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dexIRA

DEX
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News

DeFi Development Corp's Treasury Strategy Involves Active SOL Management

DeFi Development Corp's Treasury Strategy Involves Active SOL Management

chest
DeFi Development Corp employs a strategy of accumulating and staking SOL while deploying part of its treasury on-chain.
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Filippo Romano

STRC Hits Record High Daily Trading Volume

STRC Hits Record High Daily Trading Volume

chest
On May 14, 2023, STRC achieved a record daily trading volume of $153 billion, indicating strong market interest in Strategy's capital-raising efforts.
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Emily Carter

Strategy to Repurchase $1.5 Billion of Convertible Debt Notes

Strategy to Repurchase $1.5 Billion of Convertible Debt Notes

chest
Strategy, formerly known as MicroStrategy, plans to repurchase $1.5 billion of its 2029 convertible debt notes to retire debt and reorganize its balance sheet.
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Tomas Novak

THORChain Suffers $11 Million Hack

THORChain Suffers $11 Million Hack

chest
THORChain suffered a significant hack, resulting in losses of $11 million across four blockchains.
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Katerina Papadopoulou

What is dexIRA?

dexIRA provides fully automated multi-currency dividend rewards, advanced buyback protocols and tokenomics that promote long term holding and wealth generation. The platform is based on the synergy of two concepts: DEX (decentralized exchanges) and IRAs (Individual Retirement Accounts). Borrowing from the long-term investment idea behind a traditional IRA, dexIRA investors can grow their holdings commission-free similar to tax-free IRA contributions. This allows members to increase their stake in the reward pool over time without sacrificing initial capital. After a one-year holding period, investors can sell their DEX holdings tax-free and penalty-free. However, similar to the age restrictions on a traditional IRA, if holders choose to sell early, they're penalized.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.