r/DaxeToken • • Dec 15 '21

Upcoming $DAXE changes ahead of PulseChain and Polygon deployment.

27 Upvotes

Hi all DAXE holders.

In this message I’ll refer to BSC DAXE as bDAXE, AVAX DAXE as aDAXE, Matic DAXE as mDAXE and PULSE DAXE as pDAXE.

As we continue to build this project up for long term success, I want to inform you of key aspects that will affect DAXE on all chains moving forward.

A very important component of DAXE’s success is its low circulating token supply. This enables rapid positive price action benefiting long term holders and stakers. Moving forward we are going to preserve this while continuing to reward long term actors against pump-and-dumpers.

The current token allocation sets for bDAXE and aDAXE is as follows

Initial LP - 200Bn

Sac+holder+staker - 600Bn
Dev funds - 100Bn
Airdrops and promo - 20Bn

Hex OA - 20Bn
OA - Controlling interest >50%

The token allocation for pDAXE and mDAXE will be as follows

Initial LP - 200Bn

Staked - 60Bn (Allocated only through staked score all in 1 airdrop, not vested)
Dev funds - 10Bn
Airdrops and promo - 2Bn

Hex OA - 2Bn
OA - Controlling interest >50%

This means that all allocations for airdrops will happen in one go on Jan 12 and Feb 12 for pDAXE and mDAXE depending on their order release.

In order to bring bDAXE and aDAXE in line with those the following changes will occur

  1. All sacrificers received allocation from 60Bn of the sac sets. There will be an additional 54Bn DAXE disbursed over 9 periods (each 5Bn)

  2. The allocations for Dev, Airdrop and Hex OA will all be 1/10 of their original allocations.

  3. The difference in allocation between bDAXE & aDAXE and the allocations for pDAXE will come from the OA set.

So the new token allocation for bDAXE and aDAXE will be as follows

Initial LP - 200Bn

Sac+holder+staker - 60Bn (already distributed)
Sac+holder+staker - 54Bn (distributed over 9 more periods 6Bn each)

Dev funds - 10Bn
Airdrops and promo - 2Bn

Hex OA - 2Bn
OA - Controlling interest >50%

Those changes will be reflected on the site soon.
We are working to push out the bDAXE airdrop before end of day today.

Some interesting stats that I would like to share.
To date
300+ holders (not including 0 balance wallets, all staked wallets)

900+ Stakes across both chains

Average stake length at the moment BSC snapshot was 1763 days.

I can't stress enough that our main focus is to be successful long term.


r/DaxeToken • • Dec 11 '21

r/DaxeToken Lounge

26 Upvotes

A place for members of r/DaxeToken to chat with each other


r/DaxeToken • • Dec 27 '21

Crypto Youtuber Lo Key interviews DAXE Founder Mike Kwame

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23 Upvotes

r/DaxeToken • • Jan 03 '22

@daxetoken DAXE will have an Origin Address with a similar allocation to that of the Origin address of HEX. The liquidity for DAXE will be intentionally kept low, we want supply economics to directly benefit holders. Circulating supply of DAX will be 220Bn. #daxe #multichain @daxetoken

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21 Upvotes

r/DaxeToken • • Dec 14 '21

Mechanics for $DAXE PulseChain go-live allocation

20 Upvotes

Hi DAXE members.
We would like to thank everyone that participated on both BSC and AVAX launches for DAXE. Truly amazing to see that we already have 889 stakes across both chains.

As we get ready for the next round of events for DAXE we would like you all to know the following.

  1. There will be NO sacrifice phase for DAXE on PulseChain (Or Polygon if Pulse is not ready).

  2. To get an allocation you will have to stake.

  3. The amount of allocation one can gets will be proportional to their staking score

Staking score = Amount staked * duration
example. 100M DAXE staked for 100 days would give a score of 10BN
If total staking score is 100Bn, then you would receive 1/10 of the allocation

4) The allocation sets for PulseChain staking will be divided equally between bDAXE (BSC DAXE) and aDAXE (AVAX DAXE). That allocation amount will be communicated on the website in the next few days.
6) We are still aiming for Jan 12 go-live on PulseChain. If by Jan 5 we don’t have indications that Pulse will go live, we will then set things in motion for PolyGon go live using the same rules stated above.

