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Dopex (DPX)

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Status
ICO

Dopex is a decentralized options protocol which aims to maximize liquidity and minimize losses for option writers while maximizing gains for option buyers – all in a passive manner for liquidity contributing participants.

Dopex White Paper Whitepaper

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
DPX
Token standard
ERC20

What is Dopex

Options are essentially contracts that allow its holder to buy (Call) or sell (Put) the underlying asset at a certain price (strike price) to the person that sold the options within a specific amount (expiry) of time. Options are tricky and efficient options that benefit the purchasers and writers alike are even trickier. Dopex is a Decentralized OPtions EXchange platform that aims to solve the nuances and intricacies that come with option writing and purchasing by offering:

  • Fair option pricing
  • Maximum liquidity
  • Capital efficiency for writers
  • Cheaper options for purchasers
  • Incentives for all protocol participants
  • Rebates for option writers in case of losses via rDPX
  • Minimal fees and maximum speed via L2
  • Token Sale Dates

    ICO

    Start date: Jun 21, 2021
    End date: Jun 21, 2021

    Token Allocation

    Total Token Supply 500,000 DPX
    Total Tokens for Sale 75,000 DPX

    Restrictions

    Residents of the following countries are prohibited from participating
    US

    Token distribution


    Operational Allocation - 17%
    Farming (Liquidity Mining) - 15%
    Platform Rewards - 30%
    Founders Allocation - 12%
    Early Investors & Token Sale - 26%

    Token Price and Payment Options

    Accepted Currencies ETH

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