As we enter October, we are excited to announce the release of the dXCAD Governance Portal! You can now find it live at vote.dxcadswap.com. We are now ready to launch the governance system which allows dXCAD holders to propose, vote, and influence key decisions regarding the DEX.

What Can You Expect?

The dXCAD Governance Portal provides a simple interface where users can participate in decentralized polls. Similar to other governance platforms, users can vote on core proposals made by the dXCAD team. In the future, users will also be able to initiate community-driven ones if they hold enough dXCAD tokens*.

Governance will be split into two categories:

1. Core Proposals: These are decisions initiated by the dXCAD Core team — major changes that impact the broader direction of the platform, such as adjusting emission rates, adding new farms, or making tweaks to the DEX’s economic model.
2. Community Proposals: Any user with over a certain number of dXCAD tokens (to be defined by the team) will be able to create a proposal. This could involve adding new reward farms, adjusting existing reward pools, or suggesting feature upgrades. * (This will come at a later date).

The first proposal is expected to go live shortly and will centre around a new feature the team has been cooking, which is key to the future of dXCAD.

How It Works

Governance votes will operate on a snapshot mechanism, where the voting power of users is based on the amount of dXCAD they hold at the time of the snapshot. Each proposal will have a set duration during which users can vote, and the system will automatically tally the results at the end of the voting period.

Emission Update: Q4 Changes

In line with our long-term tokenomics plan established in 2022, dXCAD emissions have been reduced from 65 dXCAD/day to 60 dXCAD/day as we enter Q4. This reduction ensures the circulating supply decreases over time, keeping the ecosystem deflationary and sustainable.

This cut in emissions is an important step in maintaining dXCAD’s value as the platform grows. As previously mentioned, reducing emissions gradually helps dXCAD retain its scarcity and value.

Conclusion

The release of the dXCAD Governance Portal is a major — and now accomplished — milestone in our journey toward bringing more use cases to dXCAD and the ecosystem.

We appreciate the ongoing support from the community, and we look forward to seeing your proposals and votes on the portal!

Stay tuned for more updates and details to follow about the new proposal

dXCAD October Monthly Update was originally published in dXCAD Official on Medium, where people are continuing the conversation by highlighting and responding to this story.

As we move through September, we are excited to share the latest updates and progress at dXCAD.

Governance

Development for the dXCAD governance portal is in its final stages. We are doing some final tests before releasing it this month.

Trading

As anticipated, the XCAD team has been adding more creators which means more trading volume in our DEX.

During this month, we have seen the new addition of FERDAN and more are to come as creators are rolled out in the following weeks.

Farms will be added when the XCAD team is ready, the dXCAD team has done all the setup to create new pools and farms seamlessly.

Future Steps

As mentioned in the Telegram chat, we have a new exciting feature for dXCAD coming up. This feature is complete, but we feel it is important to release it at the right moment, so expect to hear more soon.

We are still looking into upgrading the DEX, considering v4 pools as a good option to bring some flexibility during future features as well as reduce the overhead when working with other items we looked into that were proposed by the community.

Conclusion

We appreciate your support and promise we still have more to come.

Stay tuned for more updates next month!

dXCAD September Monthly Update was originally published in dXCAD Official on Medium, where people are continuing the conversation by highlighting and responding to this story.

As we move through August, we are excited to share the latest updates and progress at dXCAD.

Governance

Development for the dXCAD governance portal is nearing completion, with a planned release next month.

This completes a significant milestone in enabling us to work closely with the community.

Trading

We anticipate increased trading activity with the upcoming addition of five new creator tokens brought by XCAD to our DEX.

This is expected to drive more transactions on the dXCAD DEX, leading to more fees and therefore more dXCAD being burned.

We are discussing introducing additional farms for these tokens, which will further support the growth of the DEX.

Another item the team is working on is listing the DEX on platforms like Coingecko and CoinMarketcap. We hope to have that as soon as possible but it involves some dev work, particularly for opBNB.

What’s Coming

Regarding technical upgrades, we are evaluating the potential transition to a newer version of the DEX. While V4 presents promising features, our move will depend on the availability of resources for creating new farms and pools.

We want to ensure all necessary features are in place before committing to this transition.

