I am optimistic about the DPX project even in a bear market. The community on Discord is incredibly strong and the team comprises of talented individuals. DPX is a network options platform that resembles Robin hood and has already launched several products, including Single Staking Options Vault (SSOV's) and ATLANTIC Straddles, with more on the way. The Dopex ecosystem has two main tokens, DPX and rDPX, with DPX being the main token for management and fee collection, and rDPX being the discount token minted from fee collection*.
*Every time the bonding process mints dpxETH, a portion of the bonded ETH is used to purchase and break the LP, which is then re-lp'd at a higher ratio. The purchased rdp is burned from the treasury.
As the number of offers for rDPX decreases, the value of rDPX in US dollars increases, as per the project's tokenomics. With a well-thought-out roadmap for this quarter and full implementation of tokenomics in Q1, I am extremely optimistic about this project and its future success.
DYOR, NFA Show Less