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🔔 LUNA Staking dApp Update

Our official $DEXG 90/10 $USDC Balancer shared pool exceeded 100 contributors! We are very greateful for the dedication of the $DEXG community.

This milestone inspired us to release our updated dApp for the LUNA staking round early! This will give our community members enough time and flexibility to participate in the staking round. You can already deposit DEXG/USDC 90/10 LP BPT tokens to the staking dApp.

🔓Reminder: It's possible to withdraw the BPT at anytime, there is no lock-up period like in the previous round!

🌍 Links
▫️DEXG Staking dApp
▫️LUNA Staking Round Details
▫️Balancer Shared Pool Details
❗️Public Service Announcement

Don't send funds to the Balancer pool contract address directly. Only interact with the pool over the pool management gui. Just sending your tokens to the pools smart contract address renders them unretrievable.

Sadly we had the case of someone not following the procedure and after internal review of the smart contract code and contact with Balancer there is nothing we or Balancer can do about such a situation.

Please follow the instructions as outlined in the medium posts to add your tokens to the liquidity pool.
📢 AMA Announcement

We will hold our next AMA with @MBBCBLOCKCHAINCREWS at the 29th October 2020. MB BC Blockchain is a primarely Vietnamese community of crypto-enthusiasts. We are really excited about being their choice as first AMA partner and hope to see many of you join the AMA as well!

🎙 Speakers
Alistor (@AlistorZimon), Business Development
Michel (@itsmichel), Community Management

🏢 Venue
👩‍💻 MB BC Blockchain Community Group
📅 29th October 2020
13:30 PM UTC

🎁 Reward pool 5 DEXG (0.5 DEXG each)

The AMA will be split into three segments:
1. Introduction
2. Twitter Session (5 Questions)
➡️ Tweet your questions
3. Live Session (5 Questions)

🗣 Rules
1. Join the MB BC Blockchain , DEXG Official & DEXG Vietnam Groups
2. Join the MB BC Blockchain, DEXG Official & DEXG Vietnam Announcement Channels
3. Follow the MB BC Blockchain & DEXG Twitter accounts.
➡️ Follow, like & comment your questions!

⚠️ Participation is only possible if all of MB BC Blockchain's rules are followed.
📢 Publish0x Writing Contest

The Winners of the #DEXTokenDeFined writing contrast have been chosen by @publish0x!

Due to the high amount of participants the price pool has been increased to $530 USD in ETH! We are grateful to see such a high interest in $DEXG by the community. You have written a lot of great articles to get the word out about $DEXG!

🥇 First Place
"The Bull case for DEXToken ($DEXG)" by KaptnDOGE

🥈 Second Place
"DEXToken protocol explained to primary school children" by SirGerardThe1st

🥉Third Place
▪️"Digesting DEX Token: A Comprehensive Overview" by Mynima
▪️"Can DEXG Speculative AMM Minimize Price Manipulation and Distribute Ownerships?" by 0fajarpurnama0
▪️"DEXToken, DEXG and The Gauntlet of Infinity" by PVMihalache
▪️"DEXToken is Set to Change the DeFi Market Forever" by Crypto Adventure

The full list of winners, including the random reward picks, can be seen in the official contest winners announcement by publish0x.
🌐 Hey everyone, starting today, we will be sharing developer updates straight from Jollen. These will be semi regularly when some interesting challenge popped up or a milestone has been reached that he wishes to share.

▶️ Creating a DEX from scratch - Introduction to your DEXG developer updates.

Since the DEXG has delivered the latest version of the staking dAPP and we have concluded the second staking round successfully, internal production has pivoted 100% towards creating the DEX of course implementing our Speculative AMM.

Being a completely independent development team, we are reinventing the wheel so to speak by creating our own codebase from scratch. This has obvious benefits but also brings along some unique challenges. I want to share some of these difficulties as we work our way towards launch and hopefully give you an insight into our continued progress. If you are a developer you might enjoy these as well, as being flexible and taking challenges head on is important in today's ever shifting markets.

Also keep in mind that we will have bug-hunts when we come closer to launch and hope that our community will come forward to check and maybe even improve our work so we can create a strong resilient product, which will form the basis of the ecosystem that we are building.

▶️ DEXG developer update #1 - Lost in translations

Our first major challenge was on how to translate the math behind the Speculative AMM
into program code. It might be all numbers and symbols but this is far from a straightforward undertaking.

The big challenge was how to implement the original paper's math into the Solidity based smart contract. The Solidity language is unlike native languages such as C or C++. This means we had to really focus on using minimal design to reduce problems down the road and have an implementation that is as bug-free as possible.. If you look at the code behind Uniswap you can see they also have used such a design philosophy in the smart contract code. This essentially means you have to break down complex mathematical problems into simple programming logic.. Do to this correctly, the team has been running hundreds of tests to make sure the small building blocks will do exactly what is needed once we put it all together. It is important to know regardless of the complexity of the math involved, we are able to translate it into the code necessary for our projects.

See you next update!

Jollen Chen - CEO Flowchain & DEXG
▶️ DEXG developer update #2- Being committed.

