Why use the PSIDEX?
Passive Income values the safety and security of all it's investors and users. The PSI-DEX has been designed to help prevent fake contract scams by adding trusted projects to the default drop-down list of projects. This makes the platform incredibly easy for those newer to crypto as it means you don't need to worry about copying the correct contract addresses.
Those familiar with crypto platforms will benefit from a better exchange rate and faster transaction speed on the PSI-DEX compared to other exchanges. We are able to do this by modifying PancakeSwap code and improving it in various areas.
The PSI-DEX will start to build a list of default tokens based on successful launches from the PSI-PAD. This helps to tie the ecosystem together and by getting listed on the PSI-DEX early on in a project's life we can help prevent copy-cat tokens and can also drive a substantial volume of transactions through our exchange.
If you are a Passive Income holder, then it is also beneficial for you to use the PSI-DEX as a small proportion of each transaction is shared between PSI holders. A single transaction may not amount to much, but as the platform starts processing a higher daily volume, this income stream can be a fairly lucrative revenue generator.
How to Use
A quick overview on how to use the PSI-DEX to purchase a token. Detailed guides are available in our knowledge base on our website. If you have any questions or concerns, please ask our team in Telegram.
Process
Visit the PSI-DEX Connect your wallet to the PSI-DEX In the top box, select your currency token ( usually BNB / BUSD / USDT ) In the bottom box, select your target token ( such as PSI )
Click the cog to open advanced settings
Set your slippage percentage (PSI is 3% - if unsure, ask your token’s community members)
Click the big swap button underneath the two boxes
Confirm the transaction in your wallet
What makes the PSI-DEX different to PancakeSwap or other DEXes?
PSI-DEX is the world's first frictionless yield generation DEX. This means that fees are accumulated and distributed to PSI holders whereas other DEXes use collected fees for their own projects and benefits. Besides that PSI-DEX always offers the best deal and makes use of multiple routers. As soon as another DEX is cheaper than PSIDEX, it trades through that route to get the best deal.
How do I list my token on the PSI-DEX?
Existing tokens can be listed on the PSI-DEX through a whitelisting process by the PSI team and this will add them as a default option. Another way to get listed on the PSI-DEX is by making use of our PSI-PAD launchpad. The PSI-PAD allows project owners to add liquidity directly to the PSI-DEX to support trading once their token goes live.
How are PSI-DEX fees distributed with PSI holders?
Fees collected by the PSI-DEX are sent directly to the Passive Income deployer wallet. Once the wallet reaches a set threshold, the collected funds will be used to market-buy the Passive Income (PSI) token. The purchased PSI will be distributed to all Passive Income (PSI) holders. Our dashboard provides an overview and insight for investors on how much they have earned from our revenue streams, allowing investors to see what benefits them the most.
Last updated