Gas Free Transactions
To further incentivize holding $ADEX and enhance user experience on our AI-powered decentralized exchange (DEX), we are introducing Gas-Free Transaction Perks.
Overview
This initiative allows $ADEX holders to enjoy gas-free trading by holding a minimum amount of $ADEX. Additionally, we will allocate a separate gas credit pool for the general public to encourage wider platform adoption.
Objectives
Reduce trading costs for users, making the platform more attractive.
Boost trading volumes by lowering the barrier of gas fees.
Increase $ADEX demand.
Overview of the Gas-Free Trading Program
On random days each month, the company will allocate a specific budget of gas credits.
A dedicated portion of the gas credits is reserved for users holding a minimum amount of X $ADEX. ($ADEX Holder's Gas Tank)
A separate gas credit pool is available for all users, regardless of token holdings. (General Public Gas Tank)
Proposed Minimum Token Requirement
Set Minimum Holding at 5,000 $ADEX
At a moderate token price, 5,000 tokens are attainable for active users.
Encourages accumulation of tokens, potentially reducing market supply and supporting token value.
Gas Credit Allocation
Total Monthly Gas Credit Budget
Allocate a specific amount of funds monthly dedicated to covering gas fees that is coming from $ADEX buy/sell tax.
Example Budget: $10,000 per month (adjustable based on company finances and platform activity).
Distribution Between Token Holders and General Public
Exclusive Gas Tank for $ADEX Holders:
Allocation: 70% of the monthly gas credit budget.
Amount: $7,000 worth of gas credits.
General Public Gas Tank:
Allocation: 30% of the monthly gas credit budget.
Amount: $3,000 worth of gas credits.
Mechanism of Gas Credit Usage
Random Days Selection:
Gas-free days occur randomly each month to encourage regular platform engagement.
Users will be notified via Telegram, email, or in-app notification inbox.
First-Come, First-Served Basis:
Gas credits are available until the daily allocation is exhausted.
Users are encouraged to trade early on gas-free days.
ETH network will require a minimum trading amount to qualify for gas-free transactions due to gas fluctuations and potential spikes in gwei.
Benefits of the Gas-Free Transaction Program
Reduces the financial burden of gas fees, making trading more attractive.
Users are incentivized to acquire and hold $ADEX tokens to access exclusive perks.
Gas-free days encourage higher trading volumes and user engagement.
Offering gas-free trading differentiates our platform from competitors.
Strengthens the relationship between the platform and its users.
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