Conclusion

Progress is looking good from where we stand and we look forward to the positive impact these new features will have on the dXCAD ecosystem.

We appreciate your support and patience, and as always welcome constructive feedback as we continue to build and grow.

Stay tuned for more updates next month!

dXCAD August Monthly Update was originally published in dXCAD Official on Medium, where people are continuing the conversation by highlighting and responding to this story.

The aim of this article is to keep the community in the loop with what is going on at dXCAD. First of all, we are happy to be ticking things off our roadmap, as all items from Q2 have been completed on time. We are aware people were expecting a few more farms to go live to increase liquidity but rest assured, we are still working on that with the XCAD team and it will continue to happen across Q3.

Creator Economy

We have started to see increased trading from the first XCAD V2 creator “TheDonato”. We believe this is a starting point and reason to increase the nominal trading fees generated by the DEX. The growth will be noticeable as more creators are added and trading volume increases.

The XCAD team are also looking to increase both the rollout and the liquidity for creator tokens, which dXCAD will play a key role in helping them achieve.

New Fee Structure

Related to the previous topic, and after discussions with the XCAD team, we have decided to increase trading fees. We will maintain a competitive rate to promote increased liquidity across pools on the DEX, whilst also not damaging the economy of creator tokens which is where the focus of the dXCAD DEX is.

Previous Structure

Treasury — 0.1%

XCAD Burn — 0.1%

dXCAD Burn — 0.1%

LP Providers — 0.16%

Total — 0.46%

New Structure

Treasury — 0.09%

XCAD Burn — 0.1%

dXCAD Burn — 0.1%

LP Providers — 0.3%

Total — 0.59%

We plan to observe how things flow throughout next week and adjust further if necessary. We are aware some community members wanted a higher raise and for fees to be assigned differently but at this stage, we need to grow both the DEX and its liquidity so we have to take it one step at a time.

Development Throughout Q3

Interoperability

During the last quarter, we have made some progress adapting to Zilliqa EVM, particularly deploying the dXCAD Token proxy on EVM successfully. We are following XCAD’s plan to proxy other V1 creator tokens, with some exciting plans ahead.

Zilliqa EVM DEX

Deploying Zilliqa EVM on the DEX is now much easier but will depend on how much demand there will be for the network, as we are constrained by liquidity. However, we now possess the tools to tackle any new approach that may be deemed necessary.

V3 Update

Another item that the team has been thinking about bringing back to the roadmap is V3/V4 liquidity, now that we feel there could be a need for its liquidity efficiency toolset. We are now analysing the technical challenge of adapting the front end to V3/V4 and looking at the possibility of options the release of V4 could provide for liquidity solutions.

Conclusion

Finally, we will be moving ahead with the implementation of a governance portal, which we aim to have ready by the end of the quarter.

Overall, we are happy to see the increase in volume, utilisation and growth of the platform. We will keep our channels open for constructive suggestions and feedback from the community while building throughout this new quarter.

dXCAD Q3 Update was originally published in dXCAD Official on Medium, where people are continuing the conversation by highlighting and responding to this story.

In this article, we plan to clear some pending questions from the community as well as informing them of the upcoming changes and releases that were previously announced in the roadmap.

Unclear Burns

1. “February burn” (2022) happened. There was no link because the tokens were only put out of circulation at the time. The transaction was run on March 6th as can be seen in the link provided multiple times by the users.
2. Early unstakes from SAS are automatically burned.
3. Most of the teams who provided LP complied with the return rewards agreement, however some went rogue and did not do this. Most if not all of these projects have now disappeared.
4. dXCADs received by the XCAD or dXCAD team, if any, have not been sold. They are in the same wallets that provide liquidity and can be easily tracked.
5. No more burns happened until April 2024, when the team did the first and only buyback.

Governance

We are looking into implementing a governance system. Details will be provided closer to its launch, scheduled for Q3 2024.

Links

We have received comments about the need to include other socials in our Twitter profile so we have decided to condense all our links into a Linktree

We have also received some comments about external exposure from other teams but apart from what is decided from time to time, we ask our community to be aware that we do not control other teams’ socials.

