As promised, on Thursday, December 10, the first DGTX mint was conducted according to the DGTX Mint Schedule published on the blog this week. In this article, we provide you with all the links to all the transactions and wallet addresses. This is to show you where the new DGTX tokens have been allocated and how they will be spent when Digitex City beta opens its doors.

The First DGTX Mint

The first 300 million DGTX were minted in the following transaction, and are available for everyone to view on etherscan here:

https://etherscan.io/tx/0xc87d84d4e778313b66c82bfa557a559e3c04596a07b0cfb207b8991b7c2ca9ab

As you know, token minting is Digitex’s method of sustaining a commission-free trading environment for all traders. And, as our project has grown, we have evolved into catering to different types of participants in the crypto ecosystem. Not everyone in crypto is a trader–but everyone in crypto wants to make money. 

Therefore, token minting has now extended beyond a means of generating revenue and will now also compensate participants in our generous rewards and incentives programs. You can see all the wallets listed here:

https://etherscan.io/address/0x72d217e193b8d0170cc667995290ea07af3e5d2a#tokentxns

Please see the breakdown of the transactions and wallets below that show where and how the new DGTX will be used. 

1. Liquidity Mining Rewards Wallet – 90M DGTX

The first 90 million DGTX were sent to the Liquidity Mining Rewards wallet below:

0xB344A93C84987258836481e9d4d423b6aA8e586A

You can view this in the below etherscan transaction:

https://etherscan.io/tx/0xbbe740674fa815ee4f3b04f418e98bf803078fa08e8a835fe580ef941b27c812

1 million DGTX will be paid out daily in liquidity mining rewards. This amounts to 90 million DGTX for the first quarter of 2021. These rewards will be available to receive on all the markets on our exchange, both futures and spot. In this way, we encourage our users to act as market makers on the exchange keeping professional market makers out of Digitex City and rewarding users generously in return. It’s a win-win situation for all.

We’ll be posting detailed information on our website soon about how rewards are calculated and allocated as well as a Liquidity Mining Rewards leaderboard page in the Trade area and more information on how to get started racking up DGTX rewards.

2. Pool Rewards Wallet – 60M DGTX

60 million DGTX have been sent to the Pool Rewards wallet here:

0x783dD0dd4066e05E00a49B4060fea180F48b5839

You can view this in the etherscan transaction below:

https://etherscan.io/tx/0x00b5deaa7f42fc53cb783db00dfdec67ad00975f6d21166426a04bccd61e9711

60 million DGTX will be paid out every three months for our various rewards programs via decentralized exchanges. If you lend liquidity to any of our markets on Uniswap and Balancer (coming soon), you will earn attractive rewards with high APYs. Not only does this create high on-chain liquidity for DUSD and DGTX but it also gets Digitex City in front of huge new audiences and pays a generous reward. Win-win-win.

3. DUSD Creation Rewards Wallet – 45M DGTX

45 million DGTX have been sent to the DUSD Creation Rewards wallet here:

0xB829bc29C32E6f71E2B57cfA70a3fFe831EDec98

You can view this in the etherscan transaction below:

https://etherscan.io/tx/0xc998a5f4ec493839844e08dd656c01b74e252f414c6c99338597a3d7cbcf0fe5

We will be paying out 500,000 DGTX daily in DUSD Stablecoin Creation Rewards which takes us to our first quarter 2021 budget of 45 million DGTX. Through this program, you can earn daily rewards by collateralizing your DGTX tokens to release DUSD stablecoins from the Digitex Vault. Your interest payment will be paid in DGTX tokens, based on the amount of DGTX you have collateralized for DUSD creation. We’ll be walking you through how to do this as soon as Digitex City goes live on December 15. 

4. DUSD Bonds Rewards Wallet – 30M DGTX

30 million DGTX have been sent to the DUSD Bonds Rewards wallet here:

0xB7A8EfFc9d84C528FaF987f04F6BA9D5ABC411Fb

You can view this in the etherscan transaction below:

https://etherscan.io/tx/0x205e0f1b521c216951844355e8acc76d7dbc2d17b6ae825846764619d1fa7a53

As Adam mentioned in his latest AMA, DUSD bonds won’t be ready upon the initial launch of Digitex City, but they will be following shortly after. 300,000 DGTX will be paid out daily in DUSD Bond interest payments, taking us to the 30 million DGTX budget for DUSD Bond interest payments in the first quarter of 2021.

Users will be able to earn daily interest payments simply by buying DUSD-denominated bonds that pay a fixed income in DGTX. More information on this coming soon.

5. DUSD Market Making Wallet – 25M DGTX

25 million DGTX have been sent to the DUSD Market Making wallet here:

0xAF74cAA4BBfB1C121e3D1FEB23Da3333A4C9f2B3

You can view this in the etherscan transaction below:

https://etherscan.io/tx/0xdfa0c868a8728806f279cea784985ceeebcd926f3e4ba4f7f8ce9f28635539f3

These 25 million DGTX have been allocated to act as a seed fund for initial DUSD creation to ensure that we have DUSDs to kickstart the exchange when we open the doors. 

6. Affiliate Program Wallet – 25M DGTX

25 million DGTX have been sent to the Affiliate Program wallet here:

0x714DC7694c493537d8A71695808f427b04Ce03F5

You can view this in the etherscan transaction below:

https://etherscan.io/tx/0x1b53bdd1e9990ea33244419e921e669fb2247ed6ae81ba2d2e8a1bf1574171f7

If you’ve been following the Digitex project, you’ll know that we’ve had tremendous success with affiliate programs in the past in terms of building up new users, growing the community, and spreading the word about our project. That’s why we have decided to allocate 25 million DGTX every quarter to incentivize users and influencers to send us high-quality traffic and new users who will have to buy DGTX and DUSD to take part in our various money-making opportunities.

7. Digitex Treasury Wallet – 25M DGTX

25 million DGTX have been sent to the Digitex Treasury wallet here:

0x6f4E749C3f8290E32b9Db6Bcf98aCf242cb6aA2D

You can view this in the etherscan transaction below:

https://etherscan.io/tx/0xa991731d55ec3a4a1bf208fedfca45057f4384be5487b89ec4db086cd7e36473

The Digitex Treasury allows us to fund continued operations through our ongoing token sale to the public. Adding an additional 25 million to the Treasury will help us to continue providing the zero-fee ecosystem at the core of our brand.

If you want to take part in any of the above programs, be sure to stock up on DGTX now and get ready to start accruing rewards. And if you have any questions, be sure to let us know through the usual channels.