DEXSOption is a brand of the Singaporean company Bit Matrix Pte Ltd. with registration number 201727630E, and is a member company of the Association of Cryptocurrency and Blockchain Industries of Singapore (ACCESS). Biyin Asia has extensive experience in financial product development and operations and is composed of professionals with an international perspective. It focuses on providing reliable digital asset financial services to digital asset traders worldwide. Currently, it mainly pushes digital asset product services such as CoinsBank Wallet App and CoinsDo Digital Asset Payment System.

The DEXSOption protocol is a peer-to-peer system for trading cryptocurrencies on the ethereum blockchain (ERC-20 token).The DEXSOption protocol consists of an immutable, persistent and upgradable definition of a smart contract. It is designed to be independent of any trusted intermediaries that may selectively restrict access to the transaction environment. The DEXSOption protocol is designed to be censorship-resistant, secure and self-regulating. The code is open source and available for all to read and verify. Due to these design principles, the DEXSOption protocol will operate permanently with 100% uptime.

Speaking of the ethereum network continuing to operate; most open markets use a central limit order book where buyers and sellers create groups organized by price level with orders being filled gradually as demand changes. Anyone who has traded stocks through a brokerage firm will be familiar with understanding the order book system. The DEXSOption protocol uses a different approach, using an automated market maker (AMM), sometimes called a constant letter number of market makers, instead of order books.

At a very high level, AMM replaces the order market buy with a liquidity pool of both assets. For sell orders, the value of the two assets is relative to each other. When one asset trades the other, the relative prices of the two assets will change, thus determining the NMM for both. In this dynamic, the buy side or sell side trades directly with the pool rather than with a specific order left by the other party. Increasingly, the advantages and disadvantages of automated market makers and traditional order book counterparts are being actively studied. We are examining some notable examples, collected on the web page.

The DEXSOption ecosystem includes three types of users:

Liquidity Provider (LP): An individual or entity that contributes ERC-20 tokens to the public liquidity pool.

Trader: An individual or entity that exchanges one token for another.

Developers: Individuals or individuals who integrate with DEXSOption protocol smart contracts to provide exciting new experiences.

In general, the interaction between these categories creates a positive feedback loop that facilitates the digital economy by defining a common language through which tokens can be collected, traded and used.

Liquidity provider

The liquidity provider or LP provides ERC-20 tokens to the DEXSOption liquidity pool. The more favorable pricing of large pools compared to small pools promotes high volume trading. Therefore, LPs play an important role in providing liquidity to traders. A very important role. In return, LPs earn a fee of 0.30% for each trade in the pool, which is proportional to the LPs in the pool. LPs are not a homogeneous group: passive LPs are token holders who wish to passively invest their assets to accumulate transaction fees. Professional LPs focus on market makers as their primary strategy. They typically develop customized tools and methods to track the liquidity profile of different DeFi projects. Token projects sometimes choose to become LPs to create a liquid market for their tokens. This allows for easier buying and selling of tokens and unlocks interoperability with other DeFi projects through the DEXSOption protocol. Finally, some DeFi pioneers are exploring complex liquidity to provide interactions such as incentivized liquidity, liquidity as collateral and other experimental strategies. the DEXSOption protocol is ideal for projects experimenting with these ideas

Trader

There are several types of traders in the protocol ecosystem: speculators use the various tools and products built by the community to exchange tokens using traffic extracted from the DEXSOption protocol Sex. Arbitrage bots seek profits by comparing the prices of different platforms. (While it may seem easy to extract, these bots actually help balance prices in the broader ethereum market and keep the public flat.) Dapp users purchase tokens through the DEXSOption protocol so they can be used in other applications on Ethereum in the future. Use in a sequence. Implement swap functionality on protocol smart contracts (from products like DEX aggregators to custom Solidity scripts) for line transactions. In all cases, transactions require the same protocol transaction fee. It is important that each one is accurate to improve both price-based and incentive-based liquidity.

Developer

Developers build applications and services on top of the DEXSOption protocol. The numbers in the Ethernet ecosystem are too numerous to mention, but some examples include: Since the DEXSOption protocol and DEXSOption applications are completely open source, countless developers have launched their own front ends to interact with the DEXSOption protocol. You can view it on most major DeFi dashboards to find DEXSOption functionality in your project. There are also many DEXSOption protocol tools that are built by the community. Wallet usually has exchange and liquidity provisioning features as the core offering of its products.

DEXSOption (Decentralized Exchange) aggregators extract liquidity from many liquidity protocols for trading to provide the best prices, but separate their transactions. The DEXSOption protocol is the single largest source of decentralized liquidity among these projects. Smart contract developers use the existing suite of features to invent new DeFi tools and various other experimental ideas, legally. Look at projects like Unisocks or Zora, and many others. Many members of the DEXSOption ecosystem are involved in more than one of these roles. You can be a Streaming Mobility provider, trader and developer all at the same time!

