AMA with DEXO
Mahmoud (Will Never DM)
Danil |Dubai Community:
Hello
We are so Glad to have AMA with Dexo
Today we have Dexo Alpha- CEO To tell us more about it @DexoAlpha
Dexo Alpha:
Hello everyone.... thank you for having me here today. Glad to be here today with such a wonderful community.
Danil |Dubai Community:
how are you nice to meet you are you ready?
Dexo Alpha:
Certainly, Its my pleasure to be here today.
Danil |Dubai Community:
Let's get started with introduction Questions
Kindly type "Done" after answering to avoid any confusions!
So before we start learning about "Dexo" would you like to introduce yourself first?
Dexo Alpha:
Ofcourse, Hello everyone, Myself Dexo Alpha- Founder & CEO Dexo Exchange.
I have total experience of 12 years in blockchain development, trading platform innovation and testing. I have served over 6 years to a renowned DeFi platform as CTO.
DONE
Danil |Dubai Community:
The first question
Q1.What is the biggest advantage of Dexo
Dexo Alpha:
This has been my most favorite question to answer so far, before I start about the advantages, here's the short story of creating this project.
While serving as CTO into DeFi Space, One common thing would I always face- Gap between a centralized & decentralized exchanges.
As we all know, centralized exchanges offer great services(convenience and reliability to their users) However, these CEXs are controlled by a centralized authority that defies the core principle of Blockchain Technology- Anonymity, Transparency & Control.
On the other hand, well established decentralized exchanges offer great anonymity and trust but lack efficiency and convenience.
To accelerate the adoption of cryptos and decentralized finance as a whole, There has been a long time demand for a truly decentralized a protocol that effectively combines the pros of both centralized and decentralized exchanges. Unfortunately, Several attempts have been made to address this problem, but most remain ineffective.
Dexo is the World’s 1st C-DEX decentralized exchange which aims to provide unified products with simplified trading experience like any CEX exchange on its first ever C-DEX Protocol. Dexo is focused on building world-class decentralized products that offer the convenience and reliability of existing centralized alternatives. All in all, C-DEX offers transparency, reliability, affordability, and convenience in a single platform interface like no other decentralized exchange in the market.
DONE
Danil |Dubai Community:
Q2.Can you share your current roadmap? What are some of the major milestones of the roadmap?
Dexo Alpha:
As we started, a lot has been added to our year to end plans, This was only possible due to a strong community support and a real need of such a protocol. As per our plans for the current year, we have got a-lot to offer:-
🔵Mainnet Launch- Dexo AMM Trading & Advanced NFT Marketplace
🔵Mainnet Launch- Dexo Farms, Pools & Staking
🔵Beta Testing- Dexo C-Dex Order-Book Trading
🔵Full Security Audit for Dexo Smart Contracts
🔵Dexo Tokens Presale Launch
🔵Marketing Drive & Community Building
🔵DEXO Token Listing on Multiple CEX Exchanges
🔵Mainnet Launch- Dexo Cross-Chain Support
🔵Dexo Bug Bounty Program Launch
We will also be getting DEXO Token exchange lisiting within the same year as we always believe creating a product first than to market it. Our MVP is ready and live for testing and soon we will be going mainnet.
Done
Danil |Dubai Community:
Q3.Can you tell us how Dexo works
Dexo Alpha:
Hope, community wouldn't mind if I take more time to answer this interesting question...
Danil |Dubai Community:
Take your time
Dexo Alpha:
Dexo is the World's 1st decentralized exchange which leverage C-DEX Protocol, which serve as a "Unified Platform to a Decentralized World with Simplified Trading without any intermediate or central authority.
One stop platform consisting of wide spectrum of DeFi products.
Say Hello to Dexo Exchange: C-DEX is a one-of-its-kind decentralized cryptocurrency exchange with the potential to change the way crypto traders and investors engage with DEXs. C-DEX combines the pros of centralized and decentralized exchanges to offer a holistic trading experience for our users.
With C-DEX, the user can effectively perform all the traditional DeFi activities such as swapping, farming, mining, and staking with a whole new range of new offerings which are currently being offered by only large centralized exchanges.