Suggestions

Some community members have brought up different possibilities of features we could integrate. We’ll address these individually:

• dXCAD vault. A suggestion was made to distribute tokens from other pairs for people staking dXCAD among other benefits. One thing we can do is boost stakers’ governance voting power, but we can not reward them with extra tokens for all pairs since it would mean a big redesign of the DEX (swap).
• Lower trading fees for stakers could go into our V3 DEX, we will be able to confirm this once the team starts working on these contracts. We can look into different structures.
• Governance only for dXCAD stakers: we can put it to vote on governance first for all holders. The logic and multipliers will be revised during implementation if the vote is passed.
• Fee structure: we think it needs a change but 2% as suggested is directly inapplicable as people would avoid the DEX completely and the XCAD team providing liquidity for creators will not agree to such a structure. Distribution to stakers as mentioned before is not possible.
• Stake dXCAD to get a token: this is a feature we like to have with other tokens but it requires a special type of partnership. Unfortunately, it is not possible with XCAD, but we will always leave the door open for other tokens if the opportunity arises.
• Exit fees: we are already applying penalties for early staking unlocks, which all go to the dXCAD burn. We cannot modify this as it would require another audit. We can modify percentages, however they are already within range.
• Loans: it would be interesting to reach a partnership with another project that supports this where we could integrate our liquidity. Currently, we have no way of developing this internally.

New Pools and Farms

As promised, we will be migrating some farms to BNB and opBNB chains. The plan is to remove incentives from unused Zil pairs as well as others related to XCAD that need more presence on these new chains.

The new pairs will be:

opBNB

• dXCAD/BNB
• XCAD/USDT
• XCAD/DON

BNB Chain

• dXCAD/BNB
• NRG/USDT
• XCAD/BNB

Additionally, two single-asset pools for dXCAD will be set up on each chain. We are in talks with the XCAD team about having a single-asset creator pool but it would not have rewards in dXCAD.

Next Steps

We have worked on adding some new pairs and farms this month, and our next priority will be implementing some pools and finally bringing some dXCAD to the BNB/opBNB chains.

We are working on increasing the dXCAD liquidity and exposure to a new user base trading creator tokens on XCAD’s V2 platform and we are making steady progress with the release of new features.

June Progress Update — Community Replies was originally published in dXCAD Official on Medium, where people are continuing the conversation by highlighting and responding to this story.

A few weeks ago we announced our plans to swap old Arbitrum XCAD for New Arbitrum XCAD 1 for 1, using funds from our treasury. The reason for this swap is that in July of last year, the Multichain bridge paused transactions due to issues within their company, meaning there was no way to either move XCAD onto or off of the L2 Blockchain. You can read more about this in our previous article here.

We are now happy to announce that the swap site mentioned in the previous article is now live.

Swap Site: https://arb-swap.xcadnetwork.com

XCAD v1 Contract Address: 0x921f99719Eb6C01b4B8f0BA7973A7C24891e740A

XCAD v2 Contract Address: 0x71dAbF1cCab1A7A0c622b7473614fdCe79F3600B

Link to Bridge: https://portalbridge.com/advanced-tools/#/transfer

This now allows users with XCADs stuck on their Arbitrum wallet using the old contract address to do a 1 for 1 swap for the new v2 token. The steps on how to swap your token are listed below.

How To Swap

Just follow these simple steps to get your v2 tokens.

1. Connect your Web3 Wallet (Metamask, Trustwallet, etc) to the site.
2. Hit “max” and then approve which allows the contract to use your v1 tokens for the swap.
3. Approve the transaction in your wallet.
4. Right after it’s confirmed you will be prompted for a second one which will actually do the token swap.

Once finished, verify the balance by adding the v2 address above or by using Arbiscan.

XCAD Arbitrum Token Swap is Now Live was originally published in XCAD NETWORK on Medium, where people are continuing the conversation by highlighting and responding to this story.

opBNB DEX Release

Today we are pleased to announce, after extensive development on adding EVM support to our decentralized exchange, the release of the opBNB dXCAD swap for opBNB this Tuesday (7/5/2024). This makes dXCAD one of the first platforms to support BNB Chain’s L2.

