The QENETEX team focuses on the development of technology and improving the quality of services with real applications. Our goal is to build a bridge between digital assets and the real sector of the economy, based on decentralized technology and global blockchain. Our mission is to secure and maintain a free exchange between people, regardless of political changes and conservative economic models. We strive to ensure that our users have access to their assets 24/7, all over the world and can make independent decisions about their management.
On the basis of this set of values, we decided to continue the development of non-guardian technology. Our first project is a non-guardian platform for Cryptocurbian assets. It is based on decentralized technology, allowing users to control their own funds without the possibility of interference (for example, the account blockage by third parties, including QENETEX).
The Qenetex platform is intended to serve as a link between user funds and various crypto services. The users can simultaneously manage their funds securely stored in the Qenetex wallets and access a variety of aggregated services united in one interface without the need to switch between many separate platforms. Such an approach significantly lowers the threshold for entering the world of cryptocurrencies for inexperienced users. For more experienced ones, it allows them to simplify and scale their activities.
Purpose
The Qenetex token (QEX) is an internal element of the Qenetex platform with numerous scenarios for its use. These scenarios can be divided roughly into several categories:
- Platform fees and payments
- Cashback Program
- Loyalty Program
- Farming Programs
- Token Usage Tax
- Limited Airdrops
- Launchpool
- Liquidity Providing
- Governance / Voting
Each of these categories implies the active use of the token by users. Moreover, some of the Qenetex services are closely interconnected, thus contributing to a constant circulation of the tokens inside and outside of the platform.
Features of the Qenetex platform include
- All functionality essential for crypto asset management: secure non-custodial storage, sending/receiving functions, built-in statistics and analytics, and HD-approach to working with keys and addresses;
- Buy/sell feature, exchange of cryptocurrencies with the help of our innovative and intelligent Exchange Search Engine (ESE) that can search for the best exchange rates among aggregated exchanges and liquidity providers, including the building of exchange routes through several providers and decentralized exchanges;
- Multitrading service that enables convenient management of assets placed on various crypto exchanges within one platform. The functionality of this service includes deposit and withdrawal of cryptocurrencies, classic limit orders as well as stop-loss and take-profit orders, margin trading, monitoring of activity on different exchanges, etc.;
- Participation in liquidity pools of decentralized exchanges (DEXes) connected to the
platform; - Participation in DeFi services connected to the platform;
- Purchase and placement of items on aggregated NFT-marketplaces, including different networks, within a single interface of the Qenetex platform;
- The Qenetex Launchpool service that allows users to access farming at the early stages of projects' development.
Platform fees and payments
The Qenetex token is an accounting unit for paying for internal purchases, subscriptions, and commissions of products and services provided by the Qenetex platform (including MultiTrade and Launchpool). Additionally, it helps deliver discounts for paying commissions for buy/sell and exchange operations, listing new tokens and coins in the wallets, adding new projects to the Launchpool, etc.
Payment of the commission in the token (QEX fee) provides significant benefits while using such services as Exchange, Buy/Sell, DeFi, and NFT. The QEX fee can be two times smaller than the standard commission and may become even smaller if a user has a loyalty level.
Cashback Program
One of the main tasks of the token is to allow users to minimize the cost of commissions across all services of the Qenetex platform and receive rewards for operations with the possibility of further utilization of the received tokens within the system. Therefore, our team created the Cashback Program, covering the following areas of the platform's services:
- Buy/Sell — cashback is received for each completed operation of buying or selling cryptocurrency for fiat money through the connected providers;
- Exchange — cashback is received for each exchange completed through the Exchange Search Engine that aggregates DEXes, centralized exchanges, liquidity providers, etc.;
- Multitrade — cashback comes for subscribing to advanced functionality, increased limits, and other internal services;
- Aggregated DeFi — cashback is paid for performing loan/borrow actions with the commission payments from external providers;
- NFT purchases — cashback is received for the purchase of NFTs within the Qenetex platform and paid with the funds from the referral programs offered by integrated marketplaces.
Cashback is paid in the Qenetex token, enabling instant payments after the transaction completion. It should be noted that the Cashback Program works only for members who have joined the Loyalty Program described below.
To support the operation of instant cashback payments, Qenetex presents the Cashback Provision program. Its participants contribute to the formation of the cashback payments' reserve by investing their funds in the pool while commission payments from the Qenetex partners and other sources of pool replenishment are accumulating. For maintaining the stability of cashback payments, pool members receive rewards.
Farming Programs
Our team designed several branches of farming to develop the ecosystem and fill liquidity pools,
thus ensuring the uninterrupted operation:
- Early LP Farming;
- Yield Farming;
- QFarming;
- Cashback Provision;
- Reflection;
- GTx Cashback.
Each of the presented programs encourages active participation in the development and support of the ecosystem. Users will automatically receive QEX for maintaining liquidity, partaking in the Loyalty Program, and ensuring the uninterrupted stable operation of the Cashback Program and the gasless transactions technology.
Buy/Sell crypto
Qenetex plans to actively develop the segment of buying and selling cryptocurrency for fiat money. For these purposes, our team develops a system that aggregates buy/sell providers from around the world in one place.
The purpose of Qenetex is to provide users with the most extensive list of providers, consisting of both well-known global companies and relatively small local services. Each provider added to the system is carefully selected by the team. Along with security, our most important priority is the quality of the resulting user experience. Therefore, Qenetex picks the most profitable buy/sell offers from the selected providers in each specific case.
Qenetex plans to operate worldwide, except for sanctioned countries with the imposed cryptocurrency ban. Note that some fiat program services may be unavailable due to the political or legal peculiarities of the country. For more information on current Qenetex legal documents, please visit the "Legal" section on qenetex.com.
This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below:
Website: https://qenetex.com/
Wallet: https://wallet.qenetex.com/
Telegram: https://t.me/Qenetex
Facebook: https://www.facebook.com/Qenetex
Twitter: https://twitter.com/qenetex
Instagram: https://www.instagram.com/qenetex
Youtube: https://m.youtube.com/channel/UCl6pPa4KCqGxi8UZ6r1SMQQ/about
Reddit:https://www.reddit.com/u/QenetexWallet
Linkedin: https://www.linkedin.com/company/qenetex/
Medium: https://medium.com/@qenetex
Bitcointalk Username: Callum Wilson
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3205393
Gmail: everlasting98989@gmail.com
Telegram Username: https://t.me/StefaniAuryn
Wallet Address: 0x519d48bad1f1490de5fc4a7db723a646284834d5
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