One of the greatest problem faced in cryptocurrency world today is the stability of cryptocurrency and its volatility as often times the prices are either in inflation where funds are realized, or its going down which often times leads to dumping of such coins or tokens. Most platforms lacks price stability mechanism which is discouraging as investors and users often feel frightened by its unstable rates. This is one of the saddest things one can ever encounter as it’s a problem which is often overlooked by communities.
Aside the instability of cryptocurrency, another problem faced is the security rate of such platforms. Most platforms does very little or nothing to securing the funds of users. Even when measures are been developed and kept on ground, it often times are prone to thefts, scammers and hackers which often times discourages investors into entangling or ever haven to get involved in such platforms.
Not to mention the high cost o transaction rates most platforms takes. I remembered having a token as a bonus for tasks I did, I had close to 20 000 tokens made available to me in a platform (name with held). Since it was not a trading platform, I had to transfer my tokens to a place where it is tradable. And out of 20,000 worth of the tokens, 650 of it were removed as the cost of transaction fee. That was basically outrageous. Apart from that token, I also had couple of others, but my fear was that I’m afraid of losing almost all. I have also 25 tokens available in that same wallet, when I tried transferring it as well, 11 was subtracted and was to be given 14 as my tokens after transaction. These are the things that are faced. The exchange rate, transaction fee is much which is not encouraging not to users, nor for investors.
Most platforms are not reliable neither are they trusted because they have no vision, no aims nor no objective which will make the platform thrive. Most platforms has lost its purpose as often time its not encouraging. 70% out there are just out there to create wealth for themselves, excluding the public. All they are basically interested is to annex wealth and not to distribute wealth to the public. How then can one recognize a project with good purpose and would last almost forever? That is quiet a difficult question to answer. But I can show you some platforms that are not only reliable, but transparent and always true to their words. One of such platform is the STABLEDEX
STABLEDEX is a decentralized Blockchain technology platform built on Ethereum which is created to bring a great change and to tackle the problems which exists in the crypto world today. Though the volatility and prices of tokens/coins cannot be controlled but by certain factors, StableDex ensures the stability of its coin which is been made possible by the underlined platforms which is already put in to place. StableDex is designed to minimize price volatility. This only factor distinguishes from every other platform which makes it more unique in its own way as it has unarguably placed it in the stark contrast with more volatile crypto assets which lacks price stability mechanism.
STABLEDEX is a decentralize marketplace where users, investors, traders, contributors can exchange StableDex with each other Peer to Peer as it eliminates the use of escrows and the elimination o middleman. The exchange and trading is done y two parties without any involvement of the third in any form at all. Transactions are very fast, swift and easy as it process within seconds and without any form of complications. By “decentralized marketplace” it simply means it’s a place where traders meet up with buyers without any difficulty and transactions are out of the hands of few that determines how and where the transaction is going to take place.
The emergence of StableDex is a stepping stone to the development of cryptocurrency ecosystem. It also gives new in coming platforms opportunities that which to introduce their tokens be it security token, stable coin/token, index token or other digital assets to be listed and further traded on StableDex platform. Also loyalty rewards are given to users who are very active in the platform and also when one holds at least 10,000 STDEX tokens in ones wallet for 30 consecutive days which will be distributed each month based on individual starts time and not at a predetermined date. Storing it increases your rewards, but reducing your tokens results to lost of rewards, that doesn’t mean one’s token is locked. It’s not locked, it’s in your leverage you can do whatever one wants with it but to receive rewards, holding of tokens is required. Why not make cool cash out of this system and at the same time continue doing what you love that is trading in a more secured and reliable platform.
STABLEDEX smart contract is one compared to non as its different and unique in its special way. How and why is it different? Its different in such a way that only the exchange is authorized to submit signed trades to Ethereum Blockchain which gives the platform the right of control to control the order in which actions are taken. Actions which in which transactions are processed, separating the act of trading from final settlement with each individual private keys are used to authorize the trade in contract.
UNIQUE VISIONS OF STABLEDEX
The unique vision of this platform is to upgrade the standards of decentralized Blockchain technology, offering solutions to the problems that are present in the crypto world today and to usher stable coins that will be more secured and more convenient.
GOAL OF STABLEDEX
The unique goal of this great platform is yo gain some market share out of currently $20 billion trading volume.
STABLEDEX PARTNERS
UNIQUE BENEFITS OF STABLEDEX
• Decentralized
• Unique smart contract that’s different from the rest
• Blockchain technology
• Secured
• Reliable
• Transparent
• Cost effective
• Profit maximization for investors and as well to dedicated users
• Rewards are given to users
• Low transaction fee
• Friendly user interface
• Crypto to crypto spot trading model launched
• Loyalty rewards
• 24/7 user support
TOKEN DETAILS OF STABLEDEX
STDEX is a utility token that will be used as a means of transactions in the platform. It is an ERC-20 standard compliant digital token on the Ethereum platform
Token name: STDEX
Token symbol: STDEX
STABLEDEX TOKEN DISTRIBUTION
Distributed to community: 45%
Transaction mining: 35%
Founders and team: 12%
Advisors: 5%
Bounty program: 3%
FUND DISTRIBUTION
Token price support: 60%
Operational costs: 13%
Marketing: 12%
Platform development: 10%
Advisors: 5%
ROAD MAP OF STABLEDEX
2018
Q3-Q4
StableDEX.io vision, research and concept development (done)
2019
Q1-Q2
STDEX (ERC20) token creation and audit (done)
Decentralized marketplace platform, development (in progress)
Q2-Q3
Platform launch – Alpha release
STDEX token IEO phase 1 of 2
Platform launch –Beta release
STDEX Token IEO phase 2 of 2
Platform launch – GO LIVE
Listing of stable coins, indexes and derivatives (in progress)
Q3-Q4
Transactions mining model feature –development and release
API connection for automated trading feature – development and release
Margin trading feature – development and release
Asset manager tool- development and release
2020
Q1
StableDEX.io Pro GUI
Mobile App development
STABLEDEX TEAM MMEMBERS
This platform is an awesome platform and would implore everyone to take active participation. For more information about this project please kindly visit any of the links below. See you at the other side.
WHITEPAPER: https://stabledex.io/download/Whitepaper.pdf
WEBSITE: https://stabledex.io/
ANN THREAD: https://bitcointalk.org/index.php?topic=5159013.msg51619136#msg51619136/
FACEBOOK: https://www.facebook.com/Stabledexio-911007762610783
TELEGRAM: https://t.me/stabledex
TWITTER: https://twitter.com/DexStable
LINKELDN: https://www.linkedin.com/company/stabledex/
Written by: Ogkendra
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2561447
Wallet address: 0x86AA07965B08a0D1C7a633C808d4461Be956e1bc
