[ANN] The Next-Gen Decentralized Exchange & Trading Platform
Position Exchange team is pleased to announce the launch of its new Decentralized Exchange and Trading Platform. With our unique protocol and its special features in the DeFi industry, Position Exchange is aiming to become the Derivatives trading platform of choice and the most decentralized, community driven platform by excellence.
What is Position Exchange?
Position Exchange is the new Decentralized Exchange platform, powered by a virtual Automated Market Maker (vAMM) and operating on Binance Smart Chain (BSC), aiming to bridge the gap between people and the cryptocurrency markets and enhance trading experiences.
The platform is designed to deliver all the advantages of Decentralized Finance whilst bringing the traditional Centralized Finance experience and tools onboard.
Position Exchange offers easy and accessible on-chain Derivatives trading with high leverage, low slippage and low costs on Crypto assets and much more to come.
“Our Vision is to build the most decentralized and community driven platform in the DeFi industry, where every single user plays an important part of the decisional process by having an effective role in defining and shaping Position Exchange and its future development.”
Our long-term view is what would set us apart from other startups. Guaranteeing the long term reliability of the platform and continuous benefits for POSI holders (native BEP-20 token to Position Exchange) are our ultimate goals.
Our Main Features
Position Exchange provides a set of great features and products and aims to become the decentralized exchange platform of choice.
The core features of Position exchange consists of on-chain Derivatives trading on Crypto assets as a start (with a plan to expand into other assets in the future), NFTs, Staking, Farming as well as a Build feature offering easy and fast built on-top API creation.
- Trading derivatives on Defi with a focus on Futures contracts
- Staking POSI tokens into Pools and generating rewards
- Farming that allows Liquidity Providers to earn rewards by facilitating transactions
- Introducing POSI NFTs as a new feature with a process encouraging the community to hold tokens and maintain its stability
- DAO and API building allowing a strong participation of the community on the future development of Position Exchange
Position Exchange Token(POSI)
POSI is Position Exchange’s native BEP20 token empowering its ecosystem.
A Deflationary token:
Controlling the price of POSI as well as the total circulating supply of tokens will be our top priority. Position Exchange’s team is implementing several anti-inflation measures to keep POSI stable, encourage holding and ensure the best benefits of the POSI community.
The measures include Anti-whale to prevent price manipulation, set a harvest lock up period to prevent farming arbitrage bots from constantly harvesting and dumping in addition to constant buying back and burning of POSI tokens and reducing block emission.
100% of the fees generated from the Trading platform will be used to Buy back and Burn POSI tokens.
Our Smart Contract adds 1% fee to each transaction that would be proportionally divided to all POSI holders, which would incentivise HODLing, using RFI technology.
Case of use:
- POSI token holders can generate passive income by locking their token in the staking pools and receiving rewards in return — See Staking section.
- POSI token can be used to cast NFTs — See NFTs section.
- POSI token holders can participate in the platform’s governance by proposing and voting for new ideas.
- POSI token holders will be sharing 1% fee from transactions while just holding the tokens.
- And much more to come.
The Total supply of POSI tokens will be set at 100,000,000 tokens, starting with an emission rate of 5 POSI per block.
1% Airdrop
1,000,000 POSI tokens will be distributed on the Airdrop as a first step. Participants can then register in the whitelist lottery to take a part of the exclusive public sale.
5% Public Sale
5,000,000 POSI tokens will be available for the public sale. The generated funds will be deployed to add Liquidity and support the Marketing strategy of Position Exchange.
10% Team and Advisors
The tokens will NOT be available to the team immediately but will rather be minted over time. Position Exchange’s team will retain a position of 10% of any new minted token ensuring a community driven and fair launch.
4% Liquidity
The tokens will be immediately available for the general functioning of the platform.
80% For the Community
The vast majority of the POSI tokens will be dedicated to the community through staking and farming rewards. This is one of the highest shares addressed to the community in the existing protocols!
Device Coverage
Position Exchange will provide trading clients and platform compatibility on:
- Web-based
- Android
- IOS
Our Team
Position Exchange is a decentralized platform designed for the community. The team members and collaborators behind the projects are multidisciplinary and have extensive experience in Programming, Smart contract & Blockchain development, Finance, Trading and Crypto industries along with a high understanding of economic conditions.
Our Spirit
Building a completely Decentralized Exchange and Trading platform that allows a full and transparent participation of the community to shape Position Exchange’s future. Our main vision is to build a community driven protocol, using innovative instruments in order to support POSI holders and boost the token value during the development process.
By the Community — For the Community — Don’t trust us, Read the code!
Learn more about Position Exchange and find us in the following platforms:
Website: position.exchange
WhitePaper: https://position.exchange/whitepaper.pdf
Reddit: https://www.reddit.com/r/PositionExchange/
Medium: https://positionex.medium.com
Twitter: https://twitter.com/PositionEx
Telegram: https://t.me/PositionExchange
TG Channel: https://t.me/PositionAnn
