Damex App

Damex
Glossary

What is the Damex Token?

It is a digital coin used in the Damex system for transactions, staking, and earning rewards.

What can you do with $Damex tokens?

You can use $Damex tokens to pay for services in the Damex app, earn rewards, and have a say in how the system is run.

Why are $Damex tokens valuable?

$Damex tokens are like special points you can use in the Damex app. You can spend them on services, earn more by doing certain things, or save them to get extra benefits. Think of them like game points that help you unlock special features or get bonuses.

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Related terms (by category)

Data Analytics

Techniques and processes used by Damex to improve their services and user experience by analyzing data.

DLT (Distributed Ledger Technology)

A digital system for recording the transaction of assets in which the transactions and their details are recorded in multiple places at the same time.

Digital Assets

Financial assets in digital form, including cryptocurrencies, stablecoins, and tokens.

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