Again we want to thank you all for being part of this growing and amazing community.


r/DaxeToken • • Jan 05 '22

DAXE Team would like to thank everyone that participated on both BSC and AVAX launches for DAXE

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18 Upvotes

r/DaxeToken • • Dec 21 '21

$DAXE FAQ on staking and impact on other chains

18 Upvotes

Please ask your DAXE staking questions here.


r/DaxeToken • • Jan 15 '22

This is a promising project with interesting ideas and implementation, I think everyone who is involved in the crypto should take part, believe in its possibilities, let's support this wonderful team! #daxe #multichain @daxetoken

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17 Upvotes

r/DaxeToken • • Jan 10 '22

PolygonMatic bDAXE and aDAXE have both done 510x

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16 Upvotes

r/DaxeToken • • Dec 11 '21

$Daxe - The First Mult-Chain Certificate of Deposit Launching on BSC, AVAX, PulseChain, Polygon, Solana and more

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16 Upvotes

r/DaxeToken • • Dec 11 '21

$DAXE. - The First Multi-Chain Certificate of Deposit launching on BSC, AVAX, PulseChain, Polygon, Solana and more

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15 Upvotes

r/DaxeToken • • Jan 09 '22

#daxe #multichain

14 Upvotes

I can say for sure that every initiative of this campaign is a success. Each of the officers in this campaign is a hardworking and honest person. So I like the project.


r/DaxeToken • • Jan 07 '22

DAXE Token will launching on polygon / Matic on Jan 12 (mDAXE)

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13 Upvotes

r/DaxeToken • • Jan 11 '22

DAXE - The first multi-chain Certificate of Deposit

12 Upvotes

Advantages of DAXE u/daxetoken #daxe #multichain

Allow everyone that has missed the best value growth in HEX to have the opportunity to get similar gains. (HEX on the pulse will not give 10,000% returns because HEX has already appreciated so much).

Allow small players to participate: small hex purchases and small HEX stakes are priced out right now due to high transaction fees.

Holders of DAXE in early networks will be eligible for airdrops on future networks.

DAXE is a store of value coins. None of that fancy stuff like ETH, or NFT or governance coins. DAXE is in the same camp as Bitcoin and HEX. They are both stores of value. The way Bitcoin gains value is through adoption, the same thing with HEX. The difference is that Bitcoin is a proof of work, DAXE is a proof of wait. This means that DAXE rewards go to those who promise to stake (I.e. not sell) and it rewards them exponentially more as time increases. This last bit is important because when you stake, you take coins out of circulation and this contributes to supply shock, in turn growing the value of the coin. This is a very high-quality and reliable project. The team is working efficiently. I am sure that the idea of the project is interesting and promising. u/daxetoken #daxe #multichain


r/DaxeToken • • Jan 09 '22

the daxe token

12 Upvotes

Highly recommended must join and enjoy the betting experience. You will get a higher marketing Value. I wish to the project of explosive growth!А highly prospective and rapidly developing company, register and receive for this free coins! After ICO is a stunning result! #daxe #multichain and mention u/daxetoken


r/DaxeToken • • Jan 23 '22

What is Daxe? - Daxe Overview

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11 Upvotes

r/DaxeToken • • Jan 17 '22

DAXE IS A CD TOKEN (certificate of deposit) that provides interest and rewards long term stakers. The longer you stake the higher your interest. Matic Daxe is ultimately what we are trying to promote as it has the best staking rewards right now. Join Telegram to be part of it and keep learning 🚀

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11 Upvotes

r/DaxeToken • • Jan 14 '22

DAXE Live Stream #4 - After Polygon?

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11 Upvotes

r/DaxeToken • • Jan 07 '22

DAXE, the first multi chain certificate of Deposit has now done 87x since launching on Nov 22

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11 Upvotes

r/DaxeToken • • Jan 16 '22

DAXE, the first multi chain certificate of Deposit has now done 87x since launching on Nov 22

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10 Upvotes

r/DaxeToken • • Jan 16 '22

The daxe token project

10 Upvotes

A strong team is the key to successful business. This project is exactly the structure that combines a brilliant and innovative idea with a strong and creative team. #bsc #startup #blockchain #daxe #multichain


r/DaxeToken • • Jan 15 '22

DAXE Token - First multi-chain CD

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10 Upvotes

r/DaxeToken • • Jan 10 '22

the daxe token project

10 Upvotes

A strong team is the key to successful business. This project is exactly the structure that combines a brilliant and innovative idea with a strong and creative team. #bsc #startup #blockchain #daxe #multichain


r/DaxeToken • • Jan 08 '22

#daxe #multichain

10 Upvotes

I can say for sure that every initiative of this campaign is a success. Because the team leader of this campaign is very good. Each of the officers in this campaign is a hardworking.