This is where DON & other Creator Tokens will be listed post-TGE. (The timing of DEX liquidity being added is the responsibility of the XCAD Team, you can read their DON launch strategy- here)

opBNB DEX Link: https://dxcadswap.com

At launch, the following pairs will be available:

• XCAD/BNB
• XCAD/USDT

The platform includes the same features developed for other chains, which are Liquidity providing, Swapping, Farms and Pools.

We’re also launching two new farms from launch, one on BNB & one on opBNB.

opBNB LP Farm

This week we are launching a 5k XCAD farm for the XCAD/BNB pair to incentivize liquidity on this chain for users who will be joining XCAD’s platform upon TheDonato’s token launch.

This launch highlights the benefits of having an EVM-compatible trading platform and the time invested in the ability to support creator tokens with the necessary flexibility to adjust to the evolving needs of Web3.

Energy Farm — BNB Chain

We are also launching a BNB/NRG farm in collaboration with Energy. This farm will provide rewards in NRG at a lower rate than nerds, particularly for users who do not have time to Watch2Earn on certain dates, but would still like yield even if at a lower rate. This farm will be added by the XCAD Team shortly.

Overview of dXCAD

dXCAD was first created and airdropped to XCAD holders to be solely a decentralized exchange for creator tokens, a place where liquidity was added for users to trade within the XCAD plug-in. As things grew, it expanded to try and be more than just a CT DEX on an ecosystem (Zilliqa) with not many options to choose from. Sadly, the Zilliqa chain did not gain traction as expected, so launching certain components such as launchpads, NFT marketplaces for the ecosystem as well and other listings is just not realistic at this time, with very few new projects being built nowadays.

Since then, there have been very few updates within dXCAD. We apologise for this, there were issues with numerous third-party developers who were employed to run operations and development unsuccessfully that have been replaced by a more capable team, as the community has noticed we are now able to begin launching products again. In the FAQ at the bottom of this article, we explain some of the answers to your questions.

Updated Roadmap and Strategy

We have now delivered both a BNB and opBNB dXCAD DEX, which were in addition to the original roadmap and vision.

Please note: The dXCAD DEX on these chains is strictly for Creator Tokens. We do not plan to compete with other BNB or opBNB DEXs such as PancakeSwap or Thena.

Aligned with the original vision, and to confirm. The dXCAD DEX across all chains is the home of the Creator Token liquidity pools which the XCAD Plug-In uses.

Today we are releasing an updated roadmap, which is light and may expand over time as the creator ecosystem expands.

ROADMAP

FAQ

We have answered a few questions raised by the community. While this may not address every single topic, we plan to use this section at the end of each article moving forward to cover as much as we can.

When will burns occur from now on?

Quarterly. The volume is not high enough to warrant monthly burns at this point. We also want to highlight that the team also included a part of the treasury’s tokens in the burn, and has also not sold a single dXCAD (or XCAD) as can be easily seen on-chain.

What about funds from fees being swapped to dXCAD?

We will leave buybacks at the team’s discretion based on price and volatility. We are happy with the last one with many of the assets, such as Bitcoin being near ATH and the volume was enough to justify it. You can read more about previous ones in this article.

Why are there not more frequent burns?

Accessing those contracts is very time-consuming for the team, and as the community is aware we have to operate with as little resources as we can to keep ourselves lean. That being said, as more contracts are deployed we make sure to add the necessary mechanisms to do it automatically. However as mentioned before, the tokens that go into burns are put out of circulation as they are received so no practical effect happens from the quarterly burn.

Where can I see audits?

We have the audits for the contracts being used for farms and pools here https://drive.google.com/file/d/1vrYX--rxUJMchZh317W6kyM5ytg444iq/view?usp=sharing

https://drive.google.com/file/d/1HLY0_8GYE6v7ibPNc1MMIiUZttzhHgKA/view?usp=sharing

These contracts have audits obtained by the XCAD team.

The contract used for the DEX is a fork from PancakeSwap’s V2. Its audit can be found here https://github.com/slowmist/Knowledge-Base/blob/master/open-report/Smart%20Contract%20Security%20Audit%20Report%20%20-%20PancakeSwap.pdf

When will there be more liquidity?

We expect to attract more liquidity once trading for the DON token becomes active along with all the new pairs. As more Creator Tokens roll out, this is highly likely to attract more liquidity too.

