Deflex is the world's first digital currency exchange.
What is Deflex Echange?
Deflex is the first cryptocurrency exchange, creating an exchange which combines deflation with all cryptocurrencies, no matter if it is a token or coin. From our point of view there are two types of exchanges. One type of exchanges are the ones which create new features, new services and take the cryptocurrency industry one step further to mass adoption.
The other type of exchange copies and adopts the new developments of the first type of exchange. This is of course a great way to improve exchanges, but we’d rather be one of the first types of exchanges because we think this is how exchanges should act in the first place. The progress and future success of an exchange therefore depends on the development of the exchange and the industry itself.
So with your help we want to build the first deflationary exchange called Deflex; Deflationary Exchange. With the first deflationary exchange, we will not only be able to help cryptocurrencies, but also the communities and users, who will not only see more advantages for themselves due to the artificially created deflation, but will also speak more about it and thus make cryptocurrencies even better known.
Problems
● Poor technical architecture
Without a proper infrastructure, an Exchange cannot exist for a long time. Nowadays, many exchanges use cloud services or third parties who can offer them the computing power they need and can provide them immediately. However, this creates problems as dependency on these service providers and third parties increases. This increases the problem that in the event of a third party server failure, the Exchange itself also fails. This can also increase the risk of a hacker’s attack, since the infrastructure is not in-house.
Deflex Exchange
● Deflationary Exchange
Every month at Deflex there is a burning day on which the collected cryptocurrencies are burned out of the collected fees over a period of one month. This happens with every cryptocurrency collected and anyone can check the burning addresses on which the currencies are collected on the blockchain.
● Decentrality of Exchange
Due to the different server locations and the increasing number of locations, the Exchange will be cross-country and therefore also available worldwide.
● Transparency
With the Deflex Status Platform (DS-Platform) you can view all internal company wallet balances and activities. The DS platform will also show latest news, statistics, such as server status and exchange performance, and much more.
Features
● Low trading fees
Deflex’s will allow you to trade with a maximal trading fee of 0.1%. Additional 50% discount if you use the Deflex Coin.
● Financial stability
Deflex is based on an advanced multi-layer and multi-cluster architecture, which not only provides greater security for users, but also maintains the stability of the platform.
● No KYC
Due to the decentralization no KYC is required for using the platform
● Cheaper fees
For withdrawal transactions, we charge a fixed maximum fee, at which we credit the remaining amount back to the account.
● Matching engine
Our engine is capable of sustaining 900,000 order per second. This rate will be at the beginning. With time we will improve our engine.
● Customer Support
Deflex will provide a 24/7 support team so that users always have a contact person in case of problems.
DEF Value
● Fees
You can use DEF to pay for any fees on our platform, including but not limited to:
1. Exchange fees
2. Withdraw fees
3. Listing fees
4. Any other fee
When you use DEF to pay for fees, you will receive a fixed discount of 25%.
● Staking
The DEF Token allows holders to claim a share of fees generated by the exchange and payment service. With that, Token holders who stake the DEF Token benefit directly from the success of the exchange services.
● ICO
The ICO will be done in ETH. Unsold tokens will be burned after the ICO.
● ICO Schedule
All times below are Universal Time Coordinated (UTC).
Our Token
● 50% Trading discount
● Deflationary
● Passive Income
The Deflex coin gives the holder various options to benefit from the platform. By using Deflex Coin when trading, it allows the user to save 50% of the fees. Another option would be to stake Deflex Coins on the platform and earn some of the fees for yourself. Monthly burns will also take place, which will lower the supply of Deflex Coins and thereby reduce the amount of DEF in circulation.
Token Sale
● Token Symbol: DEF
● Total Token Supply: 91,000,000 DEF
● Total Token Supply for Sale: 54,600,000 DEF
● Offered Token Exchange rate: 1 ETH = 1595 DEF
● Public Crowdsale Date: Start: 20. March 2020 End: 10. April 2020
● Hard Cap: equivalent of 4,500,000 USD in ETH
● Soft Cap: equivalent of 1,700,000 USD in ETH
● Minimum Contribution: 0.1 ETH
Allocation
● 60% – Initial Coin Offering (ICO)
● 35% – Company Funds
● 5% – Founding Team
Funds Usage
● 65% of the funds will be used to build Deflexchange and
infrastructure, which includes team recruiting, training, legal
support, administrative expenses and the development budget.
● 25% will be used for Deflex branding and marketing, including
continuous promotion and education of Deflex and Blockchain
innovations in industry mediums. A sufficient budget for various
advertisement activities, to help Deflex become popular among
investors, and to attract active users to the platform
● 10% will be kept in reserve to cope with any emergency or
unexpected situation that might come up.
ROADMAP
August 2019
● Concept Creation & Development
● The international team began working on the platform.
December 2019
● Whitepaper release
● Website release
January 2020
● MVP Release, ICO planning & preparations started
● Our MVP will be available on our website
March 2020
● Launch of the Initial Coin Offering
May 2020
● Launch of Deflex Beta
● Beta testing will be open to the public.
● Deposit and withdrawal open. Trading begins.
Q2 2020
● Launch of Deflex 1.0
● Expansion of the Server Network
Team
1. Ron Bennett, CEO At Deflexchange
2. Daniel Stein, CMM At Deflexchange
For more detailed information, please visit the link below:
● Website : http://www.deflexchange.com/
● Twitter : https://twitter.com/deflexchange
● Telegram : https://t.me/officialdeflex
● GitHub : https://github.com/deflexchange
● Reddit : https://reddit.com/r/deflexchange
● Discord : https://discord.gg/QUyd4Ph
● Ann Thread : https://bitcointalk.org/index.php?topic=5227059
Author
Bitcointalk username: tough fighterd
Bitcointalk profile:
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