8. Ascend DEX
Average Price & Qualified Balance
Average Price is the minimum sell order price set on Ascend DEX, determined by Buy&Stake (Ascend DEX/Uniswap) and Airdrop.
Qualified Balance is the amount of tokens Staked via Buy&Stake (Ascend DEX/Uniswap) and Airdrop
Sell
Only newly registered accounts from November 15, 2024, are eligible to create Sell orders on Ascend DEX.
Each Sell order has a cooldown of 24h
Each Sell order can only execute with a maximum token amount equal to 1% of the Qualified Balance
Sell orders can be placed between the Average Price and up to 200% of the Average Price, but no more than 10% higher than the lowest current market price.
Accounts currently compounding are not eligible to place Sell orders on Ascend DEX.
Buy&Stake
Any accounts can Buy&Stake on Ascend DEX
10% Sell fee on Ascend DEX will be distributed daily to users that successfully Buy&Stake on Ascend DEX according to the “Shares”
Shares
Every Buy&Stake order on Ascend DEX will add Shares to the account
Total Buy&Stake and % Bonus
1,000 USDT → <5,000 USDT: 10% Shares bonus (Total 110%)
5,000 USDT → <10,000 USDT: 20% Shares bonus (Total 120%)
10,000 USDT → <20,000 USDT: 50% Shares bonus (Total 150%)
>20,000 USDT: 100% Shares bonus (Total 200%)
Affiliate Shares
Main Volume: Volume generated from Buy&Stake (Ascend DEX/Uniswap) and Airdrop of “the largest community”. Main Volume decreases by 50% each week.
Sub Volume: the total Buy&Stake (Ascend DEX/Uniswap) and Airdrop volume of all communities, excluding the Main Volume. Sub Volume decreases by 50% each week.
10% Fee from Buy&Stake (Ascend DEX/Uniswap) and Buy/Sell (Uniswap) will be distributed weekly to Affiliators according to the "Affiliate Shares"
Affiliate Shares will have no limits with the following formula:
Affiliate Shares = Sub Volume / 10,000
Sub Volume = 10,000 × 3ⁿ (n is an integer: 0, 1, 2, …)
Users can access the Airdrop feature with a maximum weekly token allocation equal to 5% of their Staking Balance once they accumulate 3 Affiliate Shares. For every additional Affiliate Share milestone reached, the maximum weekly token allocation for Airdrops increases by an extra 5% of the Staking Balance.
Last updated