Our offerings aren't confined to decentralized trading platforms only. We aim to cater to a wide spectrum of DeFi products with the latest innovation in blockchain technology to bring ease and convenience to our users.
Dexo is focused on building world-class decentralized products that offer the convenience and reliability of existing centralized alternatives.
All in all, C-DEX offers transparency, reliability, affordability, and convenience in a single platform interface like no other decentralized exchange in the market.
DONE
Danil |Dubai Community:
great 🔥
Q4. Can you tell us what goal you would like to achieve in 2023
Don't Forget To Join 🔥🔥
https://t.me/DexoOfficial
Dexo Alpha:
As we know, Mostly DEX's are known for offering security, anonymity, and transparency. Most decentralized exchanges currently in the market today are doing a great job in these areas. However, they are still plagued by cons such as failed trades, delayed order execution, front-running, high slippage, and the absence of many other advanced features which are being offered by centralized exchanges.
These factors discourage traders from opting for decentralized exchanges. Instead, they prefer using a centralized exchange free of these draw backs and with many offerings under a single platform. But in doing this, they are giving up control of their funds.
Our goal is determined to provide the global access of our decentralised products offering the pros of a centralised exchange, innovative, non-custodial decentralized exchange, C-DEX takes decentralized trading to a whole new level by solving users' problems, Users can trade directly from their wallet app.
Danil |Dubai Community:
Interested 👌
Dexo Alpha:
Dexo has its own developed solutions to provide an advanced trading experience with traditional AMM & Orderbook terminals on its platform to the users. The advanced orderbook will provide features like Limit Order, Market Order, Stop Loss etc at a minimum fee with the convenience of regular centralized exchanges while keeping everything decentralized.
This will enable users to enjoy faster transactions speed leveraging our C-Dex Protocol, User will experience CEX's like fast execution of your orders with zero gas fees using off chain order book feature, and pay only for executed orders.
Dexo is using Ox protocol relayer mechanism, Dexo aims to accelerate the transaction speed with complete anonymity while users completely control their assets.
DONE
Danil |Dubai Community:
Then we have finished our first segment
Thanks for your cooperation ♥️
Now
let's start The second stegment
"Twitter Questions"
The first question
Q1 From @MANGOES53
What conditions do we need to fulfill to trade on Dexo Exchange? Identity verification ? Are there any restricted areas? And why should I use Dexo Exchange instead of today's big exchanges like Binance, Huobi...?
Dexo Alpha:
Dexo is completely non-custodial decentralized exchange which requires No Registration, No KYC, Truly Decentralized.
Our Principal is very simple: Let every digital asset holder experience a truly safe, free of intermediates and transparent DeFi service.
As an innovative non-custodial decentralized exchange, C-DEX takes decentralized trading to a whole new level by solving users' problems, Users can trade directly from their wallet app. Unlike centralized exchanges like Binance or Coinbase, Dexo doesn’t hold users' funds:
Our offerings aren't confined to decentralized trading platforms only. We aim to cater to a wide spectrum of DeFi products with the latest innovation in blockchain technology to bring ease and convenience to our users, and compete with any centralized exchange.
Dexo has many features which makes it user's 1st choice, Users can perform technical analysis and trade cryptos and derivatives with advanced order types such as Limit, Market, Stop-Loss, Take-Profit etc, NFT marketplace, Index trading and much more under a sinle interface that too completely decentralize way, Hope this would excite you to give it a try.
DONE
Danil |Dubai Community:
Q2 From @SaraTaLor77
How strong is your team? Many projects starts with good impression and later abandoned the project. What makes your project different than others?
Dexo Alpha:
Most important question these days as we all see many new projects with world's class innovation promises and failing to achieve it.
To cover this, All I would say, we are a multi-talented, dynamic team of blockchain network experts, technologists, entrepreneurs, and engineers from all walks of life. As we continue to grow, we’re committed to recruiting the brightest top-performers and industry experts to help us continue to bring our vision to life.
We are one of those projects, who build the product first before floating it into the market, As I said before we have covered majority of our development phase (most crucial one), we have initiated internal testing for our future products already, there is no look back for Dexo.
