USTX: a TRC20 token and a multiasset DEX with algorithmic liquidity management

[ustx_io]

No intermediaries, directly from DEX
Two rounds, 4 weeks duration
Round 1: 10M USTX @ 0.01USDT
Round 2: 10M USTX @ 0.012USDT
Max 2000USDT single purchase
90% USDT liquidity locked in the reserve
10% USDT liquidity for development
The tokens are sent immediately.

The project is built around two pillars: the USTX token and the DEX. The token is a TRC20 contract, deployed on Tron blockchain, implementing the needed features to enable simple transactions at very low fees. The DEX is the core of the project. A smart contract actively manages all exchange transactions on the USTX/Stablecoin pairs (USDT, TUSD, USDJ, USDC), with the goal of keeping the internal stablecoins reserve at a certain level compared to the circulating market cap of the token. If the reserve is above the target level, the system allows price expansion during up-trends of the market and dampens price reductions during down-trends, reducing volatility. If the reserve is below the desired level, the system reduces the expansion and damping effect, to recover the reserve levels. All this is managed on-chain, without the intervention of the owner of the contract. The stablecoins reserve is locked inside the DEX contract and is verifiable on chain by any user. This provides intrinsic value to the USTX token. Being multiasset, the reserve guarantees resiliency. Also, since the price action is not based on oracles, it's immune to avalanche effects in case of price fluctuations of the stablecoins. The smart contracts are audited and open source.

Tokenomics
The USTX project aims to be sustainable. 90% of the liquidity raised during launchpad will be locked in the DEX reserve, while the remaining 10% will be used for short term website and ecosystem development.
5% of the USTX liquidity raised during Launchpad will be shared as rewards among the community testnet participants.
During normal DEX operation a 1% fee (applied only on sell transactions) will guarantee long term sustainability of the project.
After launchpad the token will be traded starting from 0.015USDT price.

Main links:
http://twitter.com/USTX6
http://t.me/ustx_en
https://ustx.io/
https://github.com/ustx/ustx-dex

[otemwan]

Could you please share the project roadmap and tell us a little about your intentions for 2021 and 2022?

[michas178]

What role does the community play in your project? And How can we participate or assist in the distribution of tokens for the project's development?

I think that we will be informed about this soon, follow their twitter or telegram group

[Lmaria16]

Hey everyone, I hope you had good weekends, so can I ask what's so special about this token? In short

[michas178]

Guys, we all must put some effort into expanding this project, cuz it has insane potential

[Regillio]

I think that many would not be too lazy to invite people to the project if there was a ref program here

I agree it would be a good idea to add a ref program, it would definitely not hurt

[sirluke79]

The launchpad has ended with more than 100k$ raised. Now the token is live on our DEX for unlimited trading: 180,000$ in liquidity, only going up from here.

For info, airdrops and gaming contests for holders, visit our TG t.me/ustx_en

To buy USTX now, go to our DEX dex.ustx.io