What is 3XT TOKEN (3XT) | What is 3X.Exchange | What is 3XT token
Introducing 3X.Exchange
The first complete decentralized leveraged tokens exchange built on ethereum and powered by chainlink.
3x.exchange
What is 3x.exchange?
3x.exchange is the first complete decentralized non-custodial leveraged tokens exchange built on ethereum powered by chainlink price oracle. 3x.exchange is the world’s first decentralized exchange to offer liquidation free USD and Coin leveraged tokens.
We aim to become the uniswap for leveraged tokens trading and eventually we will add support for all the existing ERC20 leveraged tokens currently tradable on various exchanges such as FTX, Gopax and Bitmax along with creation of new leveraged tokens.
How it is different from SynLev?
SynLev is an interesting concept and we believe it is just the first step in the right direction. We can compare SynLev with Etherdelta or Idex for leveraged tokens wherein we are aiming to become the uniswap for leveraged tokens.
3X TOKEN ( 3XT )
3XT is the utility token of 3x.exchange which in the near future will also act as the governance token for the protocol. 3XT allows its holders to benefit from the dual farming capability of the token. It allows its holders to yield farm more tokens by providing liquidity to our 3XT-ETH pair and at the same time earn 50% of all trading fees generated by the platform in Ethereum.
Who is behind the project?
3x.exchange primarily consists of 3 developers and 2 management folks since its very early stage of the project and all of us are full time employees of other crypto startups/projects we believe its in the best interest of ours to stay anon and see where this project leads us to. We may or may not become public in the near future as we may be treated as direct competitor to our employers.
If you want to be part of this journey and support us, you can connect with us at below mentioned social platforms.
3XT Token & Proposed Token Sale
In our previous article we talked about 3x.exchange wherein this article we will discuss our proposed tokenomics and token offering details.
3XT is the utility token of 3x.exchange which in the near future will also act as the governance token for the protocol. 3XT allows its holders to benefit from the dual reward capability of the token. It allows its holders to earn 1% of all transaction fees in real time plus 50% of all trading fees generated by the platform in ETH.
✅TOKEN DETAILS✅
Token name: 3XT TOKEN
Symbol: 3XT
Max Supply: 1,000 3XT ( 502 3XT Burned )
Token Contract: 0x96cf107e446a6e528ffd045f4eb6dff3cdb6a666
Vesting Contract: https://bit.ly/2WybYoc
✅TOKEN DISTRIBUTION AND VESTING SCHEDULE✅
500 3XT ( 50% ) — BLACK HOLE ( Burn address which will eat 50% of all transaction fees )
200 3XT ( 20% ) — Company & Team ( 25 3XT Vested for 30 days, 25 3XT Vested for 60 days, 50 3XT Vested for 90 Days, 100 3XT Vested for 180 Days )
150 3XT ( 15% ) — Pre-sale
100 3XT ( 10% ) — Uniswap Liquidity
50 3XT ( 5% ) — Early Expenses & Marketing Partners
3X.Exchange Roadmap
In this article we will guide you through the planned roadmap of 3x.exchange.
Nov, 2020: Initial project planing and core team assembled.
Nov, 2020: Initial phase of product development started.
Dec, 2020: Project announced and website launched.
Dec, 2020: 3XT Token pre-sale & Uniswap Listing
Dec, 2020: 1st Phase of liquidity farming begins.
Jan, 2021: CEX listings.
End Jan, 2021: Close demo for top token holders.
Mid Feb, 2021: USD leveraged tokens public testnet.
End Feb, 2021: Coin leveraged tokens public testnet.
Mid Mar, 2021: USD leveraged tokens mainnet.
End Mar, 2021: Coin leveraged tokens mainnet.
End Mar, 2021: 2nd Phase of liquidity farming begins.
Apr, 2021: Advance features such as limit orders and support for walletconnect and other popular wallets for a seamless trading experience.
Please keep in mind that these are estimated timelines only and we will try our best to meet above deadlines.
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