Tokens is building an encrypted digital currency trading platform, introducing dynamic trading rights (DTR), bringing revolutionary changes to the current trading environment, providing a credible, transparent, safe and reliable place to trade ERC-20 tokens and other cryptocurrencies.

DTR (DynamicTradingRights) token will represent the right to trade on the token platform for any currency pair listed at any time in the future. DTR used for transactions will be regularly burned on the Ethereum network.

1. Project introduction

Dynamic Trading Rights (DTR) is a token launched in 2017 based on the Ethereum blockchain, designed to be used as a next-generation cryptocurrency trading platform Tokens.net. Its main use is the fee settlement system of the Tokens.net cryptocurrency exchange, but it is not limited to this. DTR is a transaction fee charged based on the DTR market price at the time of transaction.

Tokens.net funds the development of the token platform by selling vouchers for all future transaction fees to its ICO backers. Vouchers will be sold as future trading rights and represented by ERC20 tokens created under the symbol DTR. DTR tokens will represent the right to trade on our token platform for any of the listed currency pairs at any time in the future.

According to the market price of DTR at the time of transaction, the trading volume that users can trade with a single token will be dynamically set. Trades for DTR holders will be charged at the best ask price regardless of market depth effects. Any platform client who does not own DTR will be charged in DTR. Fees will be automatically converted to DTR, and customers with DTR will have DTR subtracted from their balance based on the market value of DTR. DTR for transactions will use a smart contract on the Ethereum network designed to burn tokens on a regular basis. If a client trades without any DTR, the fee will be charged in their current currency and converted to DTR tokens in the background. These rules incentivize platform clients to purchase Dynamic Trading Rights (DTR) tokens in advance and “burn” them to trade.

Two. Comments

Compared with other exchanges, Tokens.net platform currency will introduce dynamic trading rights (DTR) to completely change the current encryption trading environment, because the exchange will not charge transaction fees for operations, on the contrary, it will Use transaction fees to purchase DTR tokens, which will be repurchased and destroyed through smart contracts. The most recent burning event was held on May 27, 2019, and a total of 1.125 billion DTR was burned, accounting for 30% of the total supply of DTR tokens.

The uniqueness of DTR will reduce the long-term effective transaction fee, which will attract market makers, large traders and other traders looking for low-priced and low-cost trading tools. DTR prices will also be correlated to trading volume, which means that DTR will thus act as a hedge during times of crypto market uncertainty and price corrections, which could become a “future crypto safe haven.”

Related links:
https://www.tokens.net/
https://www.tokens.net/cryptocurrency/dynamic-trading-rights-dtr/#
https://medium.com/@tokensnet/dear-crypto-community-4accb1d279bb
https://www.tokens.net/blog/biggest-destruction-event/