 10-30% of trading fees for referring friends to ProBit
- ProBit Exclusive: Subscribe to 50% off Top 200 tokens
- Auto Hold Campaigns: Hold tokens and get 6% annualized returns
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