DEXKIT is Building Better DeFi

DexKit
3 min readFeb 2, 2021

In this week’s episode of “unprecedented financial dumpster fires”, we join r/wallstreetbets, hedge fund short-sellers, and GameStop in a three-way cluster of epic proportions. If you missed it you can check out this article to catch you up. Essentially, the folks over at the subreddit r/wallstreetbets organized a group of retail investors to “pump” the price of GME (GameStop shares). The company has been steadily declining making it an easy target for short-sellers on Wallstreet.

Read the full article here!

The Argument for DeFi Markets

The beauty of decentralized finance is that there is no central entity that facilitates trading, asset liquidity, and market availability. Users can remain anonymous and retain full custody of their funds while making trades 24 hours a day. Not only that, but the decentralized model ensures transparency through the blockchain. This brings Robinhoods alleged sentiment of “democratizing finance” to life in a very real way. Market participants can invest from anywhere in the world, promoting TRUE financial freedom for all. Anyone can monitor wallets and contracts preventing double-spending and giving users the ability to have a clear picture of asset ownership.

DEXKIT’s ToolKIT is DeFi for ALL

DEXKIT is providing powerful DeFi tools to cryptocurrency market participants. Our team is building a full toolkit that will empower traders to trade and manage their crypto portfolios in an informed and straightforward way. All of DEXKIT’s tools can be branded and deployed through Whitelabel WordPress integration allowing partners to provide powerful tools to their audience while also benefiting from a customizable fee structure. DEXKIT is enriching the DeFi space and empowering users and creators to leverage powerful technology through easy to use applications.

The DEX aggregator has been running for months scanning over 14 of the most popular DEX protocols for the best liquidity sources and prices for tokens. It provides users with a simple and easy to use interface providing access to thousands of crypto assets. It uses Transak to allow users to purchase ETH directly from a credit or debit card. Start swapping HERE!

Read the FULL ARTICLE HERE.

KIT Token

KIT is the native token for all DEXKIT apps. By holding 750 KIT, users benefit from a 90% discount on swap fees on the DSwap aggregator. Holders can also stake KIT to receive a portion of the ETH fee pool. Every month fees are collected from all DEXKIT tools including affiliates. There is no penalty for unstaking and rewards can be withdrawn at any time. Anyone who wants to take advantage of the advanced features of the upcoming apps MUST HOLD KIT TOKENS. So stock up now before the apps are released! DEXKIT is bringing DeFi to the masses, so what are you waiting for? Join the community!

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DexKit

We build and provide open-source, lightweight and free DeFi tools for everyone. Start your crypto business today using our white label solutions.