[ANN] DexTrust | A decentralized exchange backed by Community (Trade on Uniswap)

[Murat]

[1715195056]

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[1715195056]

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[1715195056]

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[1715195056]

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[Murat]

📣We are excited to announce our Staking details that will be launched on or before September 5th💥💥💥

5.000.000 DETS is allocated for 1st year(Annual) of staking period---50% of total staking rewards😋

1 Month(Staking term) : Not less than 4% ROI
Compound Function✅
Non-compound Function✅
Referral rewards (1%) ✅
No initial deposit fee on staking✅
Burn feature integrated✅(90% of all fees is sent to burn address)

1⃣Compounders (Can't unstake until Staking period elapse)
  🔹5% flat fee on matured staking term(on rewards)

2⃣Non-compounders: Users in this category can unstake anytime:

▶️Before half of staking term: 10%      fee(on rewards)
▶️ After half of staking term: 5% fee(on rewards)

🔹Matured staking term: 2% flat fee(on rewards)

Minimum stake:1000 DETS✅


⚡️⚡️⚡️The wait is finally over, Dextrust Staking is LIVE !!!⚡️⚡️⚡️

https://stake.dextrust.trade

User Guide:
https://medium.com/@dextrust/dextrust-staking-user-guide-af9802e44c4?sk=97c7f98fce6597a08ada9fca9efeb037

⚡️Make use of your referral  link to get an extra 1% on your staked token ⚡️

[wmaurik]

actually want to try staking this token, it's just that when I see the roadmap of this project I think it's too long, especially the new dex project that has sprung up has a relatively shorter roadmap, maybe I will include dextrust as my watchlist project for later,btw besides uniswap is there a plan to add another exchange?

[kojektea]

Minimum staking is 1000 DETS, I see that a few people will do this, let's see clearly for the current erc-20 based transaction, it is very expensive so it is possible that some people do not make transactions at this time, besides that is also what makes people interested in following staking program? And what's the difference with the projects out there?

[Twinkledoe]

Though it is not hard to attract DEX users but usually the problem is keeping them as active users. Once their token that they are following dies down, they will go to another dex. So what will be the plan from this DEX to maintain their traders and not lose interest? Remember we have DEX coming up everyday. So the competition is always there.

[Dextrust_Defi]

actually want to try staking this token, it's just that when I see the roadmap of this project I think it's too long, especially the new dex project that has sprung up has a relatively shorter roadmap, maybe I will include dextrust as my watchlist project for later,btw besides uniswap is there a plan to add another exchange?

we are currently working on listing on a centralized exchange, we understand many traders find it difficult to buy Dets due to current high gas fee.

Though it is not hard to attract DEX users but usually the problem is keeping them as active users. Once their token that they are following dies down, they will go to another dex. So what will be the plan from this DEX to maintain their traders and not lose interest? Remember we have DEX coming up everyday. So the competition is always there.

Dextrust is a community-driven Dex, community & holders have the responsibility of taking decisions in various governing aspects from listing process of tokens to other major aspects, you can always upvote your opinions or suggestions to make traders active on the platform, Giving power back to the community.

[nira09]

I saw on the Dextrust site, that this project has 5 teams, but the team's profile photo has not been displayed, nor is their Linkedin account or social media account. when will you update the information?

[reap_chain]

Dextrust ERC-20 token will be liquidity fuel for the platform, giving back power to the community and holders also. That is pretty good idea

[Dextrust_Defi]

I saw on the Dextrust site, that this project has 5 teams, but the team's profile photo has not been displayed, nor is their Linkedin account or social media account. when will you update the information?

The team is anonymous for now, we decide to be private as the attention might be too much and might interfere with our normal lifestyle,  that is why we used LID to lock 3000 eth forever to give the investors confidence that we are here to stay.

[CaVO32]

I saw on the Dextrust site, that this project has 5 teams, but the team's profile photo has not been displayed, nor is their Linkedin account or social media account. when will you update the information?

The team is anonymous for now, we decide to be private as the attention might be too much and might interfere with our normal lifestyle,  that is why we used LID to lock 3000 eth forever to give the investors confidence that we are here to stay.

When do you think will be the right time for you to disclose your team members? Because right now, the competition is really getting tougher and if it is an exchange backed by the community, sometimes sustaining their interest will be one of your main challenges here. Also, are you sure that 3000 eth can be locked forever? Please define forever here.

[Rikafip]

Where's the whitepaper and github entries if this has been going on since 2019?

This is quite logical question, when you see that project is in development since 2019 ( at least according to the roadmap) yet again they were unable to finish whitepaper, even though they were supposed to make content in Q1 2020  ( again according to roadmap) and we are now at the end of Q3. To be fair, they said on Telegram that whitepaper will be released soon, but makes you wonder what the hell they did last two quarters.

What we see here is standard practice really, setting roadmap way back so it appears that a lot of effort has been put into the project, while reality is a bit different, based on the website content they provided. You gotta use the current hype, no time for trivial stuff

[Bitstar_coin]

Where's the whitepaper and github entries if this has been going on since 2019?

This is quite logical question, when you see that project is in development since 2019 ( at least according to the roadmap) yet again they were unable to finish whitepaper, even though they were supposed to make content in Q1 2020  ( again according to roadmap) and we are now at the end of Q3. To be fair, they said on Telegram that whitepaper will be released soon, but makes you wonder what the hell they did last two quarters.

