Author

Topic: [ANN] DynX Decentralised Exchange based on BitShares - no KYC required (Read 828 times)

jr. member
Activity: 40
Merit: 1
Craptopia used to provide Litecoin and Dogecoin base pairs.  One of very places to do so.  There's an opportunity, especially for a less centralized exchange, to grab those disaffected users with ltc and doge base pairs.

Not sure if you're still open to making more base pairs, but I loved swing trading litecoin in particular directly against other alts.  Would love to be able to again.

Hello,

Thank you for your proposal.

we are more than happy to consider your idea if we see more community members requesting it.

Feel free to join our discord and chat with us in order to vote your suggestion: https://discordapp.com/invite/K4vkkx3

See you there!

Thank you
member
Activity: 112
Merit: 11
Craptopia used to provide Litecoin and Dogecoin base pairs.  One of very places to do so.  There's an opportunity, especially for a less centralized exchange, to grab those disaffected users with ltc and doge base pairs.

Not sure if you're still open to making more base pairs, but I loved swing trading litecoin in particular directly against other alts.  Would love to be able to again.
jr. member
Activity: 40
Merit: 1


That’s right, it’s true. Today we are launching our new revenue share promotion where we will share 20% of the market fees with all accounts with a Bitshares Lifetime Membership (LTM). We will also enable the “referrer_percent” feature in all accounts created on DynX from now on. Which means an extra revenue stream to LTM accounts that refer new accounts.
Note: The referrer_percent feature will affect only the accounts created from now on. Unfortunately we can not change this feature in the previously created accounts.

How much are we sharing?
LTM accounts can benefit from this promotion by:
Trading DynX Assets:
  • The LTM account will get back 20% of the market fees paid in their trading activities
  • The LTM account will have the normal benefits of this type of account across all the BTS blockchain
Invite new users to create a new account on DynX and make:
  • 10% of their market fees
  • 50% of their BTS fees.

Is there any limit for the amount i can earn?
No, there is no limit. 

Which assets will be available on the promotion?
All of DynX’s created assets!

Is it possible to create a passive income with this promotion?
Yes, it is. When you refer an account, that account will always be your referral and the share of the BTS fees from that account will last forever. The only thing that will end when we close this promotion is the revenue share of the market fees.

How long will the promotion last?
This promotion will last for 30 days, and may or may not be extended. The community will be informed when we remove the “Market fee referral reward” from our assets.

What happens when the promotion ends?
We will remove the revenue share of the market fee and you will keep the “referrer_percent” fees of all the accounts registered using your invite link.

Why is this promotion only for Lifetime Memberships?
There is no option in Bitshares to share revenue with basic accounts. This was the only way we found  to help the growth of the community while sharing profits.

Do i have to pay to have a LTM?
Yes you have. The cost is paid to the BitShares network and the price is: 3031.24 BTS. (aprox 130$)

How do i check my account status and claim my profits?
Simply click on the top right menu and use the “membership stats” and “vesting balances” menus.



Will the revenue earned in this promotion be available immediately?
Yes, The market fee revenue share is immediately available in your “vesting valances” tab.
However, the BTS fees have a vesting period, once it’s over, you can claim your BTS in the same tab.

How do I upgrade my account?
Use the “Membership stats” on the menu described above.

Do i need a different LTM account to use in other Bitshares DEX?
No, the normal LTM account benefits is for the entire Bitshares Blockchain. But the 20% market fees will only be available for the UIAs created by DynX.

Can i use my existing LTM account?
Yes, you can.
You just need to make sure you use the referral link given by DynX to invite new members.

Where can i find the invite link?
The invite link is available on the “Membership stats” page

This is a perfect way to help the growth of DynX white earning a passive income without even have to trade.

Some examples of how some people can benefit from this promotion:

DynX community:
As a part of our community you can also take advantage of this promotion. You already know our platform, our team, our reputation. You can use this new promotion to boost your revenue while inviting your friends to trade on DynX.

DEXbot users:
If you are a DEXbot user, you probably have an LTM account. You’re probably paying 0.2% of market fees without getting anything back. With this promotion you will pay 0.1% market fees and get back 20% of it. It’s a direct cost reduction of 50% + 20% cashback when compared with the average market fees in the BTS ecosystem. And this is just directly talking about your trading activities, if you are able to invite more people to DynX you will make a passive income.

Coin developers:
Core teams of any project listed (or not) in DynX will now be able to create their official account, upgrade it to LTM and make a new income stream to fund their project. It doesn't matter which asset your community is trading. It’s a simple and effective way to get more funding.
Note: The same applies to projects that are approved to the Developer Fund Initiative, you can do both.

