DYMMAX

DYMMAX

Created using Figma
Created using Figma
Trade decentralized options without collateral. Stay tuned!
IEO
Nov 20, 2020
Nov 30, 2020
100% completed
Raised funds - no Data
past
Token Details
Ticker
DMX
Additional Details
Categories
Platform

About DYMMAX

DYMMAX (Dynamic market making auctions and exchange) is a decentralized protocol for issuing options for cryptocurrencies based on the parimutuel betting with fixed odds pricing model with possible secondary circulation of issued contracts in the form of ERC20 tokens.

DMX is the governance token of the Dymmax platform. It is designed to ensure the stability and decentralization of the Dymmax system, and opens the following opportunities to its holders:

- Voting to add new options series;

- Cashback from trading commissions;

- Payment for services of the Dymmax ecosystem and partners;

- Single token share increases due to regular token burnings;

- Voting on the Dymmax roadmap and priorities.

DYMMAX Roadmap

  • Q3 2020

  • Private round sale until 31.10.2020
    Implementation of the platform interface
  • Q4 2020

  • IEO on Probit
    DMX token listing and market making
    Local community building
    MVP release in Ropsten network
    Smart contract security audit and testing
    UI enhancement according to users feedback
  • Q1 2021

  • Mainnet release with the first options series of ETH/USDT
    Launch of market makers program
    Launch of secondary circulation of tokens on existing decentralized exchanges
    Tokenization of options
    Test implemntatino of DYMMAX on top of L2 solutions
    MVP implementation of DMX Democracy platform
  • Q2 2021

  • Expanding the list of available instruments
    First DMX burning according to fees collected in Q1
    DMX holders voting for fees cashback
    MVP implementation on top of other blockchains (e.g. RSK, Polkadot, Cosmos, Waves, Ergo)
    Development of DYMMAX decentralized exchange
  • Read More
  • Q3 2021

  • Launch of own decentralized exchange
    Launch of DYMMAX protocol on top of a second blockchain
    Development of cross-chain communication
    Finish DMX Democracy platform implementation

Activity

Activity:
125
MEDIUM
Posts:
49
VERY LOW
Views:
491
VERY LOW
Followers:
1 947
LOW
Likes:
1 828
LOW
Rating:
5
VERY HIGH
Followers:
3 799
MEDIUM
Tweets:
50
LOW
30 Days Growth:
-352
Members:
1 003
LOW
30 Days Growth:
401

DYMMAX Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dmitry Filyaev
CEO
unverified
Mike Yeung
Head of Asia markets
unverified
Tatiana Maksimenko
Head of PR
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dmitry Meshkov
Adviser
unverified

DYMMAX Last News

N/A
5.0 15
IEO Profile Vision Activity Potential Product Team
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