What happened to outstanding Airdrops and SAS Pools?

There will be no more pools for Zilliqa-based projects for now, and airdrops have been completed. Many Zilliqa-based projects which are currently listed have been out of reach / have exited the ecosystem. We currently cannot dedicate more time and resources to this, as we are focusing on catering for creator tokens.

Will there be farms and SAS for CTs?

Yes, dXCAD will feature both of these. More information will be released after the Creator rollout.

What about SAS for dXCAD?

It is definitely a possibility as long as emissions allow it. They will happen on EVM.

Anything the dXCAD team can do about XCAD SAS top-ups?

One reason for these issues was the Zilliqa bridge being down, which prevented the XCAD team from topping up the contracts. The information is public about balances, so there is no need for us to proactively ping them about it. We will discuss this with the XCAD team but lately, top-ups have not been delayed for concerning periods, so this is not a big issue.

What type of things will governance work with?

dXCAD was and is a governance token for the dXCAD DEX. Here are some examples used in the original document regarding the governance decisions that can be made using the dXCAD

• Voting on Reward boosts for certain pools
• Voting on projects/tokens to receive rewards
• Adding other farms such as USDT/CARB
• Economic changes for the DEX

Governance will be reimplemented on EVM due to the challenges of maintaining the solution for Zilliqa. With more active users on the chain, we can now have a more stable platform for the decisions listed above.

dXCAD Emissions

Emissions were maintained higher than initially scheduled at times during 2023, this was to keep liquidity incentives high, and a decision taken by the previous management team. The additional tokens used for rewards have been taken from the foundation reserve, that reserve exceeds the additional emissions and is purpose-built for a situation like this.

dXCAD Update — opBNB Release, Farms & FAQ was originally published in dXCAD Official on Medium, where people are continuing the conversation by highlighting and responding to this story.

To provide full transparency to the dXCAD community, we are happy to inform our users that the dXCAD team has burned 7,419 dXCADs proceeding from the Zilliqa DEX fees as announced previously and in line with the current fee schedule described below.

We also want to mention that additional funds from the treasury were added to the burn as a sign of commitment from the team to the long-term sustainability of the project and a token of gratitude for the community’s patience with some delays that occurred in the past months.

XCAD Burn

Additionally, we proceeded to burn the corresponding part in XCAD, which totalled 56,115 XCAD. We bridged these XCAD tokens from Zilliqa over to Ethereum so that the burn would reduce the total XCAD supply. The burn can be seen here.

New Opportunities

With this phase completed, the next milestones of dXCAD aim towards further supporting the XCAD ecosystem now that the BSC DEX development has been completed.

During the next weeks, there will be a few releases that we know the community has been looking out for.

BNB Chain

1. XCAD/USDT LP Farm — Users will be able to stake their liquidity tokens for rewards in XCAD
2. dXCAD/BNB LP Farm — a new dXCAD farm aimed to provide additional liquidity on the BNB Chain
3. New single-asset pools — TBA

dXCAD Burn + Next Steps was originally published in dXCAD Official on Medium, where people are continuing the conversation by highlighting and responding to this story.

We are thrilled to announce a significant milestone in our journey: the launch of the dXCAD EVM DEX! This decentralized exchange is a crucial addition to our and XCAD’s ecosystem, providing a seamless platform for trading digital assets and creator tokens.

Find it here and start trading! — https://dxcadswap.com

The First Listing: XCAD/USDT

Our inaugural listing on the dXCAD EVM DEX is the XCAD/USDT trading pair. Starting today, users can trade XCAD against USDT directly on our platform. This brings new options for accessing liquidity on the BNB Chain with fees supporting the dXCAD ecosystem. More LP will be added overtime as will other trading pairs, eg NRG/USDT

Expanding Pairs, Farms, and Pools

We have big plans for the dXCAD EVM DEX for the coming days as well. We will add more trading pairs, liquidity pools, and yield farming opportunities in both flexible and fixed-APR formats. Expect juicy rewards as we enhance the trading experience and create exciting incentives for our users. (The rewards will be in XCAD or dXCAD)

The First of Many Updates

The dXCAD EVM DEX represents the first version of a series of updates we have in store and have been putting our effort on for the past months. Currently, it operates on BNB chain as the first EVM chain. However, we’re pleased to announce that we will soon support opBNB as well. This move is essential to accommodate creator tokens within our ecosystem while maintaining the fee structure that defines the dXCAD experience.

