TradeX

TradeX revolutionizes the trading of dTokens.

TradeX is a decentralized SC-based system that facilitates the buying and selling of dTokens within the Javsphere platform. TradeX operates through a cross-layer bot that integrates the DMC with the native DeFiChain layer. Here's a technical walkthrough of the process:

  1. User Interaction: Users lock their tokens within the Javsphere TradeX SC.

  2. Bot Activation: A dedicated bot transfers the funds from the SC.

  3. Layer Transition: The bot transfers the funds to the native layer of DeFiChain.

  4. DEX Swapping: Due to higher liquidity, the bot executes a swap on the Native DeFiChain DEX. Future Enhancements: When the DMC achieves higher TVL in the future, it will integrate DMC pools for direct swapping.

  5. Token Redelivery: The bot moves the swapped tokens directly to the user's DMC address via the transfer domain.

The Fee Management SC is a crucial component in the TradeX ecosystem:

  • The SC imposes a 0.1%* trade fee on each trade the user conducts.

  • All collected fees in DUSD or the respective dToken are used to purchase the JAV token.

  • The acquired JAV tokens are then distributed, with 50%* allocated to JAV Staking and Cryo JAV participants, while the remaining 50%* is burned.

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