Co/Founder Prodigy IT Solutions, Star Fish, Starchain, debOx, DBXen
Contributing to a more private, secured, decentralized & censorship resilient world
@DBXen_crypto
is the first Defi protocol with 0 pre allocation and 0 dev fees. Price discovery and market making is 100% a result of the community involvement. And if you ask me... it's just beautiful ๐
Right after this happened the price went up to $60 again, and $DXN gotโฆ
A huge day for
@DBXen_crypto
-> 5T+ $XEN burnt on
@ethereum
๐คฏ๐โฏ๏ธ
Waiting now for the ๐
@DBXeNFT
to ๐๐ฅ
Big shoutout to the minters and the entire $Xen $DXN community ๐๐ฅ
Every time I look at I am just ๐คฏ...
$XEN and $DXN economic energy in a bear market, with no marketing other than community, with no VC, with no price manipulation is more than WOW (IMO).
It is obvious that the biggest numbers are on
@ethereum
, butโฆ
Thanks
@mrJackLevin
!
Now X1 can become the ultimate
#FPOC
chain (NFA) ๐
@DBXen_crypto
one of the best portals for converting $XEN to $XN on all chains๐
Other surprises still to come, both from builders and
@XEN_Crypto
=>
#FPOC
is the only way in crypto๐โฆ
I am really upset with
@opensea
... but I will consider their decision (to stop
#DBXeNFT
and
#XENFT
trading) an invite to build our own
#DXN
/
#XEN
marketplace๐
Ohh... and did I mention that the art is really cool? ๐๐
@DBXen_crypto
protocol has a lot of utility on it's own. Rumors about the portal to $XN made holders forget about $DXN mission. Check lite paper.
Personally, I should have refrained from endorsing rumors that should have not been spread.
Also personally, I do believe that in aโฆ
Depending on what currency one will use to trade
#DBXeNFT
or
#XENFT
on Mastodon marketplace the following will happen:
1. if $DXN will be used => part of it will be burnt
2. if $XEN will be used => part of it will be used to buy and burn $DXN
3. if native coins will be used (akaโฆ
My "unofficial" 50cents:
- 33% for XEN POB is better than 2-5% - hope checkedโ
- $DXN has no direct portal for $XN - expectation uncheckedโ
- 33% for $VMPX - Confused - I need to really digest this ๐ค
Conclusion:
- everything in
#Xen
ecosystem is fair => everything is commonโฆ
So why would you sell $XEN for $ETH when you probably have many more mints coming? At
@DBXen_crypto
you can get daily trustless $ETH yield for burning $XEN ...
#justsaying
๐
IMO community driven price discovery is essential in
#FPOC
Buy and Burn on TitanX is centralized market making (price manipulation) -> might be good for speculation but not in line with
#FPOC
As we are approaching 1 year since $DXN launched on
@Ethereum
here are some facts:
1. the $DXN listing price was ~3$. During last 308 days the price reached an ATH of ~100$ and an ATL of ~.5$
2. One $DXN staked in the first day would have yielded a minimum total amount of ~8$ inโฆ
I must admit that I am looking forward for X1 and the underlying technology. I just hope that the $XN and $XNM distribution mechanics are "completely fair".
LFG
#FPOC
๐
@DBXen_crypto
@XEN_Crypto
โฏ๏ธ
I love competition when the outcome helps everyone innovate and make the entire crypto ecosystem better. The bar that was set by
@DBXen_crypto
should and is considered a challenge for other builders, and this makes me Happy๐
Let's make the competition even more interesting. Iโฆ
Mastodon marketplace will be here to help us (db)xenians trade our NFTs just like Xenify is here to help us bridge our assets from chain to chain.
NFA: Mastodon marketplace is not a rumor, so do not buy $DXN, nor sell it when it becomes a news ๐
Mastodon marketplace is theโฆ
Accumulate $xen + burn it on = get $dxn and daily trustless yield and a Fast track to X1 ๐
NFA: the FPOC innovation launchpad is expanding and while ๐ณs are busy with the short term plays the entry barrier in
@XEN_Crypto
and
@DBXen_crypto
is low enoughโฆ
Buy and Burn mechanism for $DXN is implemented in a single contract that will gather all the funds from different dapps that are being built and some that will be built in the future.
Buy and Burn $DXN will be manually executed in the
#FPOC
manner.
On โฆ
$DXN is an implementation of $XEN 's Proof of Burn which is $XEN 's most important utility.
As there is ~8.5K $DXN in the liquidity pool, NFA but start burning (as Proof of Burn is the most important utility in $XEN) ๐
@DBXen_crypto
@XEN_Crypto
I think that the burn rate decrease is natural considering that $Xen is becoming far more scarce. This context allows minters to get in the DBXen lobby with lower number of batches. For a good distribution, I hope that the number of unique burners will increase....
