DeXit(DXT) is the native token used for governance and gas fees on our future DeX. Currently, DXT exists on BSC(bep20). In the future, it will be used to power our DeX and Swaps and Yield farming. Additionally, DXT will be the core token used for staking and validating the blockchain as a proof-of-stake(authority) to receive new minted tokens from block rewards.
What is Dexit.Finance?
Dexit.Finance is our website and d'app that powers our DeX(Decentralized
Exchange), provided by a User Friendly UI and features that your
favorite centralized exchange holds, powered by powerful decentralized
smart-contract mechanics, with lower gas fees than traditional models.
is our Mainnet/Blockchain.
is our wallet for staking/node validation, we are creating a 2nd future external wallet that allows users to hold their own keys in a more portable and user friendly way.
is our blockchain explorer.
1. When will the Dexit Ecosystem be available and will staking be on the platform?
We Estimate the full phase of Dexit Ecosystem to be ready and live in 12-18 months. (Q4:2022-Q1:2023) PoS(A) should be ready Q2:2022
11. How is Dexit making sure their network is secure and free from attacks?
Well I think I described it a little bit but we are using Proof-of-Stake
authority which basically is proof of staking with an additional
mechanism that randomly selects validators to confirm the blockchain via
RNG(random number generator) so it is always extra secure.
The oracle guard allows us to interact with other blockchains safely .
we are going to reduce overall gas fees as well as tweak the block
confirmations so on top of protecting against double spending and 51%
attacks and utilizing slashing similar to BSC, we are adding the
security of further on-chain confirmations.