A Glimpse into the Future

Our vision extends beyond the present. While we celebrate this milestone, we’re already looking ahead. Other networks — each with unique features — could become part of the dXCAD EVM DEX family. We’re committed to providing a diverse and robust trading environment for our community.

Pending dXCAD Burn

We understand that some of you have been eagerly awaiting the dXCAD burn. Rest assured, it’s on our radar. In the next quarter and following the opBNB launch, the team will execute the pending dXCAD burn. But here’s the good news: even before the burn, these funds are out of circulation, ensuring stability and security.

New Partnerships on the Horizon

With the dXCAD EVM DEX’s broader reach, we’re excited to announce that we’re open to new partnerships. If you represent a project that aligns with our values and goals, reach out to us. Together, we can shape the future of decentralised finance.

Thank you for being part of the dXCAD journey. Stay tuned for more dXCAD updates, and happy trading on the dXCAD EVM DEX!

Introducing the dXCAD EVM DEX was originally published in dXCAD Official on Medium, where people are continuing the conversation by highlighting and responding to this story.

The team is happy to announce the release of the new Energy app. It will be detached from the v1 XCAD App to focus on the gaming side of energy, making room for further development, and preventing users from confusing it with the XCAD side, which will remain more focused on the Creator Token ecosystem.

Below, users can find the main changes and features of the initial release.

NOTICE: Do not trade PLAY tokens, exchange them for NRG via the swap website and only trade the NRG token.

Users can expect downtime from approximately 13:00 to 17:00 UTC today (March 19th) while the migration takes place.

Please note, if you are just planning to use the Creator Token Section of the XCAD app, you DO NOT need to download a new application, the Creator Token section of the app will work normally after the migration is complete.

Energy Token Availability

Users can begin swapping PLAY tokens into NRG on the dedicated site (swap.theenergyarea.com). This will be as explained in previous articles, at a 1:1 ratio.

Liquidity has been added for NRG and the token (address 0x93eA2a6508D410490F2094fc68625522Ddc5cd9f) can now be traded on PancakeSwap.

New Energy App

After the migration is completed, users need to download the new versions of the app and extension. Links will become online once the migration is finished (please note these apps may be unavailable during the maintenance period).

Chrome Web Store (Plug-in): https://chromewebstore.google.com/detail/bdaappplfgelghmmanpgncganhnaabec

Play Store (Android): https://play.google.com/store/apps/details?id=com.theenergyarea.app&hl=en&gl=US&pli=1

iOS: https://app.theenergyarea.com

Home Page

Users will find two different home pages.

For example, the page will look like this if the user hasn’t minted a nerd yet:

Meanwhile, there will be an entirely different version of the home page for users already holding NERD NFTs

Swap Using the XCAD or NRG App

1. Click on the Wallet tab
2. Locate the NRG Token
3. Click on the Swap PLAY for NRG button.

A new tab will appear showing the swap.theenergyarea.com website

Locate the Connect button and connect the energy app with the website through Wallet Connect via QR or URI.

Enter the amount of PLAY tokens (or click max) and then Approve. Afterwards, the button will turn to “Swap” and click it again.

The NRG tokens will be available after the transaction is confirmed.

Tokens swap at a 1:1 ratio. Therefore, no price action is to be expected due to this migration, since liquidity will be migrated at the same rate to give users time to adjust.

New Menu

1. Watch: Allows users to explore channels where they can earn NRG tokens by watching videos
2. Inventory: Explore all the items the users own
3. Ranking
4. Wallet

Please note that the SWAP section has been removed from the main menu, but users can swap their tokens by locating the token they want to swap and clicking on the Swap button.

Battling

Joining a battle is now more straightforward! Users can battle by locating these options in the:

• Home page

• Watch page:

• Inventory:

Network

The Energy Area will operate exclusively on the BNB blockchain. None of these changes will impact Creator Tokens.

The New Energy APP — Release Notes was originally published in Energy Area on Medium, where people are continuing the conversation by highlighting and responding to this story.