DexToroAMM vs. Order Book vs. Peer-to-Contract (P2C): Contrasting Trading Models for
In the complex world of cryptocurrency trading, two primary trading models stand prominent - traditional Order Book Exchanges and the newer Automated Market Makers (AMMs). However, there is a third trading model, which is underappreciated and superior in all aspects, known as the Peer-to-Contract (P2C). These models, while sharing a common goal of facilitating trade, follow entirely different paths to achieve it. Understanding these differences is crucial for everyone, from those who have jus...
DexToroDexToro April Recap
The market may be experiencing a downturn, but that didn't stop DexToro from making huge strides and solidifying its position as a leading perp DEX during April. Record-breaking trading volume, exciting marketing initiatives, and successful token sales are just a few of the highlights from last month. Let's take a look at what made April such an eventful month for DexToro.Key April Milestones and UpdatesApril was DexToro's best trading month yet! The monthly trading volume peak...
DexToroFunding Rate Explained in Perpetual Futures
What is the funding rate?The funding rate represents the difference between the mark price of the perpetual futures market and the index price, which is equivalent to the spot market of the underlying asset. The funding rate ensures that the funding mechanism aligns the futures market price with the index price. When the funding rate is positive, users with long positions pay a funding fee to those with short positions. When the funding rate is negative, users with short positions pay a fee t...
DexToro is a decentralized blockchain protocol that provides a suite of products for permissionless on-chain derivatives trading.
DexToroAMM vs. Order Book vs. Peer-to-Contract (P2C): Contrasting Trading Models for
In the complex world of cryptocurrency trading, two primary trading models stand prominent - traditional Order Book Exchanges and the newer Automated Market Makers (AMMs). However, there is a third trading model, which is underappreciated and superior in all aspects, known as the Peer-to-Contract (P2C). These models, while sharing a common goal of facilitating trade, follow entirely different paths to achieve it. Understanding these differences is crucial for everyone, from those who have jus...
DexToroDexToro April Recap
The market may be experiencing a downturn, but that didn't stop DexToro from making huge strides and solidifying its position as a leading perp DEX during April. Record-breaking trading volume, exciting marketing initiatives, and successful token sales are just a few of the highlights from last month. Let's take a look at what made April such an eventful month for DexToro.Key April Milestones and UpdatesApril was DexToro's best trading month yet! The monthly trading volume peak...
DexToroFunding Rate Explained in Perpetual Futures
What is the funding rate?The funding rate represents the difference between the mark price of the perpetual futures market and the index price, which is equivalent to the spot market of the underlying asset. The funding rate ensures that the funding mechanism aligns the futures market price with the index price. When the funding rate is positive, users with long positions pay a funding fee to those with short positions. When the funding rate is negative, users with short positions pay a fee t...
DexToro is a decentralized blockchain protocol that provides a suite of products for permissionless on-chain derivatives trading.
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The native utility of the DexToro ecosystem is the DTORO token
DTORO staked rewards have a lock-up period of one year
Traders can earn additional DTORO if they trade on DexToro
As we continue our section explaining and clarifying the DexToro ecosystem, we've reached the stage where we must talk about DTORO.
DTORO is the utility token powering the DexToro platform. It's designed to enable the ecosystem's growth through a systematic approach to avoiding token inflation.
With the number of DTORO staked surpassing 21 million and Trading Rewards Script being nearly ready to deploy, we must talk about DTORO. Existing and upcoming members need to know the ins and outs of DTORO and its role in our ecosystem.
DTORO is an ERC20 token standard launched on Optimism to perform three functions on DexToro: staking, governance, and trading rewards.
0x1CeF2d62aF4cd26673C7416957CC4Ec619A696a7 is the official contract address of DTORO
DTORO was launched with an initial token supply of 25,000,000, and the number of tokens is set to increase through a predetermined inflation model. To strike a balance between new emissions and the current price of DTORO, we've created an inflation emission model that will lead the total max supply to 80,527,792.
It allocates funds through a percentage split of 20/20/60. 20% is allocated to the treasury, 20% is allocated to trading rewards, while 60% of the total weekly emission is allocated to stakers.
Inflation on DexToro has a weekly emission of 1,153,846.22 DTORO for the first week and is reduced to 1% APY or 15,955.4269 DTORO by the end of the 4th year.
As a utility token, DTORO must be integrated with the ecosystem. When talking about utility, we show how users can leverage tokens and participate in the growth and evolution of DTORO. As mentioned, DTORO can be staked, used for governance (coming soon), and to earn trading rewards. But how?
Users can receive inflationary rewards when staking DTORO and locking them for a period on the protocol. These rewards are offered as part of the 4-year inflation plan, and sometime in 2024, DexToro’s trading fees (real revenue) will also be included, and token holders will receive this revenue. Users can earn two types of staking rewards: inflationary rewards and trading rewards.
Inflation rewards are awarded to users on a continuous basis consisting of 60% of the weekly inflation that's set by the smart contract.
Trading rewards are ways in which active traders who interact with the platform are awarded for their participation. Traders get an allocation of 20% from the inflation supply. Additionally, their score is calculated through a Cobb-Douglas function where rewards = fees paid * staked DTORO. You can check the whitepaper section on our GitBook to find the exact formula.
DTORO tokens received as rewards are not immediately claimable. The network has imposed a 1-year lock-up period where no tokens can be used, traded, or accessed.
