USDEX is an algorithmic stable coin with a built-in stability mechanism that aims to maintain USDEXs peg to 1 USDC token. It is designed to be used as a medium of exchange within the Dex Money Market protocol.

The Dex Money Market is an algorithmic reserve protocol with multi-step auto-compounded strategies and ETF rewards. The protocol offers a single regulatory mechanism and protocol-owned liquidity. It consists of three corresponding tokens – USDEX, dexSHARES, and dexETF.

Inspired by previous projects (Tomb Finance, Olympus DAO, Balancer, Beefy Finance), we have developed a unique multi-token protocol that simplifies advanced trading strategies for users and promotes growth through a low-risk algorithmic trading model.

The Money Market operates on a three-token system designed to work in harmony with each other. Our protocol uses advanced tokenomics to achieve three primary objectives:

1. Maintain the price of the peg token without putting investors at risk.

2. Allow less experienced investors to participate in high-yield farming.

3. Prevent mercenary yield farmers from pillaging liquidity pools.

After the presale, the only new supply of USDEX entering circulation comes from the regulation pool (boardroom).

In the traditional model, these tokens would be dispersed to boardroom stakers immediately every epoch based on the TWAP.

In our model, the stakers do not receive USDEX. Instead, the protocol takes in all the newly minted USDEX and only sells enough to bring it back to the peg.

Once the protocol sells the correct amount of USDEX, those tokens (now counted within the circulating supply) can be bought or sold, ensuring that the protocol never sells or puts into circulation more than the treasury can buy back at the peg price.

The profits from the sale of those USDEX tokens are then converted to dexETF tokens and redistributed back to dexSHARE stakers. If these stakers decide to sell those rewards, it does not impact the price of the peg token.

The Money Market protocol controls the supply of peg tokens by only selling when the price is optimally above peg and only selling an amount that can be covered by treasury-backed assets, ensuring that the previously sold USDEX can be bought back if needed.

USDEX is available for trading on decentralized exchanges such as PancakeSwap.

New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.

USDEX is an algorithmic stable coin with a built-in stability mechanism that aims to maintain USDEXs peg to 1 USDC token. It is designed to be used as a medium of exchange within the Dex Money Market protocol.

The Dex Money Market is an algorithmic reserve protocol with multi-step auto-compounded strategies and ETF rewards. The protocol offers a single regulatory mechanism and protocol-owned liquidity. It consists of three corresponding tokens – USDEX, dexSHARES, and dexETF.

Inspired by previous projects like Tomb Finance, Olympus DAO, Balancer, and Beefy Finance, we have developed a truly unique multi-token protocol that simplifies advanced trading strategies for users and promotes growth through a low-risk algorithmic trading model.

The Money Market operates on a three-token system designed to work in harmony with one another. Our protocol uses advanced tokenomics to accomplish three primary objectives:

• Maintain the price of the peg token without putting investors at risk.
• Allow less experienced investors to participate in high-yield farming.
• Prevent mercenary yield farmers from pillaging liquidity pools.

After the presale, the only new supply of USDEX going into circulation comes from the regulation pool (boardroom).

In the traditional model, these tokens would be dispersed to boardroom stakers immediately every epoch based upon the TWAP.

In our model, the stakers do not receive USDEX. Instead, the protocol takes in all of the newly minted USDEX and then only sells enough to bring it back to the peg.

Once the protocol sells the correct amount of USDEX, those tokens (which are now counted within the circulating supply) can be bought or sold – so the protocol never sells (or puts into circulation) more than the treasury can buy back at the peg price.

The profits from the sale of those USDEX tokens are then converted to dexETF tokens and redistributed back to dexSHARE stakers. If these stakers decide they want to sell those rewards at this point, they can do so without impacting the price of the peg token.

The Money Market protocol controls the supply of peg tokens by only selling when the price is optimally above peg and only selling an amount that can be covered by treasury-backed assets, so the previously sold USDEX can be bought back if needed.

USDEX is available for trading on decentralized exchanges such as PancakeSwap.

New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.