We are pleased to announce our next AMA on June 14th 2021 at 01:00 PM UTC Time: Satoshi Club x DDEX
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join DDEX Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. DDEX Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about DDEX
For more details:
DDEX Website – ddex.com
DDEX Telegram – @DDEX_Global
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What is the most important and exciting feature of DDEX in comparison to existing decentralized exchanges?
You have mentioned that DDEX allows better cross-chain crypto assets circulation and management on BSC and HECO ecology, which other chains/ecosystems do you plan to integrate next in your roadmap?
Your launch is for 15 June 2021, so what will be the process for launch like presale, whitelisting, fair launch, etc?
DDX is the only token for the DDEX platform, DDX can be used to pay transaction fees and purchase other services of future DDEX ecological opening and can also be used for repeated mining on the platform and trading with other users. For that reason, it caught my interest to hold DDX. I’d want to get a DDX token. What tips do you have to earn a DDX token? Do you plan to make a community event, such as an airdrop or a bounty program?
I think this is Big News with DDEX and users: DDEX will open first Binance Smart Chain (BSC) based Liquidity Mining Pools and launch on 15th June, 2021! Great! Can you give us some information about Liquidity Mining Pools? What in Liquidity Mining Pools will attract investors and users? For example: profit,… And what will users need to do to join Liquidity Mining Pools? Why did DDEX choose BSC first instead of HECO or Ethereum,…? After BSC, which chain will be next?
Reading through your medium, I saw that the DDEX/USDT trading pair has twice the weight of other trading pairs. Could you please elaborate on your point? What distinguishes this trading pairs from others?
I was through your medium and saw that you have a lot of information concerning DDEX’s Novel Economic Model. However, I don’t find any regarding your roadmap. I simply want to know how your projects development right now and in the future. Do you have a strategy in mind for creating your roadmap? Or did I simply miss it? Is it on your website? If that’s the case, could you please share it with us?
On your site, I paid attention to Referral Rewards Ranking. Do you run the Ranking of rewards earned through the referral program? What is the essence of this Ranking and for what purposes is it conducted? How many places are there in this table? How can we participate in your referral program and what rewards can we receive?
BURN Charity, it’s interesting. So, what funds do you have in mind for these charities, a transaction percentage?
Can you list the main features of suku Protocol that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
What are your marketing strategies and how do you plan on implementing global adoption? How do you intend on getting more users, community and investments from all parts of the world including non-English speakers and communities?how will you influence the local people from India and China
And what are the benefits of early investors and holders,and how will you compensate the gas fees for staking
And where i can buy your token on your website or uniswap,and where will be the first listing
Lot of platforms appear to the crypto space with long term visions & most of them are vanished from ecosystem without any clue, even they existed. Will DDEX have own their plans to move on, with their community successfully? How do you convince the users that DDEX Platform is secure to invest?
According to DDEX website, four partnerships already ally with DDEX platform such as Github, Magic Leap, Glossier, Pipe. So how was the contribution from them on building up of DDEX platform? Github is a giant in hosting service. Will there be more partnerships with you to energize DDEX platform such as Github?
DDEX is to be launched on 15th of June. Though I researched on your website, I couldn’t discover more details about the launching programme. Will there be more interesting events in DDEX platform on 15th of June for DDEX community? I’m willing to know about your launching programme. Please Can you share with us more information about that?
In DDEX’s DAO system, the DDEX platform token is used as a governance token, and the holding of the token is the only measurement of users ’voting rights and weight. How can a user accumulate votes using DDEX and what is the system for counting votes when voting? Are there any cases when DDEX holders are not credited with votes in order to prevent artificial cheating of the number of votes and to avoid dishonest voting?
I’ve heard you’ve rescheduled your launch for tomorrow 15th June. So I’m curious about why did you decided to delay it? What improvements has been made and can you tell us how can the community become early adopters of your BSC based liquidity Mining pools? Will there be benefits for trying it first?
On your website there’s an option for repurchasing DDEX destruction, can you explain with more details about the function of this feature? What’s the purpose of repurchasing tokens and how does it influence your economic model and token price?
What is your consensus algorithm?
What’s the circulating supply?
What’s something great in DDEX compared to other existing exchanges?
Some of the features of DDex includes High Capital Efficiency,Low slippage and Optimization of Temporary losses.. so how does DDEX ensure high capital efficiency and low slippage in it’s AMM (Automatic match maker).. and how does DDEX optimize temporary losses on it’s platform..