Influencers:
If you have a community on Telegram, Discord, Instagram, Twitter, Facebook, Youtube, steemit, medium, etc. and you’re looking for new income streams. This promotion is for you. You don’t even have to trade.
Come chat with us, review our project, and if you like it, share it with your community using your invite link. You can make some money along the way.

Affiliate marketers:
If you work in affiliate marketing, you have a good opportunity to create an excellent marketing campaign by using your referral link. You just need to invest in your LTM account and use your referral link

Together we can take our community to the next level.

If you have any questions about this promotion, feel free to join our discord/Telegram and ask us directly.

We are always available to chat and get your most welcome feedback.

Sincerely,
DynX

Now… the boring disclaimer:
  • DynX reserves the right to change the terms & conditions of this initiative at any given time.
  • By applying to this initiative, you are automatically accepting this terms and conditions.
jr. member
Activity: 40
Merit: 1

We are happy to inform the community that Reddcoin is the first approved project to our developer fund initiative.

This means that from now on, we will share a percentage of all the fees generated in RDD on the DEX.

How much?

It depends on the trading volume, but you can check all the details here.

So, if you are trading RDD, why not migrate a portion of your trading to our markets?

This is a win-win-win situation to all of us.
  • RDD team will be able to receive more donations and keep developing the project.
  • The community will have a place where their trading activities will directly support the project.
  • DynX will be able to grow the community and volume of the DEX.


If you have questions or just want to chat with us, you can find us in the usual spots.



Together we are stronger!

Thank you,


Will you track daily Reddcoin trading volumes on your exchange?

Hello,

The tracking will be done on a monthly basis. All info is here: https://steemit.com/bitshares/@dynx/dynx-developer-fund-initiative

Thank you
jr. member
Activity: 40
Merit: 1
Why did you refuse to hold ICO or IEO? I think the community would support your idea, since you have been working in the field of cryptocurrency for a long time.

We have nothing against projects that are funded with ICOs, IEOs, or any other method, its just not our goal.

Thanks for the idea and believing that we would have support, but we will not do it.

member
Activity: 353
Merit: 10
That is, all transactions on the stock exchange are carried out automatically? So you do not require KYC?

How fast will orders be processed?

Hello,

No KYC.
Transactions are processed in the bitshares blockchain.

Thank you
newbie
Activity: 23
Merit: 0
What is the commission for trading on your exchange? Will there be a commission for the withdrawal of cryptocurrency?

Will I be able to track all transactions through BitShares Explorer?
newbie
Activity: 26
Merit: 0

We are happy to inform that ZCL will be listed in the brand new Bitshares based exchange: DynX

For more info, feel free to contact us:



Will you transfer data on daily trading volumes to Coinmarketcap and coingecko?

Do you plan listing on these resources?
newbie
Activity: 14
Merit: 0
Where does finance come from for developing a decentralized DynX exchange?

I understand you are forming a fund from the income of the mining pool multipools.club?
newbie
Activity: 20
Merit: 0

We are happy to inform the community that Reddcoin is the first approved project to our developer fund initiative.

This means that from now on, we will share a percentage of all the fees generated in RDD on the DEX.

How much?

It depends on the trading volume, but you can check all the details here.

So, if you are trading RDD, why not migrate a portion of your trading to our markets?

This is a win-win-win situation to all of us.
  • RDD team will be able to receive more donations and keep developing the project.
  • The community will have a place where their trading activities will directly support the project.
  • DynX will be able to grow the community and volume of the DEX.


If you have questions or just want to chat with us, you can find us in the usual spots.



Together we are stronger!

Thank you,


Will you track daily Reddcoin trading volumes on your exchange?
jr. member
Activity: 40
Merit: 1
How safe is DynX decentralized exchange to use? I give you access to my private key BITSHARES?

Hello,

We do not have access to your Bitshares private keys. They are yours and only yours. If you loose them, there is no way to recover them.

So i believe it's quite safe Smiley

Come test us and find out for your self!

Thank you
jr. member
Activity: 40
Merit: 1
Is your exchange https://wallet.dynx.io/ already working or is it a test mode and it is better not to use it for trading real coins and tokens?

Hello,

Yes, the exchange is live in bitshares mainnet with real coins.

Come join us!

Thank you
jr. member
Activity: 40
Merit: 1

Update on Developer fund initiative:

Projects approved:
  • Digibyte
  • Reddcoin
  • Groestlcoin


If you trade any of this assets in DynX, we will donate a percentage of the generated fees directly to the core team of this projects.

Thank you




These are the coins that will be added to your decentralized exchange?

Will you encourage traders for active trading on your exchange?

No.

