what's this i hear about A2A? a new utility token?
I found a good answer for this.
The question was:
What is the A2A token used for?The answer:
A2A tokens are used as an intermediary in every trade on STeX using A2A
technology. The problem is that while working with hundreds of different assets,
you need a measurement system to evaluate all the tokens in order to create
cross-rates, calculate commissions, do all the internal accounting. So, we used an
additional token for that purpose. It was designed with self-balancing supply
capabilities ruled by the smart contract on the Ethereum network and internal
market making pool in other currencies on STeX platform.
Furthermore, we have a promotional system to attract users and make their
trading activities more profitable (especially, for active traders who may suffer
from turnaround commissions).
By mixing these two concepts together, we have created a STeX utility token
named A2A after the technology Any2Any that we invented and used to create
10,000 cross-rates.
The additional utility function of this token is to provide an easy to account tier
system for commission discount for all users on the STeX exchange. There are no
passive income opportunities, no profit sharing in the A2A token, and, at the same
time, it should be very attractive for the users to buy, use and hold in order to get
extra discounts and unlock the professional features on STeX which will be
available only for professional traders with a sufficient amount of commissions
paid to the system.In other words, for those who want dividends, it is best to stick to STE.
That's right.
For those wanting a piece of the pie in the dividend distribution, they need STE tokens.
Whitelist to buy STE tokens:
https://stex.exchange/stewhitelistNext ICO Price: 400 STE per 1 ETH or 2.5 ETH per 1,000 STE
18% discount from Feb 1 to Feb 28 - 2.05 ETH for 1000 STE (WL)
12% discount from Mar 1 to Mar 31 - 2.20 ETH for 1000 STE (WL)
6% discount from Apr 1 to Apr 15 - 2.35 ETH per 1000 STE (WL)
Maximum STE supply available by the whitelist: 10,000,000 STE
🚀 STeX Exchange Alpha release is scheduled to March 27, 2018 14:00 GMT