Dear STEMX.PRO users and partners, we are pleased to announce a number of technical improvements that have been implemented on the exchange. The details of the updates are described below.
✅ Separation of STEMX and sxUSD trades. Trading in STEMX and sxUSD currencies on the exchange is now separated. When buying team tokens for sxUSD, you will be able to sell them only inside this currency — sxUSD. By switching between sxUSD and STEMX trading modes, you will see different balances. If you purchased a team token for sxUSD, when you switch to STEMX, you will not see it on your balance sheet and will not be able to sell it within the other currency. This optimization aims to significantly improve liquidity for each team.
✅ STEMX rate optimization The liquidity of the STEMX currency has been increased and the market price calculation has been changed. This significantly reduced the volatility of STEMX relative to team tokens. Volatility was making it difficult for many users to understand the pricing of sports team tokens to STEMX, and this improvement aims to rectify that situation.
✅ Introduction of new parameters to the formula Added “IN PLAY” parameter. This is a coefficient for the team’s victory, which is applied only during a live game. The indicator is applied shortly before the start of the match, acting the whole match until the outcome is obtained.
✅ Closing of team token trades at the end of the match When a team plays a match, the system monitors this in real time. After 85 minutes from the start of the match, team token bidding is closed and will only resume when the outcome of the match is received. Due to the possible latency of live match data, there may be times for token manipulation at the end of a match, and this improvement is aimed at ensuring fair trading between the system and traders.
Thank you for your support and we appreciate your dedication to the STEM project. We continue to work on implementing new solutions and improving the STEMX.PRO exchange