Currently there are 22 assets listed in the DEX. Please check the platform to see all the assets listed: wallet.dynx.io

Of course we encourage traders to actively trade in the exchange. It's our only source of income.

Thanks
newbie
Activity: 21
Merit: 0
Why did you refuse to hold ICO or IEO? I think the community would support your idea, since you have been working in the field of cryptocurrency for a long time.
member
Activity: 353
Merit: 10
As far as I know, the whole essence of decentralized exchanges is in the processing of tokens within one blockchain. How did you implement support for coins and tokens from other blockchains?

Yes, the assets are created in Bitshares blockchain and issued via our gateway
newbie
Activity: 32
Merit: 0
That is, all transactions on the stock exchange are carried out automatically? So you do not require KYC?

How fast will orders be processed?
newbie
Activity: 24
Merit: 0
Is your exchange https://wallet.dynx.io/ already working or is it a test mode and it is better not to use it for trading real coins and tokens?
newbie
Activity: 23
Merit: 0
How safe is DynX decentralized exchange to use? I give you access to my private key BITSHARES?
newbie
Activity: 26
Merit: 0

Update on Developer fund initiative:

Projects approved:
  • Digibyte
  • Reddcoin
  • Groestlcoin


If you trade any of this assets in DynX, we will donate a percentage of the generated fees directly to the core team of this projects.

Thank you




These are the coins that will be added to your decentralized exchange?

Will you encourage traders for active trading on your exchange?
newbie
Activity: 14
Merit: 0
As far as I know, the whole essence of decentralized exchanges is in the processing of tokens within one blockchain. How did you implement support for coins and tokens from other blockchains?
jr. member
Activity: 40
Merit: 1
We are happy to inform the community that RAVENCOIN is now approved to our developer fund initiative.

This means that from now on, we will share a percentage of all the fees generated in RVN on the DEX.

So, if you are trading RVN, why not migrate a portion of your trading to our RVN markets?

This is a win-win-win situation to all of us.

  • RVN team will be able to receive more donations and keep developing the project.
  • The community will have a place where their trading activities will directly support the project.
  • DynX will be able to grow the community and volume of the DEX.

If you have questions or just want to chat with us, you can find us in the usual spots.
Discord
Telegram

## Together we are stronger!

Thank you,
jr. member
Activity: 40
Merit: 1
Update on Developer fund initiative:

Projects approved:
  • Digibyte
  • Reddcoin
  • Groestlcoin

If you trade any of this assets in DynX, we will donate a percentage of the generated fees directly to the core team of this projects.

Thank you

member
Activity: 353
Merit: 10
Is this exchange fully decentralized or are there some backdoors where the developers still have some control left?

Hello,

We have the same integration has the other BTS gateways. Feel free to contact-me directly if you have any other questions.

https://discord.gg/K4vkkx3 -> I'm the admin "Miguel"

Thank you

That means there are placeholder assets and it is centralized to some degree correct?

Correct. as long as there is a gateway there is some degree of centralisation.

Is there anything else we might help you ?

sr. member
Activity: 1009
Merit: 261
Is this exchange fully decentralized or are there some backdoors where the developers still have some control left?

Hello,

We have the same integration has the other BTS gateways. Feel free to contact-me directly if you have any other questions.

https://discord.gg/K4vkkx3 -> I'm the admin "Miguel"

Thank you

That means there are placeholder assets and it is centralized to some degree correct?
jr. member
Activity: 40
Merit: 1
We are happy to inform the community that Reddcoin is the first approved project to our developer fund initiative.

This means that from now on, we will share a percentage of all the fees generated in RDD on the DEX.

How much?

It depends on the trading volume, but you can check all the details here.

So, if you are trading RDD, why not migrate a portion of your trading to our markets?

This is a win-win-win situation to all of us.
  • RDD team will be able to receive more donations and keep developing the project.
  • The community will have a place where their trading activities will directly support the project.
  • DynX will be able to grow the community and volume of the DEX.

If you have questions or just want to chat with us, you can find us in the usual spots.


Together we are stronger!

Thank you,
jr. member
Activity: 40
Merit: 1
DynX Developers fund initiative.

We are a project 100% community oriented and committed to give back to our community. With this in mind, we are starting our Developer fund initiative.

This initiative aims to support projects listed in DynX that are self-funded, rely on donations to keep the development, have an engaged community and a proven track record of active development.

What is the developer fund initiative?
  • DynX commits to donate a percentage of the market fees of the asset in question to the development team of the approved projects.

How much will be donated?

  • The more we earn with the market fees of the project, the more the developer team will get donated.

