And giving it to a MUX and again to demux and then subtracting +Vdc/2 and -Vdc/2 and again giving it to a gain of .5. Why these are required? Why that .5 again?
Dear Muhammed, what you want to reach when you gives upper and lower votages to MUX and DEMUX? These two operations doesn't change anything - you still have +Vdc/2 and -Vdc/2 in two wires respectively. On the other hand be sure, that the first input singal on MUX is still the first out into DEMUX (especially if one of this blocks is rotated).