A Powerful Boost for DEXTShare and Incredible Marketing Opportunity For Token Teams
In the world of DeFi, many trading decisions are made based upon the fundamental aspects of a project. DEXTools has continually embodied their ethos of token analytics by giving traders the tools by which they can further explore those foundations. Today we are glad to announce the inclusion of the next step in the fulfillment of that mission: DEXTnews.
What is Token News?
DEXTools has begun giving projects the power to post relevant, critical, and time-sensitive news right inside their Pair Explorer page. DEXTools’ viral news aggregation system maximizes the confluence of news and data simultaneously. This gives developers access to over 100 thousand users who swim through the most exciting, impactful token pairs. What better way of informing investors about critical project updates than by listing it right in that tokens specific real-time pair?
How does it work?
To submit news and updates for a project, simply contact DEXTools via one of the listed avenues. In order for your token news to be accepted it must be submitted through the listed channels for approval and addition onto the platform. This system requires a minimal fee in order to validate the authenticity of the request and ensure high-quality news updates for our users.
How will this effect the DEXTShare?
DEXTShare already boasts one of the industries leading modelled APY emissions via the automatic release of the DEXT token. Highlights include:
Revenue From Token News:
- 50% will be added to the monthly burn schedule
- 50% will be added to the monthly DEXTShare allocation in addition to the other concurrent sources of DEXTShare proceeds.
With over 1500 active tokens being consistently traded on the Uniswap platform, most of which are analyzed through DEXTools, the DEXTShare impact of Token News will be undeniably profound. As most projects are seeking cost effective, results-orientated marketing avenues, DEXT News gives developers that exact opportunity.
Impact on modelled APY of the DEXTShare
Although adoption of the Token News remains to be seen, early interest and modelling suggest that the DEXTShare APY can see an increase under conservative estimates of 10–20% APY. This would lead to a conservative APY model total for DEXTShare at 87–97%.
Expected and bullish modelling would suggest an addition to APY of 30% and 40% respectively leading to their total modelled APY of 202% and 336% in those scenarios.
As we have added more factors to the DEXTShare contributions, the modelling becomes multi-dimensional and should be considered as projections with a larger influence of assumptions. A relative mix of considerations for conservative/expected/bullish now include:
- Team contributions to the DEXTShare — 1M DEXT tokens per month until November 2021
- 90% of subscription revenues beginning Jan 1 2021 (50% in December 2020)
- 50% of all Token News revenues effective December 2020
DEXTools remains committed to bringing the most valuable trading tools and insights to the market for decentralized trading. A part of that commitment is continuing to evolve the platform for all of our users in addition to continuing to build multi-dimensional value for our token holders and premium members.
Welcome to the #DEXToolsStandard and the #HubOfDeFi.