I am reviewing our code on github constantly and have recently merged a whole bunch of commits and bug fixes that the dev team has been working on for the Dextoken Liquidity Pool App. It always feels good to confirm the hard work of the team and see the progress represented in code. For now we are moving according to schedule and barring unforeseen issues we should have our private beta ready for testing in about two weeks!

For those that want to have a look at what we are doing, check out our github.

https://github.com/Dextoken

See you next update!

Jollen Chen - CEO Flowchain & DEXG
📝 AMA Recap: MB BC Blockchain Community

Yesterday we had an AMA with the Vietnamese community of MB BC Blockchain! For everyone that has missed the live AMA, we have compiled the compressed recap. We hope you enjoy and find some interesting pieces of information!

https://www.publish0x.com/dextoken-protocol/recap-ama-with-mb-bc-blockchain-community-xejwnvj
📢 'CALYPSO' Staking Round Announcement

With 99% of the Balancer pool liquidity staked our last staking round has been another great step forward for the DEXToken Protocol. Our staking schedule will pick up some pace from here, with the next round starting at the 6th of November.

In the Calypso Staking Round a total of 4,000 DEXG will be distributed as staking rewards to participants.

▫️Timeline:
▪️30-10-20, 12:00 pm UTC - Staking dApp deposits enabled
▪️06-11-20, 12:00 pm UTC - Staking round start
▪️13-11-20, 12:00 pm UTC - Staking round end
▪️13-11-20, 13:00 UTC - Reward token claim enabled

➡️ Find out the full details on medium:
🇬🇧 Calypso Staking Round Announcement
▶️ DEXG developer update #3 - Taming the Algo

I’m happy to share with you that our Private Beta has officially started!
At this moment we are at what we call The Algo Stage.

The Algo Stage - It’s basically the first week of the internal private beta stage. Our team, our researchers and of course me, will work together to verify the underlying math and algorithm of the speculative AMM. The purpose is to calculate with accuracy the price action when it’s being submitted to volatility effects as described in the DEXToken Protocol whitepaper.

For testing purposes we use the smart contract that you can currently find at the Github repo. This contract uses a simple pool liquidity model without adopting the liquidity provider tokens to ease our test jobs. We will add a full implementation of DEXG-LP, the liquidity provider token of DEXToken Protocol, once we move to the next stage.

Even though at this stage we are still fine tuning the pricing model, we do want to stress that the DexToken Swap exchange is actually technically ready for the public beta. The Swap Exchange, as shown in the screenshot, helps us interact with the smart contract and is an invaluable tool for internal testing and we look very much forward to sharing it with our community.

As always, you can check what we’re up to on github.

https://github.com/Dextoken

See you next update!

Jollen Chen - CEO Flowchain & DEXG

_________________________________
Hi everyone,

With the Calypso staking round being less then 24h away, the staking rewards have been minted.

You can see the operation here:

https://etherscan.io/tx/0xe1ecb20a2ba011b77bcda0271b0df19772240cdfcebeb561c9ebd48426168421

Please join https://stake.dextoken.io/calypso/#/ and join DEXToken if you haven't done so already!
▶️ DEXG developer update #4 - Setting the scene.

Hi everyone,

Part of the development of the DEXtoken Swap is planning out our future development schedule. In the DEXtoken whitepaper we have laid out our roadmap with all major milestones, but every milestone comprises of many small steps.

I want to share with you a snapshot of what will be in the cards for DEXG holders once we will have the fully functional exchange running with all the elements implemented.

In a nutshell, the DEXG token holders will be able to benefit from:

* swap exchange governance
* arbitrage trading
* farming liquidity

All this will be incorporated over time during 2021. Of course the basic engine needs to be ready , but once our swap goes public, production for all these elements will commence in succession.

For more information, you can also download our whitepaper:

https://dextoken.io/#whitepaper

See you next update!

Jollen Chen - CEO Flowchain & DEXG
📢 AMA Announcement

In just about two days we will hold an AMA round with the EPID Community and hope to see many familiar names with great and creative questions!

🎙 Speakers
Alistor (@AlistorZimon), Business Development
Michel (@itsmichel), Community Management

🏢 Venue
👩‍💻 @EPID_Community
📅 11th November 2020
13:00 UTC

🎁 Reward pool 5 DEXG (0.5 DEXG each)

The AMA will be split into three segments:
1. Introduction (5 Questions by the EPID team)
2. Twitter Session (5 Questions chosen by us)
3. Live Session (5 Questions chosen by us)

🗣 Rules
1. Follow the DEXToken Protocol and EPID Community Twitter accounts
2. Join the DEXToken Official Group and EPID Community

🐦 Tweet your question here to participate: https://twitter.com/EPID_Community/status/1323625623428890624?s=19
📢 AMA Announcement

Due to organisational reasons the AMA with @EPID_Community is postponed until further notice. We hope to resolve this soon and get the chance to reward you for your questions!
⚠️ Public Service Announcement

If you don't see your balance on the staking dApp currently, there is no reason to panic! This is related to the current ongoing problems within the Ethereum network in relations to the Infura API node. Due to the problem with Infura, the real-time data can't pulled via the API. For the time being, we will need wait for Infura to resolve the issue.

All funds are safe in the staking contract and DEXG distribution continues.
2024/12/28 06:21:58
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