What Is DexToro (DTORO)? DexToro runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine the security and transparency of a decentralized exchange with the speed and usability of a centralized exchange.
DexToro is a Decentralized Derivatives Exchange Offering 50x Leverage for a Limitless Range of Assets Powered by the Ethereum blockchain. DexToro Offers Exposure to Real-World and On-Chain Synthetic Assets, Which Include Crypto, Forex, Stocks, and Commodities. Trade Perpetual Futures with Low Fees, Deep Liquidity, and Zero Slippage.
DexToro Tokenomics Explained: 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.
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Stakers will receive a share of protocol revenue and additional trading rewards, which are slightly inflated compared to those earned by traders who are not actively staking. This incentivizes token holders to stake plus traders to purchase tokens or re-invest their trading rewards into staking to take advantage of the inflated trading rewards for active stakers. These trading rewards are based on the total fees paid by the trader.
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Only traders staking DTORO receive DTORO tokens via the trading rewards formula based on total fees paid. The more you trade, the more DTORO tokens you earn.
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Token holders can vote on upcoming protocol upgrades and token listings.
What Makes DexToro Unique? Our proprietary product, the DexToro “Smart Wallet.” Smart Wallet is a proprietary product built by DexToro that utilizes account abstraction and smart contract wallet technology. DexToro runs on a unique proprietary trading engine called Peer-To-Contract. Trading on DexToro’s unique trading engine provides many advantages over centralized exchanges, order book-based DEXs, and traditional AMM-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, zero price impact trades, razor-thin fees, protection against front-running and MEV bots, and lightning-fast trade executions. Another advantage is that due to our unique peer-to-contract trading engine and the utilization of synthetic assets, we support various trading assets outside of Crypto, such as Forex and Stocks. Assets are assigned an exchange rate through price feeds supplied by decentralized oracles such as Chainlink and Pyth, to name a few.
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
- 50% - Treasury
- 5% - Liquidity
- 10% - Investors
- 25% - Growth Fund
- 10% - Team and Advisors
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