A 90% fee is added for vesting DTORO early, which is set to decrease gradually for one year. This way, DexToro avoids inflating the supply of tokens unreasonably. A 0% fee is paid only after one year, which ends the lock-up period. Afterward, tokens can be traded, sent, and used anywhere in the network.
DexToro has a cooldown period of 14 days where users can transfer their tokens only after the period has elapsed. If you interact with the staking contract within the 14-day timeframe, the clock restarts. For example, if you unstaked your tokens, and a day after you staked a portion of it back, you will still have to wait 14 more days from your last action to claim and use the tokens.
You can interact with DTORO tokens on the platform during and after the lock-up period by either claiming the tokens in your wallet or compounding them on DexToro.
Claiming tokens is a simple process once the lock-up period is over. Compounding, on the other hand, has a twist to it. Compounding DTORO can be done during the lock-up period to increase token yield. All new rewards can automatically be added to the Stake Escrowed DTORO balance to earn additional DTORO.
The DTORO token isn't a way to generate active rewards from DexToro. Instead, it's a way in which both users and the platform can create a system that can help facilitate the network's overall growth. Staking DTORO gives value to the DexToro ecosystem and should be used as a way to incentivize the use of the decentralized perpetual futures platform.
https://docs.dextoro.com/dtoro-token/dextoro-token
Do you have questions about DTORO that still need to be answered?
Then, join the DexToro community on Discord
Join our official Telegram channel
Stay in the loop, follow us on Twitter
We are active on YouTube
To Start Trading, visit DexToro
The native utility of the DexToro ecosystem is the DTORO token
DTORO staked rewards have a lock-up period of one year
Traders can earn additional DTORO if they trade on DexToro
As we continue our section explaining and clarifying the DexToro ecosystem, we've reached the stage where we must talk about DTORO.
DTORO is the utility token powering the DexToro platform. It's designed to enable the ecosystem's growth through a systematic approach to avoiding token inflation.
With the number of DTORO staked surpassing 21 million and Trading Rewards Script being nearly ready to deploy, we must talk about DTORO. Existing and upcoming members need to know the ins and outs of DTORO and its role in our ecosystem.
DTORO is an ERC20 token standard launched on Optimism to perform three functions on DexToro: staking, governance, and trading rewards.
0x1CeF2d62aF4cd26673C7416957CC4Ec619A696a7 is the official contract address of DTORO
DTORO was launched with an initial token supply of 25,000,000, and the number of tokens is set to increase through a predetermined inflation model. To strike a balance between new emissions and the current price of DTORO, we've created an inflation emission model that will lead the total max supply to 80,527,792.
It allocates funds through a percentage split of 20/20/60. 20% is allocated to the treasury, 20% is allocated to trading rewards, while 60% of the total weekly emission is allocated to stakers.
Inflation on DexToro has a weekly emission of 1,153,846.22 DTORO for the first week and is reduced to 1% APY or 15,955.4269 DTORO by the end of the 4th year.
As a utility token, DTORO must be integrated with the ecosystem. When talking about utility, we show how users can leverage tokens and participate in the growth and evolution of DTORO. As mentioned, DTORO can be staked, used for governance (coming soon), and to earn trading rewards. But how?
Users can receive inflationary rewards when staking DTORO and locking them for a period on the protocol. These rewards are offered as part of the 4-year inflation plan, and sometime in 2024, DexToro’s trading fees (real revenue) will also be included, and token holders will receive this revenue. Users can earn two types of staking rewards: inflationary rewards and trading rewards.
Inflation rewards are awarded to users on a continuous basis consisting of 60% of the weekly inflation that's set by the smart contract.
Trading rewards are ways in which active traders who interact with the platform are awarded for their participation. Traders get an allocation of 20% from the inflation supply. Additionally, their score is calculated through a Cobb-Douglas function where rewards = fees paid * staked DTORO. You can check the whitepaper section on our GitBook to find the exact formula.
DTORO tokens received as rewards are not immediately claimable. The network has imposed a 1-year lock-up period where no tokens can be used, traded, or accessed.
A 90% fee is added for vesting DTORO early, which is set to decrease gradually for one year. This way, DexToro avoids inflating the supply of tokens unreasonably. A 0% fee is paid only after one year, which ends the lock-up period. Afterward, tokens can be traded, sent, and used anywhere in the network.
DexToro has a cooldown period of 14 days where users can transfer their tokens only after the period has elapsed. If you interact with the staking contract within the 14-day timeframe, the clock restarts. For example, if you unstaked your tokens, and a day after you staked a portion of it back, you will still have to wait 14 more days from your last action to claim and use the tokens.
You can interact with DTORO tokens on the platform during and after the lock-up period by either claiming the tokens in your wallet or compounding them on DexToro.
Claiming tokens is a simple process once the lock-up period is over. Compounding, on the other hand, has a twist to it. Compounding DTORO can be done during the lock-up period to increase token yield. All new rewards can automatically be added to the Stake Escrowed DTORO balance to earn additional DTORO.
The DTORO token isn't a way to generate active rewards from DexToro. Instead, it's a way in which both users and the platform can create a system that can help facilitate the network's overall growth. Staking DTORO gives value to the DexToro ecosystem and should be used as a way to incentivize the use of the decentralized perpetual futures platform.
https://docs.dextoro.com/dtoro-token/dextoro-token
Do you have questions about DTORO that still need to be answered?
Then, join the DexToro community on Discord
Join our official Telegram channel
Stay in the loop, follow us on Twitter
We are active on YouTube
To Start Trading, visit DexToro
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