What Is Zer-Dex (ZDX)?
Nowadays, trade is generally unfair and Zer-Dex want to improve it. That is why ZDX was created. Socialist capitalists torture the poor and middle class of people in the economy based on credit. It describes as a transaction between a lender and a borrower, in which the borrower promises to pay back the money in the future along with interest. So this idea of interest was developed for ZDX to share your income with all investors. It’s just simple, you invest and receive interest from ZDX revenue.
The ZDX coin represents the Zer-Dex asset exchange. The team has self-financing so Zer-Dex can share an interest in your most loyal investors. The purpose of ZDX is to share revenue from the Zer-Dex exchange earnings and divide it into the number of master nodes running on the network. Each master node receives 50% of the revenue from your exchange and pays BIR asset. Your earnings will depend on the volume and the conditions presented in the communication channel.
Your goal is to increase the capital market in cryptocurrency to expand and have self- financing. The POS mining system, you can stake or create a master node, 50% revenue from business income will be subdivided into each master node running and this is additional prize to the master node owner. They will be encouraged to stay in order to secure our network. They would like to encourage your investors to stay with so the best way is to maintain a certain profitability with a return on investment.
Zer-Dex Storage Key Points
|Circulating Supply||8,040,322.30 ZDX|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Zer-Dex exchange is a part of the BIRAKE network, it’s an amazing project for
cryptocurrency exchanges. How does the BIRAKE network work? All exchanges on BIRAKE network are connected, we all have the same book of order. This means you can buy from the exchange “A” the orders on other exchanges “B, C, D…” It allows the network to automatically arbitrate and simplify purchases and sales for users at day rate if the traffic and volume is high.
All network exchanges will receive trading fees depending on the volume and receive a payment every at the end of the month. The Birake network has 4 packages. Zer-Dex took package 2 and can be upgraded at any time.
Birake network is fully regulated cryptocurrency exchange, following a license being granted by Estonia’s Financial Intelligence Unit (FIU). ZER-DEX is a decentralized exchange built on the Bi-rake blockchain. Zer-Dex has shared order book and active users within the whole Birake network, supporting market orders, network-zero fees, orders-free cancels and the ability to fill many trades at once.
More coins will be added over time. Birake networks including Zer-Dex have plan features for opening the market for coin listing. By voting, the community helps cryptocurrency grow, giving it exposure and liquidity. This kind of competition incites team spirit and engagement among coin communities as they join forces to achieve their goals. Base price will be 1 vote = 1 ZDX, no limit for minimum or maximum votes and every 14 days we will list the first position.
Zer-Dex Coin (ZDX)
Zer-Dex Coin is an asset sharing of our exchange. It has a maximum of 89 million ZDX but it will be reduced since the burning system of some block rewards has been implemented. ZDX has own blockchain. Funds will be used for the ZDX listing in prominent exchanges and development budget.
Twice a day, they will destroy ZDX coin from 30 nos. of master node rewards. Burning address and all transactions can be monitored in the blockchain. Definitely, the maximum total supply will be reduced. A buyback, also known as a coin repurchase, is when a coin team buys its own outstanding coins to reduce the number of coins available on the open market.
Coin teams buy back coins for a number of reasons, such as to increase the value of remaining coins available by reducing the supply or to prevent other whales investors from taking a controlling stake.
Mechanism of a Buyback
To reward investors and provide a return to them, the ZDX implemented a coin buyback program utilizing 25% from exchange revenue to repurchase coins at the current market price once in a month. If for example the ZDX exchange had 30BTC in earnings, divide it into 3 parts 50% for MN owners revenue sharing, 25% for ZDX maintenance and 25% for Buyback program which is equivalent to 7.5BTC. Regardless of the selling order on a trading platform during the repurchase period, the 7.5BTC will spend all at any rate in the market.
ZDX project is still hiring more members to expand the team
Liezer is a licensed civil engineer. He has been in Engineering for nearly 20 years in two categories – four years experience as a Civil Engineer Coordinator and the rest of the year as a Sr. Structural Designer & Reviewer on Engineering & Consulting firm in Middle East. He joined Cryptocurrency last year 2015 and began to know how the cryptocurrency business works by joining the leo coin community with a networking platform. He reached high rank in the business of leo coin.
Zer-Dex While enjoying business, he joins various alt coins and continually studies how to make profit by investing in different coins and studies how to create own coins. He joined Stakenet coin project, he was one of the big investors with a huge contribution to achieve 1$ ATH from 0.009$. He joined various teams to re-activate scammed coins left by the real owner/developer. But working on different projects without salary is frustrating. So he decided to create a self project where it was called ZDX coin.