InstaDEX
INDEX

0.00007264
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Market Cap
$ 0
Volume 24h
$ 0
INDEX
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Description
InstaDEX is a community and transparency focused crypto-currency based on a POW/POS/DEX unique system. InstaDEX utilizes a masternode and staking based algorithm in its primary long-term use case, focused on creating a secure network which is decentralized across a large user base of nodes not owned or maintained by a single party. This ensures the network stays decentralized and has no controlling ownership, and decisions for the crypto-currency are made via community governance, unlike most current financial world currencies. Masternodes provide the backbone to the network security, they are rewarded 70% of the block reward, they also are rewarded the fees from any cross chain atomic swaps they process, while staking partners receive the remaining 30%. We believe this provides sufficient incentive to participate while reducing volatility and delivering a stable currency.