The structure will consist in 3 levels:
Note: All values in USD based in CoinMarketCap asset value on the last day of each month

Example: If the asset DYNEX.XPTO generated 5M USD trading Volume in June, they will receive a donation XPTO valued in 500USD

Donations:
  • Donation level and amount will be calculated using the stats from a BitShares block explorer at the end of each month and sent to the developer team right after.
  • We will sum the monthly volume off all the active markets of the asset and calculate the donation from there.
  • The txid and the donation amount will be shared with the community via our Blog and social media.
  • The donation will be made in the asset in question.

With this project success we are creating a win-win-win situation for all the community:

Partner project team:
  • Will be able to receive more donations and keep developing the project.

Community:
  • Will have a place where their trading activities will directly support the project.

DynX.
  • Will be able to grow the community and volume of the DEX.

How can a project apply for this initiative?
  • Any person can apply a project for this initiative. Remember, this is a community based initiative. So, even if you’re not part of the team, you can start the process.

Contact our support team using any of the available methods to start the process.

The project i want to add is not listed in DynX. Can we apply?
  • Yes. If the project is not on DynX, we can evaluate the Listing and the approval on the Developer fund initiative

Factors considered to be approved:

Premine:
  • Altcoins without premine will be favored. If you project has a premine, you need to show us that the funds were put to good use.


ICO/IEO or similar:
  • This type of projects are not allowed. They will be automatically rejected.

Donations based
  • Projects that have a track record of how they spend their donations will be preferred.

Community:
  • We will check the community feedback, engagement & growth. This will give us a good insight about the developer team commitment.

Github:
  • To have an active github is a great indicator that the project is being developed and that the funds delivered will be put to good use

DynX:
  • After checking all the topics above, we will decide if the project is fit to be a part of the developer fund initiative.
  • Our decision is final.

Community feedback:
  • If you have any feedback to share about this initiative, feel free to contact us on the usual spots:

Let’s grow together?

Sincerely
DynX - The decentralised trading experience.

DynX reserves the right to change the terms & conditions of this initiative at any give time.
By applying to this initiative, you are automatically accepting this terms and conditions.
jr. member
Activity: 40
Merit: 1
This is excellent, but the start of the project was a long time ago and to assert that either, I think people are interested to know what list of works you have done during this time, sincerely thank you

Hello,

First of all thank you for reply and interest in our project.

Yes, we have started the development of the project months ago and this time was spent on developing the gateway and the the features necessary for a safe and secure platform.

I would like to invite you to check our blog and see all our announcements and when they were done.

At this moment we are currently developing the support for ETH and ERC20 tokens in the platform.
Next development is the tool that will allow us to airdrop a portion of the fees generated in the platform back to the community. No strings attached.

If you would like to know more about the project, join our social media and/or chats. Or simple ask your questions here.

We are 100% community oriented and have all the pleasure in keeping you updated.


sr. member
Activity: 924
Merit: 250
my only address Eth: 0xa3beBBea49563A6D6D....
This is excellent, but the start of the project was a long time ago and to assert that either, I think people are interested to know what list of works you have done during this time, sincerely thank you
jr. member
Activity: 40
Merit: 1
We are happy to inform that ZCL will be listed in the brand new Bitshares based exchange: DynX

For more info, feel free to contact us:
jr. member
Activity: 40
Merit: 1
Is this exchange fully decentralized or are there some backdoors where the developers still have some control left?

Hello,

We have the same integration has the other BTS gateways. Feel free to contact-me directly if you have any other questions.

https://discord.gg/K4vkkx3 -> I'm the admin "Miguel"

Thank you
sr. member
Activity: 1009
Merit: 261
Is this exchange fully decentralized or are there some backdoors where the developers still have some control left?
jr. member
Activity: 40
Merit: 1
New UIAs update:

We are happy to inform that the new UIAs are created and the correspondent assets have been issued to all the holders of the previous UIAs.
All users can now confirm their assets and, if needed, contact support. We’re are available to resolve any possible issues.

The old UIAs are now blacklisted and can not be traded.

Trading, deposits & withdrawals are now back to normal in all markets.

We apologize for the inconvenience.

Happy trading!

Best regards
DynX
100% transparency policy.
jr. member
Activity: 40
Merit: 1
Based on our 100% transparency policy we have an update to the community.

At this moment we are facing an issue with the MAX supply of some of the assets created in the Bitshares blockchain. This issue occurred due to the precision of the assets. We have created the assets with the precision of 8 decimals, and with this precision the max supply allowed is only 10M coins. Well, this represents an issue for assets with large MAX supplies.
This problem would not affect the community in the short run, but it’s better for the community to address the issue now, while we are still launching, than later, when the community is bigger and we need to hassle  thousands of users with platform issues.

So, after careful consideration we will edit more assets than we probably need to make just that this issue will never happen again.

We hope you guys agree with our decision.