Fun trading future estimated $XEN for liquid (minted XEN).
On you can buy some Xenfts with over 3.6B estimated Xen for a bit less than 2B XEN๐
A
@DBXen_crypto
product for the entire
#XEN
ecosystem ๐
I see that ~14K $DXN is available for trading in Eth, out of ~350K that were minted until now. Is this a clear sign that vast majority of the participants understand and embrace the long term approach?
If you're a holder of a
#XENFT
and find it challenging to cover the claiming cost, consider utilizing
It's wiser to acquire some $XEN rather than leaving it to incur penalties๐
๐ฒ since analyzing the main 2 pools on uniswap for $DXN and $Xen, this is first time when I see that $DXN trading volume is bigger than $XEN... ๐ฅ๐
I was under the impression that once $XEN is expensive more people will burn lower no of batches on
@DBXen_crypto
. Now i observe that the constant is actually the +-100 $eth rewards per cycle ๐ค wondering how the statistics will look like in 1 year from now...
Buy and burn $DXN:
-> using accrued native coin from Xenon and Mastodon
-> using $XEN from Mastodon
is now deployed and functional on ๐
3.5% of every NFT trade on Mastodon will accrue in the buy and burn contract. The burn function can be called byโฆ
I just feel that some interesting
@DBXen_crypto
/
@XEN_Crypto
developments will be released soon ... patience is a must and participation should be rewarded โ
@DBXeNFT
@CertiK
first report received. Well done
@CertiK
. One step closer to the launch. Next step to fix a couple of routines for the well spotted edge cases and we are almost ready to roll it out ๐๐ฅ
@DBXen_crypto
It took 47 days to pass the 3T $Xen burnt milestone. $DXN minters paid ~3253 $ETH (more than 6M $) to be able to burn this amount of $Xen. The entire $ETH (100%) was paid back to $DXN stakers!
2K burnt $ETH to mint ~55% of $eVmpx supply -> the 8h goal was not met (unfortunately).
The 2K $ETH (~4M $) has impacted $Xen and $DXN prices (as it was foreseeable).
After this "marketing sacrifice" is over, the healing process starts and I hope
#xen
#dxn
community will comeโฆ
#XENIANS
should delist their XENFTs from blur and list them on
It will be far easier for the buyers to discover what they are looking for using a custom XENFT filter ๐.
Mastodon is built by
@DBXen_crypto
team for the
#XEN
ecosystem.
LFG! ๐ฅ๐๐
$DXN is $XEN ๐
Checkout top 100 DX(E)Nians on .
@DBXen_crypto
big shoutout to them!
Soon
@DBXeNFT
becomes ๐ชXENFT ๐
Stay tunned to see the effect on the ecosystem๐ฅโฏ๏ธ๐ฅ
As $XEN burn amount grows, the $ETH rewards for the $DXN stakers grows as well. Well... hello 2+ $ETH๐ ๐
Now let's aim towards adding a couple of 0s ๐
@NXD_Protocol
#X1
#Q
are coming and $DXN is not enough๐๐๐ฅ
While cycle is not yet conlcuded, $DXN stakers will receive 5.2+ $ETH today. This marks the highest reward in the past 200 days, and the trend is on the rise. ๐๐๐ฅ
Checkout for more data ๐
@DBXen_crypto
@XEN_Crypto
@xenpub
What just happened?
@NXD_Protocol
was launched.
#Q
next ๐๐๐๐ฅ
Will it be enough $XEN to mint $DXN and get that $XN allocation? ๐ค
LFB! brick by brick ๐
@DBXen_crypto
the number of $DXN holders grows and the real number can be much bigger considering that over 94% of the minted supply is staked๐
@DBXeNFT
is in the making...
@Certik
got the answers to their questions and we are waiting patiently for the final report.
@playWAM
โฆ
I'm amazed by the number of
#Hexicans
reaching out to me about creating a dbxen-like app to support $eHEX.
Let's wrap up
@NXD_Protocol
and
#Q
and seriously consider this idea ๐
@DBXen_crypto
LFB! ๐๐ฅ๐
As $Xen price dropped a bit,
@DBXen_crypto
reignited the fire. Still ~4.5h to go and already ~100 $Eth to be rewarded to the stakers and burners... โฏ๏ธkeeps working like a charm ๐ฅ
As meme coins season has it's last days, I believe that a lot of economic energy has left the Crypto space.
Memes made some people ๐ฐ๐ฐ๐ฐ but also a lot of people got rekt ๐คฆโโ๏ธ
I hope people will refocus on fair crypto principles, as over and over again, we see that this is theโฆ
So.... we have learned that human manipulation of price through whatever means (even admin configurable buy and burn) is not working. We have central banks for that๐คทโโ๏ธ
In pursuit of better decentralized market mechanics we go๐
Stary tunned to
@DBXen_crypto
and
@XEN_Crypto
โฆ
I like the sound of the "text" in the whitepaper.
