- What is DeFi-X?
DeFi-X is a decentralized Synthetic Asset Issuance Protocol based on Ethereum.
These synthetic assets are guaranteed by DeFi-X Network-approved TGX and XTokens are issued as long as the TGX is locked in an intelligent contract. The mortgage pool model enables users to perform transformations between TGX directly using smart contracts without counterparties. This mechanism solves the liquidity and slip points encountered by TGX.
DeFi-X website: defix.finance
- What is TGX?
TGX is the network Token of DeFi-X.
TGX holders are encouraged to hold TGX and mint XTokens in multiple ways.
First, trading a TGX can receive trading reward. Whenever someone trades one TGX for another TGX (that is, trades on Defixwap), a trade reward is generated.
Each transaction generates a 0.3% transaction fee, which is deposited into the fee pool. TGX mortgagors can claim TGX in the fee pool pro rata each week as a transaction reward. Second, TGX holding the reward. The agreement’s inflation policy generates TGX holding rewards. The total supply of TGX is unlimited, and inflation will decrease year by year. If these TGX mortgages do not fall below the target threshold, they are prorated to the TGX mortgagor. In other words, each of us is a shareholder in Defixwap.
- What is the TGX yield model?
The TGX yield calculation logic USES the “Bezier curve” invented by Pierre Bezier, a French mathematician, which laid the foundation for computer vector graphics.
Its main significance lies in the fact that both lines and curves can be described mathematically.
General parameter formula
The order bezier curve can be deduced as follows. Given points P0, P1,…, Pn, the bezier curve will be:
The above formula can be expressed recursively as follows: represented by the points P0, P1,…, bezier curve determined by Pn.
In ordinary terms, the order bezier curve, is the interpolation between the double order bezier curves.
- Why to miningTGX?
TGX serves three functions as a DeFi-X network token:
- Trading & mortgage to obtain rich returns: Mortgage TGX can obtain more TGX, TGX has good appreciation space and is an asset worth investing;
Transaction TGX can carve up the fee income of trading platform;
- Mintingtools: TGX can mintingXTokens in X foundry, and use XTokens to realize assets and circulate and trade on the exchange;
- Use warrant: it can be circulated and used on DeFi-X ecology, and it can carry out payment, exchange and other actions, also can use to DAO voting and exercising more rights and interests of DAO organization through TGX.
- What is the DeFi-X team?
The development team is a PhD team from Stanford university, Yale University and MIT. The core members have worked for Google, Oracle, JP Morgan, Mastercard, Jingdong, Huobi and other companies. More than 70% of the team members has a master’s degree, including technicians with more than ten years of development experience and early developers of Ethereum.
- What’s the marketing features of DeFi-X?
Extended fission marketing.- The DeFi-X team is deeply influenced by the concept of decentralization and is not limited to a single organization or group. DeFi-X mainly encourages users to take the initiative to promote by recommending rewards, such as distributed fission.
This way can reach a wide range of user groups, meet the diversity of users at the same time more conducive to the multi-point proliferation of users.
its marketing model:
The marketing model of single-species population growth is usually the difference equation connecting the population Nt +1 of generation T +1 with the population Nt of generation T:
Nt + 1 = λNt　　or Nt = N0λ’
In this formula, N is the population size, T is time, and is the finite rate of increase of the population
Nt + 1 = Ntλ or Nt = N0λ’
λ is the rate of population growth per year (or other time units) at 20 times the rate of the previous year, it is called the circumferential rate. This form of growth is called geometric or exponential growth.
Take the logarithm of both sides of the equationNt = N0λ’:
lgNt = lgN0 + (lgλ)t
- What is the core functional modules of DeFi-X 1.0?
Yield farming, Defixwap (decentralized contract exchange, minting synthetic asset by mortgage), Collateral Pool, fee pool, Oracle.
- What is the advantages of DeFi-X?
1.The development team is a PhD team from Stanford university, Yale University and MIT. The core members have worked for Google, Oracle, JP Morgan, Mastercard, Jingdong, Huobi and other companies.
2.The project has a high threshold and combines the advantages and asset attributes of Uniswap+SNX+YFI, which is almost impossible to replicate;
3.The project has a great prospect, solves the problems of the traditional financial model and optimizes the defects of the existing DeFi market;
4.Project value comes from mining income and global reward pool, a new disruptive market model.
- What is the ecological development plan of DeFi-X?
The whole ecosystem of DeFi-X is divided into six blocks for different assets and application scenarios, namely DeFi-X synthetic Asset protocol, Defixwap, public Chain DeFi-X Chain, Financial sector DeFi-X Finance, Game application platform DeFi-X Game, and payment platform DeFi-X Pay.
DeFi-X is a decentralized Synthetic Asset Issuance Protocol based on Ethereum .
Defixwap is a multi-component synthetic asset called DEX — mortgage, minting token, stable coin, Lending, exchange.
DeFi-X Chain is a synthetic asset public chain, supporting to do a variety of DApp, issued token, cross-chain ect. on the Chain .
DeFi-X Game means that DeFi-X protocol is embedded into online games, and gold COINS, items, equipment and even accounts in different online games are opened through DeFi-X protocol, so as to turn these virtual items that have no asset attributes into visible, transferable and tradable encrypted assets on the chain.
DeFi-X Pay is a platform for landing payment through the synthetic assets issued by DeFi-X, which will be applied to malls, hotels, casinos, international remittances, insurance, physical delivery and other fields.
DeFi-X Finance will extend to traditional Finance and combine the features of decentralized Finance to match lending, insurance, exchange, stablecion, bank, hedge fund and other financial services.
Conclusion:
Redefine decentralized finance, redefine digital currency, and redefine the infinite possibilities of the blockchain.
DeFi-X, not just DeFi, but Define the X Future.
Join Tele Group for first-hand information:Â t.me/defixfinance
