Problem & Solution

Problem

• Many decentralized exchanges list an extremely large number of uncurated tokens. This is a potential danger to investors.

• Decentralized exchanges have no information about how capital has been raised for a project. They also have no knowledge on the safety of the team or the projects that they list.

• Decentralized exchanges do not choose the best option in trading for people that make use of their services, instead they always act in their own interest.

• Current decentralized exchanges only share revenue with investors that add liquidity on their DEX and not with the investors actively trading on it.

Solution

Passive Income introduces the PSIDEX.

Passive Income adds partnered and vetted tokens to PSIDEX as default tokens, this increases security for investors. Tokens can also be added to the PSIDEX by launching through Passive Income’s launchpad, the PSI-PAD. By only adding these trusted tokens to the default list, users are able to quickly select these tokens using a drop-down menu instead of using contract addresses. This increases security for new investors and helps streamline their journey.

Working as a fee aggregator across the entire Binance Smart Chain, our platform is able to provide the best value for users by picking the best possible price against multiple exchanges. The PSI-DEX is a fee aggregator application which compares the prices of tokens across multiple exchanges to ensure our users always get the best possible deal for each of their trades.

After extensive research and making some groundbreaking code changes to the official PancakeSwap exchange, we have adapted it to fit our vision of Passive Income and integrated it into our ecosystem while retaining a familiar UI. Our changes have managed to not only improve upon the original code but have also enabled us to share a portion of total trading volume with our PSI holders. The PSI-DEX is an integral part of our ecosystem and we highly recommend that all of our partners and investors utilize it where possible.

The PSI-DEX has been developed to be familiar for anyone who has used a decentralized exchange before. The platform has all the features you expect from a leading DeFi exchange, except with faster speeds with a built in price aggregator. For those who are newer to cryptocurrency platforms, we have created a number of guides and video walkthroughs to help guide you through the process.

All of our platforms are designed to drive revenue into the Passive Income ecosystem that will then be shared with PSI token holders. The PSI-DEX is no exception as a small percentage of every single trade is shared amongst our holders via our PSI buyback program. All exchanges add a very small additional fee to each trade, the only difference with the PSI-DEX is that we redistribute this to our PSI holders. 0.1% of total trading volume is shared amongst PSI holders.

By having full access to our own exchange platform, we are able to add farming pools for our partner tokens and add trusted projects to our default token list. This gives PSI-DEX users the ability to farm tokens that they may not be able to farm elsewhere whilst also avoiding contract address scams.