DexToro is a Decentralized Derivatives Trading Platform Offering 50x Leverage for a Limitless Range of Assets Powered by Ethereum. DexToro Offers Exposure to Real-World and On-Chain Synthetic Assets, Which Include Crypto, Forex, and Commodities. Trade Perpetual Futures with Low Fees, Deep Liquidity, and Zero Slippage.
The DexToro token (DTORO) is our utility token, which is used to sustain long-term protocol growth. DTORO has three primary functions: (a) Staking (b) Trading Rewards and (c) Governance.
- Stakers will receive a share of protocol revenue + additional trading rewards, which are slightly inflated compared to the trading rewards earned by traders who are not actively staking. This incentivizes token holders to stake + traders to purchase tokens or re-invest their trading rewards into staking in order to take advantage of the inflated trading rewards for active stakers. These trading rewards are based on total fees paid.
- All traders receive DTORO tokens based on total fees paid.
- Token holders will be eligible to vote on upcoming protocol upgrades and token listings.
What Makes DexToro Unique?
Trading on DexToro’s synthetic infrastructure provides many advantages over centralized exchanges and order book-based DEXs. The lack of an order book means all trades are executed against the contract, known as P2C (peer-to-contract) trading. This enables DexToro to offer zero slippage, razor-thin fees, and lightning-fast trade executions. Another advantage is due to our synthetic architecture, we support a variety of different trading assets outside of crypto, such as Forex and Stocks. Assets are assigned an exchange rate through price feeds supplied by decentralized oracles.
Basic Tokenomics Overview
The DexToro token launched on October 10th, 2023. The token follows the below model:
- Ticker - DTORO
- Initial Supply - 25,000,000
- Inflation Model - Weekly emissions will start at 1,153,846.22 DTORO the first week and drop to around 15,955.4269 DTORO (1% APY) at the end of four years. Resulting in a total supply at the end of four years of 80,527,792
Allocation Breakdown
- 30% - Team & Advisors
- 5% - Liquidity
- 10% - Investors
- 25% - Growth Fund
- 10% - Future Employees & Consultants of DexToro
- 20% - DexToro Treasury
