Logo
Cardano Ecosystem

Cryptobuzz

01/31/2022

·

25.4K views


ADAX DEX Has Officially Launched on the Cardano Mainnet

Adax #1 Cardano Dex is now dwell! NICOSIA, Cyprus – January 30, 2022 – (Newswire.com) The lengthy wait is lastly over, as ADAX DEX v1.0 is dwell on the mainnet. This decentralized alternate will proceed to guide by instance,...

ADAX DEX Has Officially Launched on the Cardano Mainnet

Adax
#1 Cardano Dex is now dwell!

NICOSIA, Cyprus – January 30, 2022 – (Newswire.com)

The lengthy wait is lastly over, as ADAX DEX v1.0 is dwell on the mainnet. This decentralized alternate will proceed to guide by instance, make significant contributions to the Cardano ecosystem, and ship on long-held guarantees.

ADAX DEX V1.0 is ruled by a philosophy of decentralization whereas utilizing the order-book mannequin to ensure fully non-custodial and censorship-resistant buying and selling. ADAX customers can start their journey of effortlessly executing sensible contract-based trades immediately and at a fraction of the price of doing so on the Ethereum blockchain. 

Six months of painstaking world and delays past the crew’s culminate within the main product launch of ADAX DEX V1.0. It’s an intricate worth of infrastructure that may show essential to the long-term prosperity of the Cardano ecosystem and those that depend on it. 

Below the ADAX DEX v1.0 banner, customers can leverage a number of instruments and options the Cardano neighborhood has been ready on, together with:

  • An order-book mannequin with on-chain swap execution and concentrated liquidity orders
  • Each order is cut up into smaller UTXOs to keep away from community congestion
  • Plutus sensible contracts to make sure full decentralization
  • An intuitive and frictionless consumer expertise
  • Widespread pockets integration: Nami Pockets is totally suitable at launch, with GeroWallet and CCVault help arriving within the subsequent few days.
  • Revolutionary buying and selling instruments offering insights into market sentiment by way of the Stockgeist.AI partnership.

ADAX DEX will proceed to push the boundaries of bringing trustless decentralized exchanging to the Cardano ecosystem. Partnerships with Netvrk and BlackDragon will play a major position in these proceedings, alongside relationships with multi-functional Cardano pockets GeroWallet, DeFi protocol VyFinance, blockchain telecommunications infrastructure supplier World Cell, and decentralized oracle Charli3

ADAX DEX famous an oversubscribed personal sale and an overwhelmingly profitable IEO on ExMarkets in 2021. Moreover, Roger Ver and Mate Tokay, amongst different necessary crypto stakeholders, have supplied backing for the mission.

About ADAX

ADAX is an automatic liquidity protocol that facilitates non-custodial and censorship-resistant trades throughout the Cardano ecosystem. ADAX seeks to obviate the necessity for centralized middlemen, facilitating token swaps, offering ample asset liquidity, and broader reorientation of the DeFi world in the direction of Cardano. ADAX customers will be capable of effortlessly execute sensible contract-based trades immediately and solely at a fraction of the price of the Ethereum community.

Press Launch Service by Newswire.com

AD

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


Read Original Article on Cryptobuzz

ORIGINAL SOURCE

https://cryptobuzz.co.uk/2022/01/30/adax...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from Cryptobuzz

See more
Bitcoin, Dogecoin & Cardano — Asian Wrap 11 Apr
Cryptobuzz
Bitcoin, Dogecoin & Cardano — Asian Wrap 11 Apr

04/11/2022

·

1.5K views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)