🎁How Are Contributors Rewarded?

The DeXter token is minted to reward voluntary contributors following a governance vote by our community. There is not and never will be a token sale. Please be aware of scams!

First and foremost, contributors to the project will receive the respect and admiration of the Radix community for their enviable contribution to web3 and decentralised governance... ☺️ and if that isn't enough, we also have a few other incentives to share:

The DeXter Token (DEXTR)

DeXtr is the token that represents the project. It is rewarded periodically to our contributors following a governance vote by the community.

Every 2 weeks, previous contributors have the option to nominate other contributors who they feel should share a proportion of the rewards minted in that cycle.

100,000 tokens are minted every 2 weeks, with 5% automatically awarded to a treasury to support future development of the platform. The remainder is distributed to active contributors. Please see the tokenomics page for further details.

Trading Fees

All trades originating from the DeXter app will earn a platform fee, as described here. Accumulated platform fees will be distributed to contributors proportional to their DEXTR holdings so holders can be rewarded in XRD depending on the volume of trades originating from DeXter.

Utility

We are exploring other potential ways of providing utility to the DEXTR token, for example using DEXTR in place of XRD for trading fees, and are working on a staking model to enhance rewards. Further details to be announced as developments progress.

DeXter Domains

Thanks to XRD.domains, we have reserved the dexter.xrd domain and are able to mint sub-domains to reward contributors and promote the project. Subdomains can be requested by active contributors and will be issued after XRD Domains goes live on mainnet. Please note that subdomains remain under the ownership of Dexter, but can be controlled exclusively by our contributors.