Glad to see you did your research and actually looked at the code. I hope I can answer all your questions here!
The DEX is not finished yet - we have been working on making an ETH / AVAX bridge over the past few weeks and have been making good progress in that. This bridge will allow people to send their AKITA over to AVAX and vice-versa.
The next step after the bridge is to implement AKITA governance on the DEX. Two new tabs will be added to the Polarfox DEX:
AKITA Liquidity Mining: This tab will be similar to the already existing liquidity mining tab, and allow users to stake AKITA against AVAX and / or PFX to earn gAKITA tokens, which will be the AKITA governance token.
AKITA Governance: This tab will allow users to use their gAKITA tokens to vote on various proposals to determine the future of the AKITA community.
Doing it this way will allow us to bring some AKITA over to AVAX and have proper governance, all in the same platform as the Polarfox DEX.
Another thing: the Polarfox PFX pre-sale will only be accessible to AKITA holders.
As time goes on, we will add more use cases for the AKITA tokens.
DreamSwap is a different project, intended for the people who want to stay on Ethereum and for the people who are interested in other meme coins.
As I am not a developer on DreamSwap, but only on Polarfox, I will not be able to give you as many details as for Polarfox.
The DreamSwap exchange is going to be about staking AKITA against other dog and meme coins to earn DREAM, the native token of the platform.
Basically, you could say it this way: we want AKITA to emancipate from its “meme token” status, while not forgetting its heritage, which we are not ashamed of.
Polarfox represents this emancipation. It will give the project governance and make it part of a bigger, more “professional” ecosystem.
DreamSwap, on the other hand, shows that we still like that heritage.
To answer your other questions / concerns:
The Akita token seems to not being used in the code.
This is correct as of now, but will change as we add new features.
You have the Akita contract in repo /Polarfox-DEX/polarfox-core/commit/5bf6f6c9fc697a618cad65ea37d952f9110aef6f but if you deploy this it would make new Akita token that you would control the entire mint balance of.
Correct. The reason we have it there is because we deployed it on the Ethereum test nets to properly test the bridge. We will also need its ABI later when making the AKITA governance. Since we already have experience making the PFX governance, this should not be an issue.
Why all these extra tokens?
Basically two extra tokens: one to control the Polarfox DEX, one to control DreamSwap.
You are asking why, here are some reasons:
- Funding: we have no funding at all so far, and only own little AKITA;
- Control: with no control whatsoever on the original token and with little supply, we’re basically asked to drive a car with no arms. On top of this, the AKITA token does not support governance. The PFX token will be different;
- Give rewards on the long-term: having a large supply of PFX will allow us to very slowly and gradually offer it to investors in various ways. The governance will be used to validate or refute this use of the PFX token. Some PFX will go towards funding the AKITA project, which we would be completely unable to do without another token.
- Implement a deflationary mechanism: having our own token means we can implement new features, and a deflationary mechanism is one we have decided to implement.
What is the use for Akita here?
I think I answered this in my already long post, but if I have not, let me know.
Thank you for your interest and your time, and I am here if you need anything else / have any other questions.
Have a nice evening / afternoon / morning / whatever