Will this affect your assets?

First of all we want to guarantee that this issue, and the solution, will NOT affect the users funds and nothing will be lost.

Why do you need to create a new BTS asset?

Bitshares does not allow to change the precision of an asset after creation, and we need to change the asset precision ir order to increase the max supply of the UIA asset in BitShares Blockchain.

It works like this:
  • 8 decimals precision - Max supply allowed: 10M coins
  • 7decimals precision - Max supply allowed: 100m coins
  • 6decimals precision - Max supply allowed: 1B coins
  • 5decimals precision - Max supply allowed: 10B coins
  • 4decimals precision - Max supply allowed: 100B coins
  • 3decimals precision - Max supply allowed: 1000B coins

What will happen now?

Scenario A:
  • Assets with funds from users.
  • Gateway will be closed for deposits and withdrawals.
  • New assets will be created to replace the current asset.
    • Example: DYNEX.DGB will be replaced by DYNEX.DGBX (On the user interface you will continue to see “DGB” on most of the UI menus, although the real Asset will be DGBX)
  • The same amount of coins will be issued for the user in the new asset.
  • The old asset will be blacklisted and can not be traded.
  • Open orders created in the old asset will be useless and users will need to add new orders. Sorry.

Assets affected by scenario A:
  • DGB
  • LCC
  • DOGE
  • RDD
  • Smartcash

Scenario B:

Assets without funds from users:
  • Gateway will be closed for deposits and withdrawals.
  • New assets will be created to replace the current asset.
  • Example: DYNEX.DGB will be replaced by DYNEX.DGBX
  • The old asset will be blacklisted and can not be traded.

Assets affected by scenario B:
  • XVG
  • XSG
  • VTC
  • RVN
  • XMY
  • BCH
  • PIVX
  • GRS


And the other assets?

The other assets are not affected by this and are working perfectly. You can trade, deposit and withdraw.

Assets not affected:
  • BTC
  • POLIS
  • LTC
  • DASH
  • BTG
  • BCH
  • Zcoin
  • ZEC
  • BTC

How long will it take to fix the problem?

We are working around the clock to have this fixed as soon as possible. It’s our top priority at the moment.
We will let you know when the issue is solved and everything is up and running again.

Thank you for understanding.

Regards
DynX
100% transparency policy.
full member
Activity: 174
Merit: 100
Yey,
Another DEX on BTS \m/
member
Activity: 353
Merit: 10
Houston we have Lift-off!



Today we are taking another important step in DynX history. After months of developing and testing, we are finally ready to launch DynX platform in Bitshares mainnet blockchain.

This is it. Are you ready to join us in this adventure?

We want to start by sharing the list of assets available on DynX:

Base pairs:
  • Bitcoin
  • DigiByte
  • Polis
  • Litecoin Cash - Winner of the base pair competition.
  • BTS

Regular assets:
  • Litecoin
  • Verge
  • Snowgem
  • Vertcoin
  • Ravencoin
  • Doge
  • Dash
  • Myriad
  • Bitcoin Gold
  • Reddcoin
  • Bitcoin cash
  • Pivx
  • Zcoin
  • Smartcash
  • Zcash
  • Groestlcoin

Note: We will continue to add new markets to the list based in our community requests, and applications sent by coin developers.

Listing process:

To get to know more about the listing process, please click here. Be aware that we do not ask for any payment for listing assets.

Projects will be listed in DynX based in meritocracy and community.

Trading fees:

As you already know, we believe that trading fees should be fair, that’s why we have defined all market fees at 0.1%.

This will not change until we launch our innovative fee structure, that is designed to benefit the communities of each project. But one thing is certain, the fees will not be higher than 0.1%.

Feedback and suggestions:

DynX is a project 100% focused on the community, therefore, if you have any suggestions or feedback to share with us, feel free to join our discord or telegram group and chat directly with our team. Our roadmap is not set in stone and will be adapted if the community feedback point us in that direction.

Come meet us!

Next developments:

Now that the DEX phase 1 development is finished, we already started to develop the support for ETH and ERC20 tokens. This will give us the capability to support many tokens that will improve our ecosystem. (AKA - Cryptosphere)

Check our entire roadmap here.


Giveback to the community

To say that we are 100% community oriented it’s not just about fair fees, it’s also about giving back to the community.
After the ETH/ERC20 development, we will develop a tool that will allow us to airdrop a percentage of our profits back to the community.

The more we earn, the more you earn!

More info about this soon.

What makes DynX unique?

Funding: No ICO. Self funded.
  • We are a lean team of 3 members that started to work in Crypto in late 2017 with the launch of the mining pool service multipools.club. In this short amount of time we had more than 18000 registered miners, a happy community and a top notch service with 99% uptime. Now we are committed to take our community to the next level with the launch of DynX. All the costs are 100% funded by the team, without any ICO or any other funding method.