One of the uniqueness of DDEX DAO is that There is no hierarchical structure, which means that everyone can propose an innovative idea and each proposal will be taken into account by the entire organization… But what will be the requirements for anyone who intends to partake in this governance process, and how will users be able to make proposals and when proposals are made how does your DAO system decide on this proposals..
DDEX was initially set to launch on 10th June 2021, but this launch was postponed to 15th June 2021… I believe this postponement was for the good of DDEX and it’s users.. so what were the specific reasons that made 10th June an Unrealistic date for the launch caused the postponement of DDEX launch to June 15th, and what did you need to fix or do within the extra 5 days
I notice that DDEX do not have whitepaper neither roadmap of your project,you rather have some partnership.You don’t have any developers or teams.I made some search and i notice in Telegram that there is another DDEx.Knowing that there are scammers everywhere,how can you convince us to Trust your project?Have you done any audit to ensure users safety?And can you tell us about your security system?When will your whitepaper be released?Please tell us thanks.
In your Medium article, DDEX is a cross-chain decentralized transactions clearing & settlement platform that is involved in Automated Maket Maker Transaction, Liquidity Mining, Referral Mining, and you plan to adopt the DAO contract for your operation. Knowing that the DAO contract can be hacked due to vulnerabilities in it’s code base, My question is how to you plan to solve this challenge so that investors funds will not be stolen?
Can you please tell us more how your referral rewards works?
Do you value early investors? How do you reward investors? Marketing team normally shares tokens to participants but these people will just sell it right after. So, i hope if you do some marketing, it goes just to the holders. at least 80%.
The No Compromise post. What’s the reason behind why it was moved from 10th to 15th? I mean if it’s to provide us better AMA/launching, to make sure everything is ready that is fine we just need the reason. I do long hold so i value and look into the transparency of the team. Thank you.
1. Currently, there are many decentralized exchanges to trade cryptocurrencies. Can you explain what makes your exchange unique?
2. Trading is always risky. Choosing a reliable platform can reduce that risk. Please let us know about your team and why we should rely on them.
3. You have mentioned that you are going to use a burning system to ensure the value of the token. When you are going to schedule a burn and what will be the percentage?
Since Mining is an integral part of DDEX that ensures fairness while keeping DDEX stable, safe and secure.
Will joining DDEX allow users to calculate power that allows them to mine DDEX at a certain date and certain speed? And how will the speed be connected?
One of the features will we be able to find on DDEX is “Optimize Temporary losses”, can you give us more information about this? How will DDEX exactly help users optimizing temporary losses and for how long will you provide this optimazation? Also, how is the process? What do users need to do in order to properly take advantage of this feature of yours?
I saw that DDEX will have a Referal Reward Program, can you share more information about it with us? How can someone invite a friend over to the platform and what do both parties get from this? What can they do with the rewards obtain from this program? Also, how many friends can a person invite and how will you verify that he/she is, indeed, inviting aunthentic people and not some kind of generated bots to take advantage of this reward program?
I saw that on your website one of the “coming soon” parts is this Market section, can you give us more information about what will this market be about and when will it be available? Will it be some kind of space related to NFTs since they are really popular right now?
Your native token DDX can only be used for mining and trading right now. You do have plans of expanding and for it to be used to pay transaction fees and purchases of DDEX’s future services. However, there’s no further information about what specific services you are planning to offer. Could you give us more insight? What do you consider will be DDEX’s main attraction for investors? Do you plan on integrating NFTs into your project?
In today’s crypto community, new projects have a lot of competition, not with established names or mainstream centralized organizations, but rather with other new projects. However, in such competitive times, I couldn’t find any vital medium of information about your project, no Whitepaper, no Roadmap, and simply not a place where I, as a potential investor, could figure out your project’s strongest advantages and selling points. This can, for sure, obstruct the biggest window of opportunity DDEX has to build a stable following and a community of token holders, which is the launch. So, can you tell us how you will work around this? How will you market your project so fiercely in the last 24 hours before launching, that no one will be able to pass the opportunity to invest?
The key of be an Exchange is guarantee a good Liquidity, so can you tell us how will you incentivize the creation of a good Liquidity to all pairs? Will you use Liquidity providers ( users) or Liquidity aggregator Protocols ( like Kyber network)?
⚛ Right now your list of tokens is very little ( and that understandable, because you’re just beginning), but I watched that there exist tokens that are called: AAA,BBB,CCC,DDD. so can you tell us what are they? They are test tokens or something?
DDEX has its own referral system, where an users can invite other and get rewarded, but can you explain us how it works? How much an user generates per referring?
DDEX has its own Native token DDX, so considering that you have your own DEX, this token have any special usage on its Dex? Like BNB with Binance exchange?
