Tokenomics
Last updated
Last updated
The definition of an Index Asset is when the foundation that operates the platform constructs the operating fund through the swap system just like the investors.
The DBX Platform has an economic structure that can satisfy the multi-investment perspective.
Platform revenue share through the DBX Token Staking
Burn the DBX Token by utilizing the platform profit and providing additional services
Index asset investment by utilizing the index asset swap.
Every economy automatically provides, and shares through the smart contract by moving back and forth between the index asset and platform profit. Moreover, it has been structured to automatically adjust the detailed operational condition through the alteration of the index asset ratio.
A part of the profit will be provided when the users stake their DBX on the platform.
Even though the staking system of DBX does not have a lock-up system. However, the lock-up system will be operated temporarily after launching the service.
The lock-up system is an operational strategy to create a stable price for DBX. If the users participate in the DBX staking, BDBX mining will be operated in real-time as the reward for operating the lock-up system, and the users are able to receive them anytime they want.
The policy DBX staking lock-up will decide the extension status through the platform operation and the price situation of the DBX Token.
Other than the platform DBX staking, the platform provides the system that the investors can directly invest on the platform operating funds by utilizing the ‘Swap’ function. The ‘Swap’ system mints the DLP Token that can be used only in the swap system, apart from DBX, the governance token of the platform to operate the swap system.
To invest on the platform operating fund, input the USDT on the swap system, and the DLP will be provided by adjusting on the swap ratio. The users will input DLP into the swap system and will receive USDT by adjusting the swap ratio for the redemption purpose. In this case, every DLPs enter the swap system will get burned.
Besides the economic system that operates through the smart contract, the platform is planning to reinforce the index by purchasing and burning DBX or swap DLP after separating a portion of platform profits to the burning fund for the operation and DBX inflation management purpose by adjusting to the environment or situation transition.
Burning will be operated irregularly and a burning status will be exposed through the DBX burning contract. Moreover, many more additional services will be developed and operated continuously to maximize and utilize platform profits according to the market environment.
