Dynamic Trading Rights (DTR)
Why is Tokens.net the best exchange to buy Dynamic Trading Rights
DTR tokens are not mineable. Supply reduction is performed through the process of burning DTR. These events are known as DTR destruction events.
Technology & Supply
Learn more technical information about the digital asset.
How DTR Is Used?
DTR’s primary utility function is trading fee settlements. Tokens.net traders can pay their fees with DTR to get discounts on trading fees. Trading fees paid in DTR with the applied discounts are calculated based on the active DTR market price at the time of the trade.
DTR offers Tokens.net users holding DTR funds in their exchange wallets additional benefits. Traders can hold DTR in their Tokens.net wallets to achieve higher Levels (LVL) based on their DTR balances. Achieving higher Levels (LVL) brings more benefits, such as Loans fee discounts, better affiliate commissions, and trading volume bonus for entering trading competitions.
Learn more about Fees & Bonuses, Levels, and DTR benefits for Tokens.net users here.
How to Buy DTR?
What Is DTR Burn?
DTR that is used to pay trading fees supports Tokens.net’s greater trading volume transparency, which is achieved through destruction events, also known as DTR burn. Destroyed tokens become permanently untouchable and unavailable for further transfers, consequently decreasing the total supply of tokens. DTR tokens are burnt via the smart contract burn function. This way, anyone can easily verify if the burn occurred, when it happened, and the number of tokens burnt.
Biggest Destruction Events to Date
In 2019, Tokens.net celebrated its first year of operation. To celebrate, it organised its biggest destruction event. A staggering 1.125 billion DTR were cryptographically destroyed, resulting in 30% shrinkage of the total DTR token supply
IIn 2020, the second-largest burn happened when 482,507 DTR were destroyed as a result of record-high trading volumes.
How much DTR is waiting to be burnt and the number of burnt DTR to date can always be checked by visiting the DTR real-time counter.