Your wallet is an application that allows you to interact with Ethereum. The main difference between the DEXSOption protocol and centralized cryptocurrency services is who controls your wallet - in other words, it is kept secure. Most centralized cryptocurrency services offer hosted wallets that store your private key on your behalf. Typically, publicly traded companies use usernames and passwords to protect your wallet, but in the event of a hack or data breach, your assets could be at risk. On the other hand, decentralized applications (dapps) are non-custodial: you have full ownership, property rights and responsibility for your private keys and assets. There are different types of wallets, extending from browsers to mobile app sequences and then to USB-like hardware.

There are roughly three types of wallets:

Hardware wallet. A physical device stores your private key offline. This type of wallet is considered to be the most secure. Show examples include Ledger and Trezor.

Web wallet. A self-hosted wallet allows you to interact with your Ether account through a web browser. For example, you can download MetaMask as a browser plugin and create a wallet to store Ether and other ERC-20 tokens.

Smart contract wallets. These wallets exist as programs on the blockchain, rather than providing users with public and private keys. Key pairs, usually associated with a specific application. Examples include InstaDapp's DeFi smart account Households, Argent, Dharma, Gnosis Safe, etc.

DEXSOption is an extremely fast and highly liquid private non-custodial trading portal built on Ether. Using StarkWare's Layer 2 extension technology (ZK-Rollup/Validium), DEXSOption offers a high-speed API and UI access to some of the industry's deepest order books, allowing over 9,000 transactions per second, default privacy, competitive fees, and withdrawal certainty, meaning you always have full control over your payments. Easy assets that you can enter and exit quickly. With virtually no counterparty risk, To DEXSOption is a blockchain project for building an ecosystem of applications for trading crypto assets. It takes advantage of blockchain's trust-free mechanism, tamper-proof, information transparency, co-regulation and traceability, and is suitable for all types of financial institutions and individuals to provide a secure, efficient and low-cost cross-border, cross-asset, next-generation value reversal platform.

DEXSOption's block data is stored in a chained structure where all blocks are indexed with the previous block. The pin reference ensures that the data is not tampered with. DEXSOption stations use the SHA-256 function to hash the data hash, the ecc asymmetric encryption algorithm for authentication, the ais encryption algorithm to encrypt the private key, and the Merkle number to authenticate and store transactions.

DEXSOption uses NIO sockets for node interaction, loaded with DNS methods and built-in program methods. Seed nodes, all nodes will self-test after startup, nodes under the public network will actively report their IP and port to the network, and other nodes will verify their reported information. If the verification passes, all nodes will at that point store the IP address and port of the available nodes locally, and connect directly the next time they start up, without the need to probe again. test; if the verification fails several times (there will be a rule that detects every 10 minutes and triggers when the number of failures exceeds 10 successful connections), the node may have gone offline and will Delete inside. when the number of connected nodes is too low, it will actively ask the connected nodes to get more available nodes. DEXSOption allows nodes in the intranet to communicate with each other through perforation for communication. Use verified nodes as connection bridges to help nodes behind nat to shake hands and complete the connection.

At present, DEXSOption's option layer only has simple script code, the verification script for anti-forgery code, and the gold redemption script for consensus guarantee are small option modules. DEXSOption's positioning is a commercial application platform, so DEXSOption will take a different approach from other option trading platforms for public chain ecological integration and promote shaping. DEXSOption will recruit third-party teams to create more down-to-earth, practical landing application projects, and the front-end audience will be the general public, which will accumulate a large number of user deposits for DEXSOption. DEXSOption plans to develop a Turing-complete virtual machine in 2022 to provide higher flexibility, provided that DEXSOption has a large user base, until then CoinAsia's goals and direction are very clear.

TAX DISCLAIMER: DEXSOption does not provide tax or investment advice. Depending on the regulatory policies of the relevant jurisdiction, you may be subject to taxation when you trade commodities and incur gains (or losses). Digital currency tax policies vary by jurisdiction, so we strongly recommend that you contact your personal tax advisor for further information regarding your personal tax situation. It is your personal obligation to select the correct jurisdiction for your tax return. By using DEXSOption's tax filing tool, you agree that DEXSOption does not make any form of promotion/solicitation and that this tool is only for the convenience of users in filing their tax returns.

TAX RISK WARNING: Trading in digital currencies carries significant risks. Please purchase with caution and be aware of the risks involved in your transactions. DEXSOption will follow the selection of high quality currencies, but is not responsible for any of your transactions, such as guarantees, indemnities, etc.

Risk warning and exemption treaties

This case is for information purposes only and the contents of the document are for reference only and do not constitute investment advice. DEXSOption team will continue to make reasonable attempts. During the development process, the platform may be updated, including but not limited to the Taiwan mechanism, tokens and their mechanisms, token issuance. Parts of the document may change as the project progresses the team will adjust accordingly and the team will make updates available to the public through the help center. DEXSOption expressly disclaims any reliance by participants on the content of this document, for inaccuracies in the information contained herein, and for any inaccuracies caused by the Loss of this document. The DEXSOption platform provides participants clearly communicated the possible risks. By participating in an exchange, participants acknowledge that they understand and agree to the terms and conditions set forth in the detailed rules.