Our competitive advantage.
  • Our vast knowledge of the blockchain space is a great asset and its fundamental for the success of this project. We have grown in the PoW altcoin space and from there we were able to get the technical skills necessary to develop a project of this magnitude. Our team is in constant communication with several communities, which allow us to understand their needs and act accordingly.
    Our main goal is, and will always be, to deliver value to all communities where we are involved.

Long term vision:
  • To create an integrated ecosystem where traders, miners and stakers have common benefits that will help them take their business to the next level.

How can you support DynX?

If you like what you are reading, you can spare 2 minutes of your time to join our live chats and follow our social media.

Social media and chats:

If you are loving it, you can go 1 step further and register a new account on BitShares using DynX platform and use that account to trade your favorite altcoins.

Full disclosure: If you use an account registered on DynX, you will give us a percentage of the fees paid in BTS to the network.

This can be your indirect way to support our team without spending any extra money.

Is there any other way to help the community at the moment?
  • The time has come to suggest/apply ERC20 tokens. This feature is under development but you can start sending your suggestions, or if you are a developer, apply!!
  • Suggest/apply new assets to list on the DEX now.
  • New account on Bitshares and trade
  • Give us your feedback/ideas that you would like to see developed.

jr. member
Activity: 40
Merit: 1
We would like to start by thanking all the users that took the time to test our platform and sent us feedback regarding their experience.
This feedback is extremely valuable to the project.

A big thank you to you all!

3 weeks have passed since the testnet beta version launch and we couldn’t be more happy with our results so far.
Our community has grown more than we were expecting at this point and we now have a twitter page with 290+ followers, a Discord server with 70+ members, and accordingly to our Google Analytics account, DynX has users from all around the world on a daily basis. This results are promising, especially taking in consideration that all of this is organic, without any paid media.

Based on the feedback provided by the community and our internal testing, we have discovered some issues that we are already solving. These issues might delay our mainnet launch by 1 week, but on the other hand, it will make the platform more secure for everyone.

So this is something we can accept gladly, and hopefully you too.

Based in our transparency policy and without compromising the security of the platform, we can say that we will be working on:
  • Backend Wallet security improvements
  • Database ORM fixes

Some users also suggested minor changes in the design of the platform and we will act on that feedback to improve our user interface.

In summary:
  • Some issues were found that might delay the launch by 1 week.
  • Feedback was received to improve the UI, we will take advantage of this time to launch mainnet with this improvements already deployed.

Online poll update:
Our online poll to decide the fourth base pair of the platform is reaching numbers above our expectations in this 3 weeks. We now have more than 3600 votes, which corresponds to an average of 144 votes per day.
Amazing!!
Litecoin Cash and Reddcoin are the 2 most engaged communities in this poll with more than 60% of the total vote count.

Some users from the community are concerned that any of this projects might be creating fake Gmail accounts to keep the votes rolling. Without proof, we can’t act on any of this complaints. But we can leave here a fair warning to the winner:
Fake votes might serve your purpose on the short run, but will do nothing in the long run. If the winning project of this poll does not have relevant trading volume on DynX, we will remove the listing and give a chance to the second winner. If the same thing happens to the second winner, we will create a another poll.

Mainnet launch was supposed to be the deadline for the end of this poll. Since we are planning to delay the launch to the second week for March, we want to give fair warning to all the interested parties that the end of the online poll will not be delayed.

As planned, the poll will close at  the first hour of the 1st of March. (WET timezone.)

Do you have any feedback to share with us? Here’s where you can find us:


Sincerely,
DynX
 
jr. member
Activity: 40
Merit: 1
Hello,

We have announced the following coins to launch until today:


  • Bitcoin - base pair
  • DigiByte - base pair
  • Polis - base pair
  • SnowGem
  • Verge
  • Litecoin
  • Vertcoin
  • Ravencoin
  • Dash
  • Dogecoin
  • Myriad
  • Bitcoin Cash

More coins will be announce in the following days.

Thank you
jr. member
Activity: 40
Merit: 1
Today we share the listing of Litecoin!

Welcome to DynX!

Testnet beta is still running. If you have feedback make sure you share it with us!

jr. member
Activity: 40
Merit: 1
And our 2nd listed asset is... Verge currency!!

A project that needs no presentation. 😀

Welcome XVG community 🚀🚀

Join or Discord and Telegram to get all the updates and know the team and community.

https://t.me/dynxgroup  
https://discord.gg/bWA6FE3
jr. member
Activity: 40
Merit: 1
Guys this project looks very interestin and if im not mistaken, this is the first project of this kind.
But I would like to know why you limit yourself to just one blockchain technology? Exchange should work for everyone. Or will you add any pairs to trade?

