DEXTF Protocol
Published in

DEXTF Protocol

DEXTF Token Distribution Schedule

  • To date 27 XTF funds launched, 5 new pools on Uniswap
  • Token distribution will run for 5 years split between 3 programs: Monthly Incentive Program (for Portfolio Managers and Investors), Milestone-based Incentive Program (for Portfolio Managers) and Liquidity Mining Incentive Program (for any user), respectively allocating 20M, 5M and 25M tokens
  • 7th Oct 2020 key date to note as first distribution of monthly incentive will double the circulating supply in a day (increase by 1.75M tokens)
  • New rules introduced for liquidity mining to prevent rewards going towards unproductive funds
  • Up to 2x rewards if $DEXTF is used either as a pair or underlying asset
  • Launching a new XTF fund token by selecting the underlying assets and relative weights
  • Minting of XTF fund tokens either via in kind contribution of the underlyings or through KyberSwap (except for tokens that are currently not supported)
  • Providing liquidity to the whitelisted Uniswap pools with XTF pairings (we will soon launch a whitelisting application available on our website)
  • XTF funds paired with $DEXTF are eligible for 1.5x the rewards
  • XTF funds with at least 10% of $DEXTF paired with any token (*) are eligible for 1.5x the rewards
  • XTF funds with $DEXTF paired with $DEXTF (*) are eligible for 2x the rewards
  • XTF funds with more than or equal to 50% of token X will not be eligible for any rewards (e.g. : 90% WETH + 10% DAI). This implies that funds with only 2 underlying assets, will not enjoy rewards for the purpose of the liquidity mining program.
  • XTF funds paired with underlying tokens weighing more than 20% will also not be eligible for any rewards (e.g.: 34% WETH + 26% DAI + 21% USDC + 19% KNC cannot be paired with WETH, DAI, USDC).

--

--

A revolutionary on-chain non-custodial asset management protocol

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store