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.
TokenomicsThe 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/USTX6http://t.me/ustx_enhttps://ustx.io/https://github.com/ustx/ustx-dex