{"id":32127,"date":"2020-11-20T18:17:40","date_gmt":"2020-11-20T16:17:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32127"},"modified":"2025-08-28T07:08:18","modified_gmt":"2025-08-28T04:08:18","slug":"ieo-for-dymmaxs-crypto-derivative-platform-kicks-off-on-probit","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ieo-for-dymmaxs-crypto-derivative-platform-kicks-off-on-probit\/","title":{"rendered":"IEO for DYMMAX&#8217;s crypto-derivative platform kicks off on ProBit"},"content":{"rendered":"<p>On the South Korean cryptocurrency exchange <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.probit.com\/ru-ru\/ieo\/dmx-round1\/0\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">ProBit<\/a>, the IEO of the token of the crypto-derivative platform <a class=\\\"tracking_link\\\" href=\\\"https:\/\/dymmax.com\/ru\/ieo\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">DYMMAX<\/a> (DMX) has started. The first round of the IEO will last 10 days and end on 30 November at 18:00 MSK.<!--more--><\/p>\n<p>\\n\\n<\/p>\n<p>The project is selling 2.1 million tokens at a price of 1.25 USDT per DMX. Participants in the first stage of the IEO will receive a bonus:<\/p>\n<p>\\n\\n<\/p>\n<ul>\\n<\/p>\n<li>10% DMX when paying in USDT, BTC and ETH;<\/li>\n<p>\\n<\/p>\n<li>15% DMX when paying in WAVES and ERG.<\/li>\n<p>\\n<\/ul>\n<p>\\n\\n<\/p>\n<p>After the IEO, DYMMAX will list the tokens on decentralized crypto exchanges Uniswap, 1inch and others. The project is also in talks about a listing with five of the largest centralized trading platforms.<\/p>\n<p>\\n\\n<\/p>\n<p><a class=\\\"tracking_link\\\" href=\\\"https:\/\/dymmax.com\/ru\/\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">DYMMAX<\/a> is a decentralized protocol for issuing DeFi options without full collateral. To issue options, DYMMAX does not require sellers: buyers suffice.<\/p>\n<p>\\n\\n<\/p>\n<p>The platform has no collateral and no spread between bids and asks. DYMMAX achieves this through a parimutuel pricing model with fixed payouts, developed by Stanford University researchers. In addition, DYMMAX guarantees payouts to option holders from the common pool.<\/p>\n<p>\\n\\n<\/p>\n<blockquote>\n<p>\u201cOur goal is to make trading profitable in any market condition. We want traders to earn not only when the asset rises, but also during declines or stagnation,\u201d says Dmitry Filyaev, CEO of DYMMAX.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>DMX issuance is capped at 10 million tokens. Traders will use them to reduce transaction fees, pay for DYMMAX services, govern the platform&#8217;s ecosystem, and earn passive income in <a class=\\\"tracking_link\\\" href=\\\"https:\/\/dymmax.medium.com\/dymmax-liquidity-pools-and-how-do-they-function-35468cfacd97\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">liquidity pools<\/a>. Through DMX, the community will choose new trading instruments, fee levels, and blockchains to integrate with the DYMMAX protocol.<\/p>\n<p>\\n\\n<\/p>\n<p>On September 29, the CEO of DYMMAX Dmitry Filyaev spoke at the ForkLog conference \\&#8221;DeFi: Instructions for Use\\&#8221; with a presentation on cryptocurrency derivatives.<\/p>\n<p>\\n\\n<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An IEO of the token of the DYMMAX crypto-derivative platform (DMX) has started on the South Korean cryptocurrency exchange ProBit. The first round of the IEO will last 10 days and end on 30 November at 18:00 MSK.<\/p>\n","protected":false},"author":1,"featured_media":32128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"2","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1168,1378],"class_list":["post-32127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-derivatives","tag-token-sales"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"2","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32127"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32127\/revisions"}],"predecessor-version":[{"id":32129,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32127\/revisions\/32129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32128"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}