Thanks for the support.

Yes we will add lots of trading pairs. For mainnet launch we are preparing more than 20 diffents assets. Which means it will be more than 100 trading pairs.

Until now we have released the following information about trading pairs:
Base pairs: DGB, BTC and Polis.
Base pair competition: this is where the community is voting for the 4th base pair. https://[Suspicious link removed]/forms/mhIza5f1ifvKbnfr2

Normal listing confirmations:
SnowGem.

We will release a new asset every day.

Come chat with us in discord or telegram, we are more than welcome to answer them and get to know you.

Thanks
jr. member
Activity: 40
Merit: 1
I just setup a test account are we testing with play money and how do I get some because my balance is 0

Hello,

You can use any of the testnet faucets available for the coins that are on testnet.dynx.io

If you cant do it, come talk to me in discord, i can send you some coins Smiley

We are looking forward to get your feedback

Thanks
sr. member
Activity: 882
Merit: 254
Guys this project looks very interestin and if im not mistaken, this is the first project of this kind.
But I would like to know why you limit yourself to just one blockchain technology? Exchange should work for everyone. Or will you add any pairs to trade?
hero member
Activity: 906
Merit: 507
I just setup a test account are we testing with play money and how do I get some because my balance is 0
jr. member
Activity: 40
Merit: 1
This week we start sharing our listing assets. The first one is SnowGem

Welcome to our community!

Join or Discord and Telegram to get all the updates and know the team and community.

https://t.me/dynxgroup
https://discord.gg/bWA6FE3
I hope you guys will come up with only good assets as this part is always been very important for the growth of any project.

Thanks for your support.

If you have any feedback to share, feel free to join our discord or telegram and talk to us. Its more than welcome.

full member
Activity: 574
Merit: 100
This week we start sharing our listing assets. The first one is SnowGem

Welcome to our community!

Join or Discord and Telegram to get all the updates and know the team and community.

https://t.me/dynxgroup
https://discord.gg/bWA6FE3
I hope you guys will come up with only good assets as this part is always been very important for the growth of any project.
full member
Activity: 574
Merit: 100
Based on Bitshares is interesting, Looking into more details about DynX and you guys have my best wishes for the future of your project.
jr. member
Activity: 40
Merit: 1
This week we start sharing our listing assets. The first one is SnowGem

Welcome to our community!

Join or Discord and Telegram to get all the updates and know the team and community.

https://t.me/dynxgroup
https://discord.gg/bWA6FE3
jr. member
Activity: 40
Merit: 1
Base pair competition status:

Total votes 726
  • 1st: Reddcoin
  • 2nd: Litecoin Cash
  • 3rd: Electroneum

For more info and vote, please visit: https://dynx.io

Thank you
jr. member
Activity: 40
Merit: 1
We are happy to inform that we are now accepting asset listing applications.

Please check all the necessary information to apply here: https://steemit.com/dynx/@dynx/listing-process-for-new-assets

For more information don't hesitate to contact us:

https://t.me/dynxgroup
https://discord.gg/bWA6FE3
https://support.dynx.io/

Thank you

I like a self-funded project and this project is on my watchlist currently, but please can you stop spamming your ads all over the thread? it does not look good and my faith in your project is affected too because of your action. Nobody will believe you if you have nothing, try to improve the way you promote it.
get in touch with the developer directly and make an agreement with them, it is more effective compared to spamming all over the thread.

Thanks for your suggestion Javi.

Actually we have advertised in 2 posts. Obviously that we are contacting developers directly and doing all the necessary work to get to know them in private.

Once again, thanks for the feedback!
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
We are happy to inform that we are now accepting asset listing applications.

Please check all the necessary information to apply here: https://steemit.com/dynx/@dynx/listing-process-for-new-assets

For more information don't hesitate to contact us:

https://t.me/dynxgroup
https://discord.gg/bWA6FE3
https://support.dynx.io/

Thank you

I like a self-funded project and this project is on my watchlist currently, but please can you stop spamming your ads all over the thread? it does not look good and my faith in your project is affected too because of your action. Nobody will believe you if you have nothing, try to improve the way you promote it.
get in touch with the developer directly and make an agreement with them, it is more effective compared to spamming all over the thread.
jr. member
Activity: 40
Merit: 1
We are happy to inform that we are now accepting asset listing applications.

