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.

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