As you can see Dexo roadmap, many major features are being launched in a very short span of time, and that's all because we invested our time, money and qualities to build a MVP.
We are the first project, which has a secured lisiting prices, meaning even if presale doesn't do well due to bear phase, we are still heading to our vision and commitments.
DONE
Danil |Dubai Community:
Q3 From @berfytr
I read that has implemented various functions of different blockchains within its ecosystem. What has been the purpose of this implementation? How will this system help to improve the performance and operability that users and players will have within your platform?
Dexo Alpha:
Surely, let me explain this.
To accelerate the adoption of cryptos and decentralized finance as a whole, there is a real need for a protocol that effectively combines and connects all isolated blockchains within its ecosystem & to build a cross-chain asset exchange network, which provides all necessary underlying support for the DeFi ecosystem.
As we say....Let every digital asset holder experience a truly safe, free and transparent DeFi service without the need to jumping multiple screens and platforms.
As these factors discourage traders from opting for decentralized exchanges. Instead, they prefer using a centralized exchange free of these draw backs and with many offerings under a single platform. But in doing this, they are giving up control of their funds.
That won't be the case with Dexo Exchange. Users will have 100% ownership of their assets and funds while using Dexo platform.
As we all know one of the biggest DEX Pancakeswap was launched solely to serve AMM, however they have now many third party services like limit orders thru Gelato, wherein C-DEX is a future proof protocol and aims to be updates as and when it needed.
DONE
Danil |Dubai Community:
Q4 From @Kiya454531788
Can you assure us that this won't be one of those projects that come out, do a lot of marketing sell their tokens & just disappear or under perform? How secure & safe is your smart contract from vulnerabilities & bugs that even the developers can't exploit it?
Dexo Alpha:
As mentioned in my previous answer, we are one of those projects, who have built the product first before launching and marketing its features to the investors and users. Major development phase (including most innovative ones), have been built and under testing phase. You can still use our MVP www.dexo.exchange to see how we are working, and if that makes us different than those incomplete projects. There is no look back for Dexo.
Security has been the top priority for our whole team and we have got our contracts audited by SecuriLab. You can access our audit report here: https://github.com/SECURI-Cybersecurity-Audit-KYC/Audit-Report/blob/907f484bee2ea1bc8a95078e2d91969bd8dff271/Full%20Audit%20Report%20for%20DEXO.pdf
Dexo team consist of dedicated network specialist which makes a separate dedicated space to keep our project safety on a highest priority.
DONE
Danil |Dubai Community:
Q5 From @Rahad743352331
I think many people are interested in the #Dexo_Official both in terms of characteristics and functionality. So can you tell us what are the advantages of holding #Dexo_Official long term? What steps would you take to attract more users and educate them?
Dexo Alpha:
Glad to hear, people are understanding and showing interest into the Dexo idea.
As we know the paradigm shift towards financial decentralization is arguably one of the most important revolutions of humankind in the 21st century. Moving away from the centralized financial system brings tons of advantages and ultimately economic biases.
Financial democracy is quintessential for any economy to prosper, and fortunately, the process has already begun with the invention of blockchain technology and cryptocurrencies.
As we all can see the real need of true decentralized world, systems and whatever is possible, we hope to see Dexo has a very long way to go.
As of now Dexo is the only DEX to offer such a wide range of protocol (completely decentralized), under a single user-friendly platform.
Few of our ongoing protocols:-
AMM
Orderbook Trading
NFT Marketplace
Launchpad
Perpetual Trading
Index Trading
Lending Borrowing
Gamification
These features alone has immense capabilities and scope to remain a leader in the market.
Not to forget, Dexo connect all isolated blockchains and establish a cross-chain asset exchange network.
This is a true power in true hands without any intermediate.
Done
Danil |Dubai Community:
Thanks for your awesome answers ✅
Now we will open the chat and the audience will send their questions
And you will choose 5 questions from them
Are you ready?
Dexo Alpha:
Thank you so much for your cooperation. Yes that's my favorite zone.
Danil |Dubai Community
Prepare your questions guys 😊
Please note that no more than 3 questions are allowed
We will open chat now 🔥
Q1 FROM
Supar Hero:
Where can I buy your tokens right now what is your current contract and how can I buy them??
