One — Year of Confidence program Details

DeXe Protocol
DeXe Protocol
Published in
3 min readOct 2, 2020

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Yesterday (1st of October), was announced the refund option for Token sale participants — “One-Year of Confidence”

We kindly ask you to read the answers to the short faq about the“One-Year of Confidence”:

Yesterday (1st of October), was announced the refund option for Token sale participants — “One-Year of Confidence”

We kindly ask you to read the answers to the short faq about the“One-Year of Confidence”:

  1. What amount of assets will be refunded under the One-Year of Confidence program?
  • 80% of the price of tokens purchased in the round.

2.When will the assets be refunded?

  • Assets will be refunded if the price of the token one year after the end of the token sale will be lower than the price of the purchased tokens in the round.

3. Do tokens received during Staking rewards or Farming rewards taking part in the One-Year of Confidence program?

  • No. The refund program involves tokens purchased only during the token sale.

4. Do tokens purchased on DEX partake in the One-Year of Confidence program?

  • Tokens purchased on the DEX and transferred to the wallet through which the user participated in the token sale take an interest in the Reward programs, but do not participate in the program 1 One-Year of Confidence

5. In what digital assets the refund will be made?

  • The size of refunds will be fixed in USDC at the time of the purchasing and will be paid in USDC according to the One-Year of Confidence program.

6. Do tokens purchased in the first round partake in the One-Year of Confidence program?

  • No, participants of the first round don’t have the opportunity to receive a refund for the 1st round, but can receive a refund for rounds from 2 to 22 if they participated in those rounds.

7. Do users need to hold tokens to participate in the refund program?

  • Yes, during the token sale, it is a must to hold 100% of purchased tokens. And at least 20% of tokens must be held on the wallet after the token sale ends until the refund is received.

8. What are the terms of participation in the program?

  • To participate in the One-Year of Confidence program, users need to participate in rounds from 2 to 22 of DeXe token sale. (from September 29 to October 19), and the refund program itself will begin 12 months after the close of the 22nd round (October 20, 2021)

9. Do tokens purchased or withdrawn from the token sale’ wallet can participate in the refund program?

  • No. Tokens that were moved from the wallet or were sold during any of the rounds of the token sale — don’t participate in the program One-Year of Confidence in this round.

10. What is the price of tokens that will be taken into account under the refund program?

  • The price and volume of purchased tokens will be fixed in each of the rounds and will be added to the smart contract for refund.

The technical details will be published soon.

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Twitter: https://twitter.com/DexeNetwork

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DeXe Protocol
DeXe Protocol

An innovative infrastructure for creating and governing DAOs.