Our initial farming program was a massive success, with over 305 million DGTX tokens taking part in ETH and BTC pools. Total rewards amounted to 12 ETH and 1 BTC, at the time valued above $64,000. That’s right, returning nearly 50% APY for its participants!
Both programs are now finished, but there will be others
This initial launch allowed us to test our farming tool, and at the same time, market it to other tokens and upcoming launches. Projects willing to list on Digitex spot exchange are strongly incentivized to offer similar farming programs for their native token.
The pool’s deposits will be used for market making, therefore adding value for Digitex users while at the same time generating a return that will be used to pay the token stakers. It’s a win-win!
Next in line: Blockster (BXR) farming
Our social network Blockster has been an enormous success, with over 100,000 users on the waitlist so far. This incredible project has set aside 250K tokens for Blockfarm staking, which will be valued above $550K after the final sale phase.
Therefore, both DGTX and BXR token holders will significantly benefit from the media attention that Blockster has attracted.
Traders: We’ve listened to you, API is in progress
Improving user experience is a top priority at Digitex, and our team focus has been API connectivity and services. After lots of user feedback, we understood the importance of participating in our liquidity mining program. Once our new API is in place, it will be possible to partner with external bots. Work on external bots has been in progress, and will be available with the release of the new API.
Our zero-fee trading model is the perfect environment for arbitrage, quantitative trading, and DeFi integration. We take responsibility for not prioritizing the API, and because of that, our product manager will interact more regularly with you guys on how to improve Digitex.
Stablecoins are coming, no more exclusively DGTX pairs
We’ve also heard your complaints about the volatility risks of our DGTX denominated futures markets. Therefore, we are actively developing stablecoin denominated futures markets where traders can stake DGTX to reduce or eliminate trading fees.
More trading pairs bring more users, and increases liquidity
By improving our API and releasing our stablecoin denominated futures markets, we will be able to support a much larger audience and increase our liquidity.
Our team’s ability to develop new products and features this year is moving at a much faster pace. We will continue to research and develop products and services to make Digitex even more competitive as the year progresses. Our in-house team is growing and highly motivated to succeed, so it’s only a matter of time.
Thank you for supporting us. Without your feedback and referrals, it would never be possible for our company to grow and get this far.