dVest (DVEST) tokens are the governance token for the dVest CEX and related projects.

jecxkoplax (25)in #dvestlabs • 3 years ago

As we all know, the emergence of blockchain technology has changed the world to be more beautiful. In fact, almost every private and local company in the world has started to implement the most advanced technology, namely by using Blockchain Technology. The emergence of blockchain has connected the financial industry in a more seamless and modern way, on the one hand Cryptocurrencies have grown significantly in recent years. These developments make cryptocurrencies better and can be applied to more complex financial cases. Especially with the dVEST Labs project that can help us all to get maximum results, especially for crypto investors, dVEST Labs is a transparent, unique, secure platform-based project and of course this project will change the world of Cryptoqurrency to be beautiful and will bring great benefits to users and investors.

About DAO & DVEST LABS.

A decentralized autonomous organization (DAO) is an entity with no central leadership. Decisions get made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain. DAOs are internet-native organizations collectively owned and managed by their members. They have built-in treasuries that are only accessible with the approval of their members.

dVest Labs is a decentralized autonomous organization (DAO) operated by its community and developers. All decisions are handled by public vote, and all operations, finances, investments, holdings, and decision making are 100% transparent, blockchain verifiable, and fully decentralized.

About Tokens

Additionally, the following tokens play important roles within the ‘dVest Ecosystem’:
dVestDAO (dDAO) tokens are the governance tokens for dVest Labs and its holdings. dDAO holders vote on the direction of the organization and how funds are to be spent, and funds can only be spent with a majority vote. dDAO holders share in the profits generated by dDAO holdings and investments.

dVest Labs (dLABS) tokens are the governance tokens for the dVest Labs Venture Fund. All proceeds from purchases of dLABS tokens go directly into the dVest Labs venture fund, where dLABS holders vote on which ventures should be approved, and funds can only be spent with a majority vote. All funds, distributions, investments, assets, holdings, and decision making are 100% decentralized, public, and blockchain verifiable. dLABS holders share in the profits generated by dLABS investments.

dDEXX (DDEXX) tokens are the reward token paid to users who provide liquidity and use the farms/pools on dDEXX, the dVest decentralized exchange (DEX).

CPI (CPI) tokens are a governance token, used to represent an interest in the health of the CPIX token ecosystem.

CPIx (CPIx) tokens are backed by component assets, held via an escrow smart contract. In order to mint CPIx tokens, componement assets must be deposited to the balancer pool. Users can mint CPIx Tokens by depositing token assets, such as ETH or wrapped BTC. In order to redeem tokens, users can redeposit their CPIx back to the smart contract, simultaneously receiving their underlying assets and burning the CPIx specific to that contract, e.g. CPI5. The token will then self balance.

Author
Forum Username: Loxalix
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2458325
Telegram Username: @Loxalix
BEP-20 Wallet Address: 0x2ED434f1d64B49A586a0B819160C5131aE29133d

#crypto #blockchain #defi #dao #protocol