Position Exchange The Next DEX And Trading Platform

Published on: 14.08.2021

Position Exchange is a decentralized trading protocol operating on Binance Smart Chain (BSC), that enables traders, liquidity providers and developers to participate in an open financial market with no barriers to entry. No authorization is required to use the open source Position Exchange protocol.

The protocol offers easy and accessible Derivatives Trading in which users can trade Crypto Derivatives Products fully on-chain transparently and trustless, with high security, and privacy.

The platform is designed to deliver all the advantages of Decentralized Finance whilst bringing the traditional Centralized Finance experience and tools onboard. To mention High leverage, low slippage, and low costs as well as limit orders all while solving the liquidity issue using the vAMM.

TOKEN INFORMATION

POSI is Position Exchange’s native BEP20 token empowering its ecosystem. In addition to being a utility token and providing liquidity, holding and trading incentives, POSI token is designed to facilitate and incite the decentralized governance of the protocol.

TOKEN USE CASES:

  • POSI token holders can generate passive income by locking their token in the staking pools and receiving rewards in return.
  • POSI token holders can generate income and grow their token balance simply by holding the tokens in their wallet (RFI)
  • POSI token can be used to cast NFTs.
  • POSI token holders can participate in the platform’s governance by proposing and voting for new ideas.

TOKEN NAME: Position Exchange Token

TICKER: POSI

TOTAL SUPPLY: 100,000,000

Position Exchange is owned and operated by its community as a decentralized autonomous organization (DAO). The Position Exchange protocol is subject to a democratic and transparent voting system that enables POSI token holders to get involved and shape the future of Position Exchange.

ABOUT Position Exchange
Position Exchange is the new Decentralized Trading Protocol, powered by a vAMM and operating on Binance Smart Chain initially, aiming to bridge the gap between people and the cryptocurrency markets and enhance trading experiences.

RESOURCES
Website | Twitter | Medium

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