There are two spaces on your platform that have not been launched, these are the marketplace and governance. The truth is that for a cryptocurrency project these two elements are essential, therefore I am interested in knowing what news and advantages both the marketplace and the governance system will have. What products will you offer to users in your marketplace? Will you launch a token that corresponds to the governance of the project?
I was surprised to see on your website that you only have four strategic partners, which can be limiting when carrying out your plans in order to develop and evolve your project, an example would be marketing to attract more users and consumers . So, do you plan to announce more strategic partnerships soon? Can you give us a preview about this?
In the Mining section of your platform there is a space called “innovation section”. I am intrigued to know what the function of this section is. Can you briefly explain what this section offers to users?
As I know the AMM trading section is one of the core business sections of DDEX. But how does it improve the trader experience? what are the benefits for users/investors?
Does DDEX have a Referral System? IF so, what should I invite my friends to your platform? Can I earn rewards by adding people to DDEX? what happen if someone introduce bots to your platform?
I know $DDX is the only token for the DDEX platform. How can I get this token? and where cna I trade it? what are the usecase of $DDX in your platform?
Does it face the dilemma to work in a fully decentralized way at the expense of liquidity providers from ordinary users or to use the services of professional liquidity providers, market makers, but they usually use the Front-running orders scheme. This means that the user will always be shown a price based on the interest of a professional liquidity provider (+-0.005% – 0.01%). Seeing the price for example 5 cents higher or lower (depending on the operation) than other DEX, users can switch to a more favorable platform.
The question is: where will the liquidity come from at first until your DEX gains enough popularity?
How does DDEX plans to achieves true decentralization? Can $DDX holders participate in the governance of DDEX? What decisions can holders vote on about the project?
DDEX Will first be launched for mobiles only, or can users also make use of it from desktop devices?
The launch of DDEX is on June 15th, literally tomorrow! At this point have all the features that the platform will have at this time been revealed, or are there still some goodies to talk about? What are you going to do to celebrate this date with the community?
Why did you decide to develop DDEX based on the BSC and HECO chains? It is known that both currently represent incredible opportunities for most projects, but they also represent a market with large competitors, so how does DDEX take advantage of the benefits that both offer, and how do you plan to stand out from the rest of similar projects that are also part of these chains?
Could you please mention the different products and/or services offered by DDEX, tell us which of them are the main ones and what opportunities they provide to the users. Also tell us, what do we need to do to be able to use each of them, i.e., is it necessary, for example, to acquire a certain amount of your native token to be able to enjoy this?
You have audited your platform by Certik. That’s good, thank you for your concern about security. But so far, according to Certik, you have fixed only 38% of the bugs. Why are you in no hurry, because the launch is scheduled for June 15.
From the DDEX tokenomics, DDEX would base almost the entirety of it’s project essence and token acquisition on transaction and liquidity mining. Out of the 500 million total supply, DDEX will dedicate a hefty 77% (385 million) to liquidity mining operations. Mining operations alone especially with a DAO run project like that of DDEX, has proven overtime not to be the most effective economic model, as it tends to limit the capabilities of a token’s usefulness in the longrun. Therefore, why did DDEX adopt such an approach, and launching as a fully decentralised community project, would there be future considerations to possible changes with the current project model if the need arises?
Please tell us about the financial security of the funds. We users \investors transfer funds to your use. In real-world finance, from the moment of use, the company is responsible and obligated to insure the finances, I think that the use of crypto funds for profit should be protected as well. Do you partner with insurance companies or foundations that will cover losses in the event of a bad situation? I was thinking, since you did an audit with Certik, maybe you would use CertiKShield to secure the money?
I’m sure the question of an investment security is a high priority for many people.
I was able to investigate that you intend to add extra products in the future as a perpetual contract module to operate with derivatives, can you tell us more about these functions and if they will be available after your launching tomorrow?
DDEX has a referral system which seems interesting since it has weekly ranking and overall ranking but I saw it is designed maily for mining incentive mode, however I see there’s other activities on your ecosystem like staking, trading and more, why is it limited to the mining revenue? Also, can you tell us if there will be a reward for those who win a spot in the weekly or overall charts?
One of the core business sections of DDEX is the AMM trading section. High capital efficency and low slippage, Optimize temporary losses and Transaction fee distribution – how does it all work? What other functions besides these does the AMM trading section combine and what opportunities does it provide to users and investors?