Dexo Alpha:
You can buy DEXO from our official website. www.dexo.org
You can find all necessary information including contract details. We are also providing dedicated 24/7 Presale support seeing DEXO adoption from many first time users.
Q2 FROM
David Killed:
Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
Dexo Alpha:
Hello David
certainly, we do have a strong burn mechanism
In the near future, as & when Dexo Ecosystem is fully developed & functional, DEXO Tokens will be burned in the following ways:
100% of DEXO Tokens performance fees from IFOs
100% of DEXO Tokens spent on Profile Creation on Dexo NFT Marketplace
100% of DEXO Tokens bid during Farm Auctions
20% of DEXO Tokens spent on Dexo Games
2% of every yield harvest in the Auto DEXO Pool
Burn Pool (PID - 138) - burned DEXO per block
Staking Rewards is lunching in next coming weeks. You can read more about it on our official whitepaper.
Q3 FROM
𝗡𝗔𝗧𝗔𝗦𝗛𝗔:
Can I currently buy Dexo Token?
Dexo Alpha:
DEXO token is in presale phase, and will be released once presale is over.
User's will be able to use DEXO Tokens in many ways on Dexo Exchange
Q4 FROM
Neha Kishori:
Do you have AUDIT certificates,
or,
Are you working to AUDIT your project, to make It more secure and reliable ?Thank you, sir
Dexo Alpha:
Yes, Dexo contracts are audited, and you can find our audit report here: https://github.com/SECURI-Cybersecurity-Audit-KYC/Audit-Report/blob/907f484bee2ea1bc8a95078e2d91969bd8dff271/Full%20Audit%20Report%20for%20DEXO.pdf
Q5 FROM
KD Pathak:
My Question:
Do you have a whitepaper?
If you have, Please share it with us.
Lastly, Do you have plans for pre-sale?My Question:
Do you have a whitepaper?
If you have, Please share it with us.
Lastly, Do you have plans for pre-sale?
Dexo Alpha:
Yes, please read our whitepaper here: https://docs.dexo.exchange/dexo/dexo-exchange-whitepaper
DEXO Presale is already live and we have already raised over $1.4 million, Our presale is in Stage-2 and DEXO token exchange listing is planned for December 10th.
Mahmoud |Dubai Community|:
so now can you please share with us some Useful links
Dexo Alpha:
🔥World's 1st C-DEX Decentralized Exchange🔥
Dexo is the World's 1st C-DEX Intermediate Blockchain Exchange which will bridge the gap between Centralized & Decentralized Worlds of Cryptos.
Token Name: Dexo
Token Symbol: DEXO
Maximum Supply: 1 Billion
Network: Binance Smart Chain
Contract: 0xFcfC325875C949F049649101082F703000CB205d
Exchange Lisiting: 10/12/2022
Raised $1.4 Million in just few weeks. Stage 1 is SOLD OUT & Stage 2 Presale is Live
✅ Team KYC Verified
✅ Contract Audit Done
✅ Team Tokens Locked for 3 Years
✅ Treasury Tokens Locked for 4 Years
✅ Beta Version Live & Functional
✅Public Presale Live
✅Burn Unsold Tokens
✅100% Community Driven
✅100% BSC Scan Verified
⚡️⚡️Join Live Presale: https://www.dexo.org
#Trending on Major Crypto Sites
#Featured in MarketWatch- The 3rd Most Visited Finance website in the World!
Below are some of the useful links.
About Project: https://docs.dexo.exchange/dexo/dexo-exchange-introduction
Team KYC Paas | Smart Contract Fully Audited |
Presale Url: www.dexo.org
Social Links:
Official Website | Whitepaper | Contract Audit Report | KYC |Follow on Twitter |Telegram |
Danil |Dubai Community:
thank you for your very interesting answer. I am
really glad to host you today
Would you like to explain anything more?
Dexo Alpha:
Thank you for having me here today, It was really a useful and important discussion I had with you all.
Hope to see you soon.
Mahmoud |Dubai Community|:
you're always welcome ❤️❤️
Danil |Dubai Community:
have a great day ❤️