Tokens are establishing a cryptocurrency trading platform, introducing Dynamic Trading Rights (DTR), bringing revolutionary changes to the current trading environment, providing a credible, transparent, secure, and reliable place to trade ERC-20 tokens and other cryptocurrencies.

The DTR (Dynamic Trading Rights) tokens will represent the right to trade any currency pair listed at any time on the token platform. DTRs used for trading will be periodically destroyed on the Ethereum network.

I. Project Introduction

Dynamic Trading Rights (DTR) is a token launched on the Ethereum blockchain in 2017, designed to serve as the next-generation cryptocurrency trading platform, Tokens.net. Its primary use is as the fee settlement system for the Tokens.net cryptocurrency exchange, but it goes beyond that. DTR is the transaction fee charged based on the market price of DTR at the time of the transaction.

Tokens.net funded the development of the token platform by selling all future transaction fee coupons to its ICO supporters. The coupons will be sold in the form of future trading rights and represented by an ERC20 token created under the code DTR. DTR tokens will represent the right to trade any listed currency pair on our token platform at any time in the future.

The volume of transactions a user can execute with a single token will be dynamically set based on the market price of DTR at the time of the transaction. Trades by DTR holders will be charged at the best ask price, unaffected by market depth. Any platform customer without DTR will be charged fees in DTR. Fees will automatically convert into DTR, and customers holding DTR will have DTR deducted from their balance based on the market value of DTR. DTRs used for trading will be destroyed on the Ethereum network using a smart contract designed for periodic token destruction. If a customer trades without any DTR, the fee will be charged in the currency they are currently using and converted into DTR tokens in the background. These rules incentivize platform customers to purchase Dynamic Trading Rights (DTR) tokens in advance and "burn" them for trading.

II. Commentary

Compared to other exchanges, the platform coin of Tokens.net will introduce Dynamic Trading Rights (DTR) to revolutionize the current crypto trading landscape, as the exchange will not charge trading fees for operations. Instead, it will use transaction fees to buy DTR tokens, which will be repurchased and destroyed through smart contracts. The most recent destruction event took place on May 27, 2019, with 1.125 billion DTRs destroyed, representing 30% of the total supply of DTR tokens.

The uniqueness of DTR will result in lower effective trading fees over the long term, attracting market makers, whales, and other traders seeking low-cost and low-fee trading tools. The price of DTR will also be linked to trading volume, meaning DTR will act as a hedge during times of uncertainty and price corrections in the crypto market, potentially becoming "the crypto safe haven of the future."

Related Links:
https://www.tokens.net/
https://www.tokens.net/cryptocurrency/dynamic-trading-rights-dtr/#
https://medium.com/@tokensnet/dear-crypto-community-4accb1d279bb
https://www.tokens.net/blog/biggest-destruction-event/