DCNTRL Network Docs
πŸ‡ΊπŸ‡Έ EN
πŸ‡ΊπŸ‡Έ EN
  • πŸ‘‹Welcome to DCNTRL - The future of Stablecoins
    • Introduction to DCNTRL Protocol
  • DCNTRL Features
    • πŸ’²USDEFI Stablecoin
      • πŸ’°Minting / Redeeming USDEFI
      • πŸ“ˆMaintaining the $USD Peg
      • πŸ’ΈEarning in USDEFI Stability Pool
    • πŸ’ŽDCNX Tokens
      • 🎁Earning DCNX
      • πŸ“ŠDCNX Tokenomics
      • 🏦Earn Protocol Revenue
      • πŸ’³How to Buy DCNX
    • πŸ›‘οΈEcosystem Stability
      • 🌊Liquidations
      • 🌑️Recovery Mode
  • User Guides
    • ⚑Getting Started with DCNTRL Protocol
      • 1️⃣Connecting Your Wallet
      • 2️⃣Getting BNB
    • 3️⃣Your Dashboard
    • 4️⃣Borrowing (Minting) USDEFI
      • βš™οΈManaging your USDEFI Position
    • 5️⃣Start Earning with USDEFI
      • How to Stake USDEFI
      • How to Unstake From Stability Pool
    • 6️⃣Redeem USDEFI - Get BNB
    • 7️⃣Liquidating Bad Debt
      • β†ͺ️How to Manually Liquidate Bad Debt
    • πŸ†How to stake DCNX to earn Protocol Revenue
  • Useful Docs
    • πŸ“ƒSmart Contract Audits
    • πŸ“ˆDCNTRL Protocol Fees
    • Terms of Service
      • πŸ”’Privacy Policy
      • πŸͺCookie Policy
    • 🎨Brand Assets
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On this page
  • Introduction
  • Get / Earn DCNX Tokens
  • DCNX Utility - Earn Protocol Revenue!
  • Rewarding Loyalty by Sharing Revenue!
  • DCNX Tokenomics
  • Conclusion
  1. DCNTRL Features

DCNX Tokens

Explore the world of DCNX tokens, the native utility tokens of the DCNTRL Protocol. This page provides an in-depth overview of DCNX tokens, including their acquisition, use-cases, and tokenomics.

PreviousEarning in USDEFI Stability PoolNextEarning DCNX

Last updated 1 year ago

Introduction

DCNX tokens are the native utility tokens of the DCNTRL Protocol. They play a crucial role in maintaining the protocol's operations and providing users with various benefits. DCNX tokens are designed to incentivize user participation and engagement within the protocol.


Get / Earn DCNX Tokens

As a reward to incentivise liquidity we will be distributing DCNX to everyone who interacts with the DCNTRL protocol and supports the health of our ecosystem. Anyone who supplies BNB to borrow & stake USDEFI in the stability pool will be earning DCNX passively as a reward. You can discover how that process works by reading the Earning DCNX page:

Additionally, DCNX tokens may be available for purchase at a later date on various cryptocurrency exchanges & DEXs.


DCNX Utility - Earn Protocol Revenue!

Rewarding Loyalty by Sharing Revenue!

DCNX tokens are the key to maximizing your revenue from the DCNTRL ecosystem. They will primarily be used for staking. By staking DCNX, users will be earn a share of the fees generated by the protocol. This provides an additional incentive for users to participate in the ecosystem and contribute to its growth and development.

Maximizing your protocol rewards from DCNTRL - User A is looking to optimize their earnings from DCNTRL. First they provide BNB to mint USDEFI. - User A then stakes the USDEFI into the stability pool. In doing so they start to earn DCNX rewards and Liquidation Fees earned by the pool. Double it up! -By doing the above User A is now earning 2 streams of DCNX rewards & will also be directly earning a share of all liquidation revenue generated for supplying USDEFI to the stability pool & supporting the ecosystem. -User A can then stake the bonus DCNX rewards they have earned for using the protocol to unlock an EXTRA stream of protocol revenue.


DCNX Tokenomics

The tokenomics of DCNX tokens are designed to ensure the long-term sustainability and growth of the DCNTRL Protocol.

The specific details of DCNX tokenomics, including the total supply, distribution, and emission rate, will be provided in the protocol's official page:


Conclusion

DCNX tokens are a fundamental part of the DCNTRL Protocol, serving as the primary incentive mechanism and a key to unlocking additional protocol revenue. With their unique use-cases and carefully designed tokenomics, DCNX tokens aim to foster user engagement and ensure the protocol's long-term sustainability and growth. Whether you're a borrower, a stability pool contributor, or a token staker, DCNX tokens offer a range of benefits that can enhance your experience within the DCNTRL ecosystem

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🎁Earning DCNX
πŸ“ŠDCNX Tokenomics