The novel economic model of DDEX is based on three basic pillars: liquidity mining, AMM transactions and DDEX stakeholder income. Would you please explain what each of them consist of? How is structured the Liquidity Mining of DDEX? What’s the daily mining output of $DDEX? And can you tell us what are the different ways stakeholders can earn an income?
As a DAO-based decentralized exchange, DDEX aims to achieve fully decentralization by giving the community governance the power to decide the direction of DDEX. So I would like to know, how will function the DDEX DAO system? What’s the minimum amount of $DDEX that users need to hold to participate in the governance? Do the tokens staked count for voting? And I read that every token holder is informed of pre-established rules before joining the DAO, so could you please explain more about those rules?
One of the features of DDEX is the Liquidity Mining of $DDEX, so daily there is an amount of tokens mined and it can cause inflation, so I was wondering, is the $DDEX token inflationary or deflationary? Will you integrate a burn system to avoid inflation or price drop? Or will you apply other methods like halving to control that?
The DDEX native token $DDX will function as a governance token, catering for community privileges and voting rights of token holders. Consequently, the voting structure of the platform is such that, the $DDX held by a user is counted as 1 vote, while the $DDX staked is counted as 2 votes. Though this voting system encourages the acquisition and staking of more $DDX by users, but it also tends to concentrate voting rights and governance privileges to those with a sizable amount of tokens. Therefore, how will DDEX mitigate the challenge of a select group of holders (whales) from having sole governance rights to the project’s operations, and asides governance privileges, what additional benefit does the $DDX token give it’s holders?
Could you please tell us about the ddx token, what is its total supply, how is it distributed, in how many ways is it available to DDEX users and what can we use it for?
Many projects today claim to be decentralized but few are really fully decentralized, so how will DDEX achieve true decentralization, what actions and/or adoptions have they taken to guarantee us users that they really will be a decentralized platform?
Could you please mention the different phases that the DDEX DAO system will go through, in which phases it is currently in, and once it is complete, what opportunities will it provide to the users that will be part of it?
DDEX a DAO Decentralized Exchange with Dual-chain Head mining will be launching on 15th of June, 2021. And were excited to see How DDEX works? Does it need KYC? Can you tell us how can you characterize the good qualities of DDEX compare to other platforms? Can you elaborate to us the Swap, Farms, Pools and DAO of DDEX that can be featured in your platform? And also
Can i ask will your whitepaper be released at the same time?
DDEX designed a highly efficient mining mechanism for liquidity providers. Too ensure the value of the token, DDEX builds various using scenarios for the token together with buyback and burned token. So, is this the Novel Economic Model of DDEX? Can you elaborate to us more how Novel Economic Model works in DDEX?
I’ve seen in DDEX site that you have your partner: Strategic cooperative namely Github, Magic Leap, Glossier and Pipe. Do you have plan to have collaboration with other social media apps like medium and discord? And what is your plan in terms of partnership? Do you have plan to have global partnership?
Can you tell us more about about $DDX token and yield mining? What benefits does users get from holding $DDX token? Are you planning to list $DDX on coin market cap?
During my research on your project, I noticed that Users can participate in liquidity mining for DDEX platform tokens according to the weight of their holdings in the three trading sections on your platform which are: mainstream tokens, platform tokens and innovation tokens. Can you please briefly discuss this three trading sections with us? And how will the daily mining output of $DDX tokens be distributed amongst these three trading sectors?
Hi DDEX!
I noticed a hot share icon on your site, can you tell us more about your referral program please? What are the conditions for participations, what rewards can people expect from each referee? Will referees also benefit from using the referral invite link? Are there limits on the number of referees and referral levels each user can benefit from? Thank you!
Hi DDEX!
Please tell us more about your planned Liquidity Mining functionality. As I understand it will allow users to Stake liquidity and earn DDX tokes as a reward. Most of the DEX existing platforms call this Farms, is it going to be the same functionality just under a different name or does DDEX’s Liquidity Mining differ in some ways from the traditional Yield Farming? Thank you!
According to your DDEX Mining in the Novel Economic Model, the weight of the DDEX/USDT trading is double to other trading pairs and for newly launched token projects,the project party will provide a 30-day DDEX reward quota and launch them in the innovative trading sector.So,can you tell us what is the reason and point why DDEX/USDT trading pair is double to other trading pairs in your mining feature? If the weight will be double from other trading pairs,what will be its impacts to other pairs? Furthermore, can you also explain more about the 30-day DDEX reward quota for newly launched token in your platform? What will be the reward program that the newly token project will set to implement in your platform for 30 days especially in innovative trading sector? Thank you
Can you describe the DDEX Duel-Chain Head Mining that was launch last June 10th on Binance Smart Chain and Heco Chain? How does it works and function in your network? Why did you choose to launch the Duel-Chain Head Mining in both HECO and Binance Smart Chain? What advantages you see from this two chains that will make your platform more attractive to investors and traders? Thank you
While researching on your project I noticed that there was another project with the name DDEX- a decentralized exchange for ethereum-based tokens which was launched as far back as 2018/19. With the similarity in names,I can’t help but ask, does your project have affiliation them?