Tech looks good - I hope the tokenomics and game theory rises to the same level ๐ค
LFG
@DBXen_crypto
@XEN_Crypto
โฏ๏ธ
Wow, a really nice surprise. I received my $XNF airdrop for using
@xenify
and I am happy to see that it was actually a relevant value. Wondering about the felling I'll have when and if I'll get the $XN airdrop for participating in $XEN's POB mechanism ๐
Kudos to
@DBXen_crypto
team for the mastodon marketplace launch.
Enjoy and let the trade begin ๐๐ฅ๐๐
We had a lot of fun... now we look like Coco ๐So we'll be back tomorrow to answer to all of your questions ๐
Seeing a lot of the community members wondering about Roadmaps...
@DBXen_crypto
will announce it soon ๐ฅ
Spoiler alert
@DBXeNFT
and
@PulsechainCom
are included - and coming soon ๐
For the sake of
#FPOC
๐๐๐
#Base
you will be heavily stress tested.
#xen
is coming and
@DBXen_crypto
follows closely.
Combining 2
#DeFi
protocols in a co-launch is ๐คฏ
Let's observe the results.
Don't forget that a lot more to come
@DBXeNFT
@playWAM
#X1
and mooooore
If we look at the current status of the market, $DXN minters have spent ~17.5M $ to mint ~560K $DXN => 1 $DXN = 17.5M/560K=~32$. It is true that, ~4K ETH (7.2M) was paid back to the stakers. If we subtract that value => 1 $DXN=10.3M/566K= 18$.
$DXN is now traded at ~12$ ๐
100% of this pool was given to the $DXN stakers in 43 days.... Can't wait to see what the
@DBXeNFT
will yield.
Btw, thanks
@jarosciak
for . It's so easy for me to take this snapshots now :)
First max batch for this address.... What a strong entrance into the lobby today ๐ฅ
In the same time $XEN pumps while $DXN looks more and more like a stable coin, while out of 281,460.23 $DXN minted, 241,572.88 $DXN are staked, and some already burned for $Xenlon
@DBXen_crypto
in just 10 days the community received 100% of the 1M$ accumulated in the contract.
Check out for more info and go to and participate to the๐ฅ
@DBXen_crypto
(to date) 4.7T $XEN burnt to mint ~1.075M $DXN ๐คฏ
$DXN holders keep ~1M $DXN in the vanilla staking contract ๐คฏ
Soon
@DBXeNFT
will be launched. Looking forward to analyze the numbers after that ๐๐๐
After days in a row with over 100 GWEI (in average), it seems that 50+ GWEI is a bargain :)) Result? $DXN minters stared burning $Xen again contributing to a big payday for $DXN stakers. Keep in mind that there are still 5h to go in this cycle and $Xen is at a discount too...
With
@NXD_Protocol
launching today and
#Q
and
#X1
on the horizon, the $XEN burn has reached an all-time high since August 5th, 2023 (30+B $XEN).
Our innovation lab's hyperstructure is firing on all cylinders. ๐๐ฅ๐
@DBXen_crypto
@XEN_Crypto
โฏ๏ธ
2800+ Eth $DXN holders while 90%+ staked in
@DBXen_crypto
and
@DBXeNFT
.
@ethereum
$DXN is the most spread amongst all chains.
Price discovery phase continues and 100% carried out by the community => no fake market making, no CEX, no way to manipulate price by the VCs or OAs.โฆ
Rough bear market but some of us see the ๐๐in the room.
@DBXeNFT
is the first NFT that yields trustless income in $ETH (and other native coins) just by holding it.
@DBXeNFT
will be soon tradable on Mastodon marketplace.
@DBXeNFT
is a trustless / decentralized OTC for $DXN,โฆ
Looking at the current state of affairs that will impact
@DBXen_crypto
:
A. the short term roadmap:
1. NXD protocol early April
2. Q mid late April
B: Unknowns:
1. X1
2. POB allocation
C: mid term:
1. Mastodon on other chains
2. Mastodon listing of new assets
3. Mastodonโฆ
My mission in this
#bearmarket
is to create fairly launched distribution mechanisms for crypto assets so that we (and other builders) can develop dapps on top of them (preparing for the
#bullmarket
).
What is yours?
@DBXen_crypto
@playWAM
@DBXeNFT
@mrJackLevin
@DBXen_crypto
I think that it is extremely important to also observe the liquidity increase. At the time of this post, DXN liquidity is over 42K. I would like to give a big shoutout to the community for this fair crypto price discovery process ๐
@DBXen_crypto