What we see here is standard practice really, setting roadmap way back so it appears that a lot of effort has been put into the project, while reality is a bit different, based on the website content they provided. You gotta use the current hype, no time for trivial stuff

Very well said bro and all pointed well pointed out, for a project who claim to be around since 2019 yet don't have a proper whitepaper is a bit questionable, and i found it a bit strange that the team remain anonymous in this project, an act i don't find necessary considering there aren't violating any rules, this does not display any level transparency in my opinion.

[nira09]

I saw on the Dextrust site, that this project has 5 teams, but the team's profile photo has not been displayed, nor is their Linkedin account or social media account. when will you update the information?

The team is anonymous for now, we decide to be private as the attention might be too much and might interfere with our normal lifestyle,  that is why we used LID to lock 3000 eth forever to give the investors confidence that we are here to stay.

Well, I really appreciate the reasons you give, although I think it is less convincing reasons.
Will you lock out 3000 ETH? your project softcap is 2000 ETH and your hardcap is 4000 ETH. if you only collect 3000 ETH will you lock it all up?

[Murat]

LATEST UPDATES:

📣We are excited to announce Dextrust listing on Bibox!

https://bibox.zendesk.com/hc/en-us/articles/900002468266

[Bttzed03]

Is the team too busy to respond to other questions here?

~
The team is anonymous for now, we decide to be private as the attention might be too much and might interfere with our normal lifestyle,  that is why we used LID to lock 3000 eth forever to give the investors confidence that we are here to stay.

You don't want the attention? That's odd. So why bother launch a DEX and a token sale then? It's expected that potential investors would be looking for transparency and accountability. Locking 3000 ethereum won't change the fact that you are hiding while asking for investor's money.

~ Your website "https://dextrust.org/" was created on August 10th 2020, according to WHOIS. According to your roadmap this project has been ongoing since 2019?? How?

Expect reasons like they just just bought this new domain and has been working using an old one.

~
You gotta use the current hype, no time for trivial stuff

Looks like it. Sell before the DeFi hype is gone.

[Cimmy_revenger]

If 1 ETH get 5189 token , so 1 token have rate 0.0001927 ETH or $ 0.0732 USD ( rate ETH now $ 380 USD )
correct me if I'am Wrong sir , investor have bonus token or not sir if bought pre-sell ?

[holydarkness]

Well, I really appreciate the reasons you give, although I think it is less convincing reasons.
Will you lock out 3000 ETH? your project softcap is 2000 ETH and your hardcap is 4000 ETH. if you only collect 3000 ETH will you lock it all up?

I'd like to add one further point on this matter. Dev, let's say you only managed to get 2,100 ETH, you've reached your softcap, normally your project could begin their operation. Let's leave the fact that if such scenario happens, that if you only manage to collect more 2,000 but less than 3,000, I would guess you won't fill the difference from your own pocket. For now, we'd focus on how you have to lock them all,
then with what will your project be funded?

Please don't say it was a typo ans you intended to type 2,000 instead of 3,000

[FatFork]

staking rewards, like seeing a delicious pizza, usually investors who have a lot of money are interested in a project like this, but I want to read more about this project, let's see what's interesting there, it looks like the team does not have clear profile information

I see no reason why this project would stimulate any interest from the wider community. As far as I can see, the only thing they have presented so far is a plain website (which, by the way, they didn't even design themselves but used a ready-made template with minimal modifications), one ugly logo, some png graphics and a few trendy words like DEX, STAKING and DAO.
Don't forget to include Defi somewhere. Oh, wait ... here it is:


On the other hand we have: a non-existent whitepaper, a hidden (fake) team with no previous references, a fake roadmap, a domain registered a month ago, and absolutely no media coverage at all.

And, some serious questions asked by members before me still remain ignored which is another big red flag for me.

[Anonylz]

staking rewards, like seeing a delicious pizza, usually investors who have a lot of money are interested in a project like this, but I want to read more about this project, let's see what's interesting there, it looks like the team does not have clear profile information

I see no reason why this project would stimulate any interest from the wider community. As far as I can see, the only thing they have presented so far is a plain website (which, by the way, they didn't even design themselves but used a ready-made template with minimal modifications), one ugly logo, some png graphics and a few trendy words like DEX, STAKING and DAO.
Don't forget to include Defi somewhere. Oh, wait ... here it is:


On the other hand we have: a non-existent whitepaper, a hidden (fake) team with no previous references, a fake roadmap, a domain registered a month ago, and absolutely no media coverage at all.

And, some serious questions asked by members before me still remain ignored which is another big red flag for me.

You really have made a critical analysis about the project and made some vital point very open to those investors who don't know what exactly to look out for, most defi project have their team members known but here I don't get the need for anonymity, is it really necessary! I think if I were to be an investor I would be concerned about the anonymity of the team.

[Murat]

⚡️⚡️⚡️The wait is finally over, Dextrust Staking is LIVE !!!⚡️⚡️⚡️

https://stake.dextrust.trade

User Guide:
https://medium.com/@dextrust/dextrust-staking-user-guide-af9802e44c4?sk=97c7f98fce6597a08ada9fca9efeb037

⚡️Make use of your referral  link to get an extra 1% on your staked token ⚡️