Hi DDEX!
I recall there was a company DDEX io a couple of years ago – decentralized exchange built on Hydro Protocol technology, offering instant order matching with secure on-chain settlement. I wonder if you are related to that platform or the team that originally developed that exchange? Or is the matching name a simple coincidence? Your DDEX stands for DAO Decentralized Exchange, am I right? Thank you!
Can you please explain the fee structure of DDEX? Some of the projects first lured investors by promising low transaction fees but afterwards they started to increase it bit by bit. That quite frustrates the investors and results of leaving the project. Are fees low in DDEX? and more importantly will they stay low? Will token holders have any benefits for transaction fees?
What is the full form of DDEX and also what is the meaning of that?
Every day Many projects are launching and they promise growth but after some time they just vanish away!!
So How you will sustain yourself in this very competitive environment of cryptocurrency?
What is the DDEX revenue model and what are the ways to make profit?
It is very essential in crypto world to access the funds at any time. That is why it is very important for the projects to have a mobile App version of theirs system. Do DDEX have a mobile version of DDEX? Do you plan to create your own mobile App or will you use an existing one through an agreement? What will be the requirements and incentives for using DDEX App?
I see the Neutral Dollar (NUSD) was recently listed in DDEX. Since there are already many stablecoins in the market such as DAI, USDC and USDT, what is the need of listing another one? What did DDEX se in $NUSD to list? How does DDEX evaluate the projects to list in its system? Can investors already have a trust on projects for not being a scam when they are listed in DDEX?
What securities steps you have taken to safeguard the investment of people?
Many exchanges get problems during high volume. What steps you have taken to avoid that?
DDEX is a DAO Decentralized Exchange with Dual-Chain Head Mining one on BSC and the other on HECO, is this mean DDEX will have 2 token from both blockchain? Could you explain why BSC and Heco chain, will you add another chain later in the future?
One of the most crucial parts of a project’s success is its ability to form partnerships.
So, do you have any plans to collaborate on large-scale projects anytime soon?
Could you elaborate on your long-term goals in this area, if such is the case?
Community is a key element for any project if you want to be successful, how can you ensure that the community is shared in governance? Do we need to place bets to get votes or do we need to run nodes?
Your project plans to operate in a public and transparent way, which is good, but how involved will the community be within the project to make the best decisions and thus strengthen the ecosystem…??
DDEX is a Decentralized Exchange and Cleaning Platform run by the global community providing advanced cross-chain as HECO and BSC, i hear that DDEX will doing giveaway and airdrop event for community with reward total $2000 from DDEX token. Can you please explain more about this event and airdrop? What are the requirement if i want to join in that event?
What will be the lock-in period in DDEX staking and how much will be the minimum capital needed for staking?
Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token is huge.
So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
I see that DDEX will have double mining on 2 chain BSC and HECO, so can you tell me do
we need to use 2 wallet to receive your token from different chain? Could you introduce to us about your wallet, what feature that available on your wallet?
DDEX market will be released soon in the public. This is a common product in every project nowadays. What organizational structure will the upcoming market have? What type of market shall we expect and what goods can be exchanged and transact with here? Will this market also include bidding and auctions? How about NFTs?
What kind of decisions can users of DDEX make and vote on about the project?
#HaloDAOAMA
DDEX will feature a Governance soon. This just proves how important the community is for DDEX. What specific protocols and policies can be governed and voted by the community? How will the users manifest their agree and disagree response in a certain policy? Aside from this, do you have a reward system to make the users feel more valued and to retain them to support DDEX for a long run?
Who are the investors behind this project? Also please tell about your team background?
What are the advantages that users can get in the DDEX staking pool?
Upon visiting DDEX’s website, the Referral Rewards Ranking caught my attention. This is a special way to reward the community for contributing to the expansion of DDEX’s community. However, applications can now generate many contacts and that’s how self referrals are done by users who are desperate. This would make an unfair system. How will the referrals be monitored and verified? Will DDEX require KYC to the referred users by existing users?
You have written on your websites that DDEX executes the cross-chain transaction, so does that mean we can Have transaction from BSC to Eth chain?
What will be the token burn criteria?