What is NEXDEX?
NEXDEX is a decentralized perpetuals exchange hosted on its own L1 blockchain, NEXDEX Chain. The main features of NEXDEX include full transparency, a high-performance blockchain and trading terminal, as well as incredibly stable methods of generating additional income for years to come.
NEXDEX's entire infrastructure hinges on a single coin, NDT, combining all benefits of an exchange coin and beyond. Over the course of ~5 years (75 epochs) from the mainnet launch, every 25 days (epoch), 2,800,000 NDT are distributed among all traders depending on the amount of trading fees paid. Thus, 42% (210 mil.) of the total NDT supply will be mined through the Trading Reward mechanism.
To incentivize liquidity growth, the Open Liquidity Program was developed. Under this program, every epoch liquidity providers share a payout of 1,000,000 NDT based on the amount of provided liquidity. This way, 15% (75m) NDT of the total supply will be mined over the course of ~5 years (75 epochs) in parallel with Trading Reward payouts.
The NEXDEX reward system is designed to incentivize all market participants, including both takers and makers, to trade more.
All earned trading fees are distributed 100% to NDT and AXM stakers!
There are 2 staking rewards:
Share of network fees. 100% of all NEXDEX Chain network fees (in NDT) are distributed among NDT stakers.
Share of trading fees. 100% of trading fees (in USDT) are distributed among NDT and AXM stakers: 50% to NDT stakers and 50% to AXM stakers.
What is AXM and the Axiome project?
AXM is another L1 project from the NEXDEX developers, whose main task is to build a scalable ecosystem of advanced DeFi solutions, including NEXDEX, constantly increasing rewards for AXM coin stakers.
From day one, there are 5 ways to earn rewards in Axiome:
Mining new AXM for up to 20% as staking rewards.
Share of Axiome Chain network fees as staking rewards.
Partnership program.
Leadership bonuses. Those who actively participate in the partnership program and scale the Axiome community receive additional rewards weekly. 5,000,000 AXM were staked for this purpose from the start, and all staking rewards earned by this wallet are distributed weekly among users.
Block validation. Sign blocks, mine new AXM for delegators, and earn your fees.
+ With the launch of NEXDEX, AXM stakers will also start receiving 50% of all exchange trading fees directly in the Axiome Wallet app.
The key task of Axiome is to scale the community for all our DeFi projects by paying generous staking rewards to AXM holders. All ecosystem projects, such as NEXDEX, share part of their rewards with AXM stakers in exchange for the most loyal and active Axiome audience, which is growing rapidly.
Advantages
Advanced but easy to use interface
We have simplified the understanding of trading without sacrificing functionality! For example, the new position view and settings window speeds up your performance and gives you the opportunity not to miss the best setups.
Trading Reward
By trading as usual, every week you receive additional NDT based on the amount of trading fees paid. This is how coin emission occurs, as well as stimulating trader activity and exchange liquidity growth.
Staking
Start earning a share of all the exchange income by simply staking your NDT! Staking contributes to reduce NDT circulating supply on the market, as well as increasing the decentralization of the network.
NEXDEX Chain
Our L1 is built using advanced technologies for professional DEX trading, such as on-chain order book and protection from Front-running attacks through the use of Frequent Batch Auction (FBA) algorithm.
Zero network fees
The responsibility for all network fees is taken care of by the developers team, you only pay trading fees!
Robust Coin
The importance of NDT cannot be overstated: it stimulates trader activity, increases liquidity, enhances network decentralization, and reflects your share of 50% of the trading fees earned by the exchange.
Hedging risks
By receiving payouts from Trading and Staking Rewards, you give yourself the opportunity to partially or fully offset your trading risks.
Stable Investment
Regardless of the price of NDT, you guarantee yourself a steady income in USDT! Staking a volatile coin brings you a stablecoin.
Full openness for the sake of performance
The Ranking section is designed to leverage the full transparency of NEXDEX. Add the strongest traders to your favorites list and learn to trade with the best!
A "slight" interdependence of NEXDEX advantages on each other:
More trading volume -> more Trading Reward payouts.
More Trading Rewards -> the opportunity to stake more NDT.
More staked NDT -> more Staking Reward payouts.
More Staking Rewards -> more USDT for trading + more NDT for staking.
More USDT for trading -> more trading volume (back to the beginning).
More Staking Reward -> higher stable USDT income for years to come.
More Trading and Staking Rewards -> a better chance of ending the trading week in profit.
And yes, more trading volume -> better trading fee conditions, but that's a pleasant addition compared to the previous points.
Global Mission
Enable trading of all assets on NEXDEX! For this reason, immediately after the launch of the mainnet, we will actively start integrating new markets as well as spot cross-chain trading. This is guaranteed to increase the scalability of fee collection and lead to a noticeable increase in Staking Rewards. NEXDEX's mission is to create a central DEX that will diversify NDT stakers' revenues across different markets.
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