Digitex offers zero-fee futures trading. In order to sustain this model and don't punish our customers by charging fees, Digitex created the DGTX token (see etherscan.io). These newly minted tokens will ensure the prosperity of the exchange in a way that Digitex will be able maintain the zero-fee trading. Also, it will provide Digitex with extra DGTX tokens which will be used for marketing, liquidity mining, staking and other prosperious activities for holders of DGTX tokens. Here is the full list of activities:
Liquidity Mining Rewards
DGTX will be paid out daily in liquidity mining rewards. 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 and rewarding users generously in return. It’s a win-win situation for all.
DGTX will be paid out every three months for our rewards programs via decentralized exchanges. If you lend liquidity to our market on Uniswap, for example, you will earn attractive rewards with high APYs. Not only does this create high on-chain liquidity for DGTX but it also gets Digitex in front of huge new audiences and attention to generous rewards.
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 DGTX every quarter to incentivize users and influencers to send us high-quality traffic and new users who will have to buy DGTX to take part in our various money-making opportunities.