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What is DeFinity (DEFX)?
DeFinity is a decentralized DeFi exchange, specialized in trading traditional and digital FX via smart contracts. It focuses on providing real-time settlement and clearing for spot FX trading.
DEFX is the native utility token used for:
- Governance: Token holders can vote on major events and decisions of the exchange and protocol, benefiting the wider community and decentralized services.
- Staking and Trading: Staking and participation fees are central elements of the decentralized exchange and protocol. Network providers and participants can stake their tokens against trading pairs and receive a percentage of network fees.
- Rewards: Token holders can enjoy trading fee reductions, referral programs, and other additional rewards.
DEFX tools include:
- Clarity app: An interface for retail investors to participate in DeFinity's FX and digital asset trading.
- Clarity Pro platform: Enables professional traders to execute FX trades, monitor PnL, and utilize reporting blotter for back-office deals.
How Many DEFX Coins Are There in Circulation?
The DEFX token launched on May 26, 2021, with an initial supply of 8,764,545 DEFX tokens. The supply allocation includes rewards (50%), token sale (27%), development and marketing (10%), team (10%), and advisors (3%). Vesting schedules are in place for various stakeholders.
Who Are the Founders of DeFinity?
DeFinity was created by two experienced partners:
- DMALINK: With established customer relationships and contacts in the FX industry, DMALINK has connections with 50 top investment banks and hedge funds.
- WeOwn: A technology provider that developed a hybrid blockchain for the financial market in 2017.
The founders of DeFinity include:
- Manu Choudhary, CEO
- Sascha Ragtschaa, CTO
- Michael Siwek, Chief Revenue Officer
- Ashwind Soonarane
- Chris Park, Chief Commercial Officer
- Florian Batliner-Staber, Chief Product Officer
Where Can I Buy DeFinity (DEFX)?
DEFX is available for trading on various exchanges, with cryptocurrency and stablecoin pairs currently offered. Liquidity pools are available on Uniswap.
Answers
What is DeFinity (DEFX)?
DeFinity is a decentralised DeFi exchange, specialised in trading traditional and digital FX via smart contracts, with a focus on providing real-time settlement and clearing for spot FX trading.
DEFX is the native utility token used for:
- Governance: Token holders can vote on major events and decisions of the exchange and protocol, benefiting the wider community and decentralised services.
- Staking and Trading: Token holders can stake their tokens against trading pairs and receive a percentage of network fees generated via the network and protocol.
- Rewards: Token holders receive additional rewards, including trading fee reductions and referral programmes.
DEFX tools include:
- Clarity app: Interface for retail investors to participate in DeFinity's FX and digital asset trading.
- Clarity Pro platform: Enables professional traders to execute FX trades, monitor PnL, and utilize the reporting blotter to send deals to the back-office.
How Many DEFX Coins Are There in Circulation?
The DEFX token launched on May 26, 2021, with an initial supply of 8,764,545 DEFX tokens. The token distribution is as follows: 50% allocated to rewards, 27% offered at token sale, 10% allocated for development and marketing, 10% to the team, and 3% to advisors. Various vesting schedules are in place for different stakeholders.
Who Are the Founders of DeFinity?
DeFinity was created by two experienced partners:
- DMALINK: Established customer relationships and contacts in the FX industry with 50 of the top investment banks and hedge funds.
- WeOwn: Technology provider that developed a hybrid, purpose-built blockchain for the financial market in 2017.
The founders of DeFinity are:
- Manu Choudhary, CEO
- Sascha Ragtschaa, CTO
- Michael Siwek, Chief Revenue Officer
- Ashwind Soonarane
- Chris Park, Chief Commercial Officer
- Florian Batliner-Staber, Chief Product Officer
Where Can I Buy DeFinity (DEFX)?
DEFX is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available. You can find liquidity on Uniswap.
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