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dexIRA

DEX
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News

Kidd Outlines Ripple's Vision for Blockchain Banking

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Greg Kidd outlines Ripple's vision for modernizing traditional banking through blockchain technology at the XRP Las Vegas conference.
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Tomas Novak

Greg Kidd Discusses Key Factors for XRP's Sustained Relevance

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Greg Kidd emphasizes the importance of liquidity and supply dynamics for XRP's functionality within the Ripple ecosystem.
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Katerina Papadopoulou

Investment Firms Set to Negotiate Venezuela's $60 Billion Defaulted Bonds

Investment Firms Set to Negotiate Venezuela's $60 Billion Defaulted Bonds

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A group of major investment firms, known as the Venezuela Creditor Committee, is ready to negotiate the country's defaulted government bonds worth $60 billion, potentially leading to a significant sovereign debt restructuring.
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Maya Lundqvist

SEI Crypto Set for Major Upgrades and Institutional Partnerships

SEI Crypto Set for Major Upgrades and Institutional Partnerships

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SEI crypto is preparing for significant upgrades and partnerships to enhance throughput, reduce latency, and drive adoption.
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Leo van der Veen

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.