Position Exchange Introduction

What is Position Exchange?

Position Exchange is a Decentralized Crypto platform with a complete Ecosystem aiming to bridge the gap between people and cryptocurrency and enhance DeFi experience. The protocol is fully owned & governed by its community and offers a wide range of DeFi products for all kinds of users in an open, transparent and trustless system where everything runs on-chain. The platform is designed to deliver all the advantages of Decentralized Finance whilst bringing the traditional Centralized Finance experience and tools onboard. Users can Trade Crypto Derivatives, Generate passive income through farming and staking, Invest and borrow, Dive in the NFT world, Participate in Governance and Community activities in a True Decentralized system. Position Exchange with its large Ecosystem and long-term vision is aiming to be the Decentralized Crypto Platform of choice
Position Exchange is empowered by the POSI token, its native utility token serving as the backbone of its Ecosystem. Holders can benefit from multiple advantages and use POSI in other features developed by the Platform.

Position Exchange Token(POSI)

POSI is Position Exchange’s native BEP20 token empowering its ecosystem. Unlike most of the recent tokens created by other exchanges mainly for crowdfunding purposes and for reducing the trading fees, POSI comes with a different and unique approach. All the fees and revenues from the protocol will be distributed back to all POSI holders by a mechanism called Buy-Back and Burn fully on-chain. This would mean, just by holding POSI you’re a stakeholder and will be able to receive a share from the revenue.

A Deflationary token:

Controlling the price of POSI as well as the total circulating supply of tokens will be our top priority. Position Exchange’s team is implementing several anti-inflation measures to keep POSI price stable, encourage holding and ensure the best benefits of the holders.
The measures include Anti-whale to prevent price manipulation, setting a harvest lock-up period to prevent farming arbitrage bots from constantly harvesting and dumping in addition to constant buying back and burning of POSI tokens, and reducing block emission.
100% of the fees generated from the Derivatives Trading Protocol will be used to Buy Back and Burn POSI tokens.
Our Smart Contract adds a 1% fee to each transaction that would be proportionally divided to all POSI holders, which would incentivize HODLing, using RFI technology.

Cases of use:

  • POSI token holders can generate passive income by staking their tokens in the staking pools and receive rewards in return - See Staking section.
  • POSI token can holders can farm LP tokens - See Farming Section
  • POSI token can be used to cast NFTs - See NFTs section.
  • POSI token holders can participate in the platform’s governance by proposing and voting for changes.
  • POSI token holders will be sharing a 1% fee from transactions while just holding the tokens.
  • POSI token holders can perceive Trading Protocol fee discounts
  • And much more to come
The Total supply of POSI tokens was set at 100,000,000 tokens, starting with an emission rate of 5 POSI per block.
1% Airdrop
1,000,000 POSI tokens were distributed on the Airdrop as a first step. Participants registered in the whitelist lottery took part of the exclusive public sale.
5% Public Sale
5,000,000 POSI tokens were available for the Whitelist sale. The generated funds will be deployed to add Liquidity and support the development of Position Exchange.
10% Team and Advisors
The tokens will NOT be available to the team immediately but will rather be minted over time. Position Exchange’s team will retain a position of 10% of any newly minted token ensuring a community driven and fair launch.
4% Liquidity
The tokens will be immediately available for the general functioning of the platform.
80% For the Community
The vast majority of the POSI tokens will be dedicated to the community through staking and farming rewards. This is one of the highest shares addressed to the community in the existing protocols!

Device Coverage

Position Exchange will provide trading clients and platform compatibility on:
  • Web-based
  • Android
  • IOS

Our Team

Position Exchange is a decentralized platform designed for the community. The team members and collaborators behind the projects are multidisciplinary and have extensive experience in Programming, Smart contract & Blockchain development, Finance, Trading and Crypto industries along with a high understanding of economic conditions.

Our Spirit

Building a completely Decentralized Exchange and Trading platform that allows a full and transparent participation of the community to shape Position Exchange’s future. Our main vision is to build a community driven protocol, using innovative instruments in order to support POSI holders and boost the token value during the development process.
By the Community — For the Community — Don’t trust us, Read the code!
Learn more about Position Exchange and find us in the following platforms:
Website: position.exchange
Last modified 4mo ago