Position Exchange

The protocol is fully owned & governed by its community and offers a wide range of DeFi products for all kinds of users in an open, transparent and trustless system where everything runs on-chain. The platform is designed to deliver all the advantages of Decentralized Finance whilst bringing the traditional Centralized Finance experience and tools onboard.

Users can Trade Crypto Derivatives, Generate passive income through farming and staking, Invest and borrow, Dive in the NFT world, Participate in Governance and Community activities in a True Decentralized system. Position Exchange with its large Ecosystem and long-term vision is aiming to be the Decentralized Crypto Platform of choice

Position Exchange is empowered by the POSI token, its native utility token serving as the backbone of its Ecosystem. Holders can benefit from multiple advantages and use POSI in other features developed by the Platform.

Position Exchange Token(POSI)

POSI is Position Exchange’s native BEP20 token empowering its ecosystem. Unlike most of the recent tokens created by other exchanges mainly for crowdfunding purposes and for reducing the trading fees, POSI comes with a different and unique approach. All the fees and revenues from the protocol will be distributed back to all POSI holders by a mechanism called Buy-Back and Burn fully on-chain. This would mean, just by holding POSI you’re a stakeholder and will be able to receive a share from the revenue.

A Deflationary token:

Controlling the price of POSI as well as the total circulating supply of tokens will be our top priority. Position Exchange’s team is implementing several anti-inflation measures to keep POSI price stable, encourage holding and ensure the best benefits of the holders.

The measures include Anti-whale to prevent price manipulation, setting a harvest lock-up period to prevent farming arbitrage bots from constantly harvesting and dumping in addition to constant buying back and burning of POSI tokens, and reducing block emission.

100% of the fees generated from the Derivatives Trading Protocol will be used to Buy Back and Burn POSI tokens.

Our Smart Contract adds a 1% fee to each transaction that would be proportionally divided to all POSI holders, which would incentivize HODLing, using RFI technology.

Cases of use:

- POSI token holders can generate passive income by staking their tokens in the staking pools and receive rewards in return - See Staking section
- POSI token can holders can farm LP tokens - See Farming Section
- POSI token can be used to cast NFTs - See NFTs section
- POSI token holders can participate in the platform’s governance by proposing and voting for changes
- POSI token holders will be sharing a 1% fee from transactions while just holding the tokens
- POSI token holders can perceive Trading Protocol fees discounts
- And much more to come

POSI Tokenomics

A crypto project without solid and sustainable Tokenomics is more likely to be disorganized and purposeless, because tokens serve two crucial primary functions: Capturing the value and incentivizing the growth. The Position Exchange's team is designing and will always design future token economy models with these key ideas in mind.

Position Exchange will be running highly cost-effective incentive programs and initiatives to help facilitate and ensure the continuous growth of the platform and the POSI community. In the meantime, the POSI token will be the perfect vehicle for encapsulating and representing the value of the Position Exchange’s economy and ecosystem, and the collective value of the platform will be shared equitably and very generously with our loyal supporters.

As outlined in Position Exchange's token distribution, 80% of the POSI total token supply is reserved for the community. This is a substantial proportion and amount of tokens and it is hard to plan out all the incentive programs at first. As our platform continues to grow and users number to increase and more product features mature, the subject of value encapsulation will become more challenging .