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Dopex (DPX)

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.

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Overview

Project industryFinance Services & Banking
WhitepaperDopex White Paper Open

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
  • Details

    Public sales: Jun 21, 2021 - Jun 21, 2021
    Token supply: 500,000 DPX
    Total tokens for sale: 75,000 DPX

    Legal

    Blockchain Platform: Ethereum
    Country limitations: US

    Token info

    Ticker: DPX
    Token standard: ERC20
    Accepted currencies: ETH
    Token distribution:
    Operational Allocation - 17%
    Farming (Liquidity Mining) - 15%
    Platform Rewards - 30%
    Founders Allocation - 12%
    Early Investors & Token Sale - 26%

    Social media

    Dopex web-siteDopex MediumDopex TwitterDopex DiscordDopex Github

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