Please check all the necessary information to apply here: https://steemit.com/dynx/@dynx/listing-process-for-new-assets

For more information don't hesitate to contact us:

https://t.me/dynxgroup
https://discord.gg/bWA6FE3
https://support.dynx.io/

Thank you
member
Activity: 353
Merit: 10
so you guys are coming for cryptobridge's crown huh....

nice to see a project that's entirely self- funded.

Wish you all the best.



Hello BitPotus,

Thanks for the support.

We are aiming for a different position than Crypto Bridge. Our objective is to create a Decentralised exchange that benefits the community and works to create value for miners, stakers and traders!

if you have any feedback or ideas to share, come chat with us in Telegram or Discord Smiley

Once again, thanks! Smiley
hero member
Activity: 1050
Merit: 604
so you guys are coming for cryptobridge's crown huh....

nice to see a project that's entirely self- funded.

Wish you all the best.

full member
Activity: 174
Merit: 100
Hi everyone,

I'm part of the DynX Team as well (tech part), if anyone needs some clarification, just ask!
jr. member
Activity: 40
Merit: 1
Reserved for updates
member
Activity: 353
Merit: 10
EDIT: 27/6/2019

Houston we have Lift-off!



Today we are taking another important step in DynX history. After months of developing and testing, we are finally ready to launch DynX platform in Bitshares mainnet blockchain.

This is it. Are you ready to join us in this adventure?

We want to start by sharing the list of assets available on DynX:

Base pairs:
  • Bitcoin
  • DigiByte
  • Polis
  • Litecoin Cash - Winner of the base pair competition.
  • BTS

Regular assets:
  • Litecoin
  • Verge
  • Snowgem
  • Vertcoin
  • Ravencoin
  • Doge
  • Dash
  • Myriad
  • Bitcoin Gold
  • Reddcoin
  • Bitcoin cash
  • Pivx
  • Zcoin
  • Smartcash
  • Zcash
  • Groestlcoin

Note: We will continue to add new markets to the list based in our community requests, and applications sent by coin developers.

Listing process:

To get to know more about the listing process, please click here. Be aware that we do not ask for any payment for listing assets.

Projects will be listed in DynX based in meritocracy and community.

Trading fees:

As you already know, we believe that trading fees should be fair, that’s why we have defined all market fees at 0.1%.

This will not change until we launch our innovative fee structure, that is designed to benefit the communities of each project. But one thing is certain, the fees will not be higher than 0.1%.

Feedback and suggestions:

DynX is a project 100% focused on the community, therefore, if you have any suggestions or feedback to share with us, feel free to join our discord or telegram group and chat directly with our team. Our roadmap is not set in stone and will be adapted if the community feedback point us in that direction.

Come meet us!

Next developments:

Now that the DEX phase 1 development is finished, we already started to develop the support for ETH and ERC20 tokens. This will give us the capability to support many tokens that will improve our ecosystem. (AKA - Cryptosphere)

Check our entire roadmap here.


Giveback to the community

To say that we are 100% community oriented it’s not just about fair fees, it’s also about giving back to the community.
After the ETH/ERC20 development, we will develop a tool that will allow us to airdrop a percentage of our profits back to the community.

The more we earn, the more you earn!

More info about this soon.

What makes DynX unique?

Funding: No ICO. Self funded.
  • We are a lean team of 3 members that started to work in Crypto in late 2017 with the launch of the mining pool service multipools.club. In this short amount of time we had more than 18000 registered miners, a happy community and a top notch service with 99% uptime. Now we are committed to take our community to the next level with the launch of DynX. All the costs are 100% funded by the team, without any ICO or any other funding method.

Our competitive advantage.
  • Our vast knowledge of the blockchain space is a great asset and its fundamental for the success of this project. We have grown in the PoW altcoin space and from there we were able to get the technical skills necessary to develop a project of this magnitude. Our team is in constant communication with several communities, which allow us to understand their needs and act accordingly.
    Our main goal is, and will always be, to deliver value to all communities where we are involved.

Long term vision:
  • To create an integrated ecosystem where traders, miners and stakers have common benefits that will help them take their business to the next level.

How can you support DynX?

If you like what you are reading, you can spare 2 minutes of your time to join our live chats and follow our social media.

Social media and chats:

If you are loving it, you can go 1 step further and register a new account on BitShares using DynX platform and use that account to trade your favorite altcoins.

Full disclosure: If you use an account registered on DynX, you will give us a percentage of the fees paid in BTS to the network.

This can be your indirect way to support our team without spending any extra money.

Is there any other way to help the community at the moment?
  • The time has come to suggest/apply ERC20 tokens. This feature is under development but you can start sending your suggestions, or if you are a developer, apply!!
  • Suggest/apply new assets to list on the DEX now.
  • New account on Bitshares and trade
  • Give us your feedback/ideas that you would like to see developed.

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