ADAX Have Just Changed the Game, Offering Censorship-Resistant DeFi via ADA
10 Agosto 2021 - 05:12PM
NEWSBTC
In the history of every successful startup, there comes a
‘defining’ moment – a moment when the vision of its founders
clashes with the impossible and, against all odds, triumphs by
becoming a reality. ADAX, a decentralized exchange (DEX) within the
Cardano ecosystem, has just experienced that moment. We are
thrilled to demonstrate that, as promised, ADAX’s trustless
protocol will enable censorship-resistant token swaps within the
Cardano ecosystem, make full use of ‘social sentiment’-based
trading tools, and ensure ample asset liquidity through unique
liquidity pools. For the last three months, our team of seasoned
developers and finance professionals have been working tirelessly
to hit this milestone. We are now proud to say that we are on the
right track. Welcome to the DeFi world powered by frictionless
transactions on ADAX. Platform Key Features Modern UI/UX Our UX
team have spent countless hours making sure that ADAX DEX is built
according to the industry’s best practices and that the user
experience is both intuitive and frictionless. Take a look at the
new UI designed for your convenience at ADAX.pro. Effortless Token
Swaps ADAX DEX protocol is streamlined to be lean and mean. ADAX
users are empowered to execute smart contract-based trades
instantly and only at a fraction of the cost of the Ethereum
network. ADAX also has no order book – all intermediaries and
cumbersome procedures have been stripped out of the equation,
giving users untrammelled freedom to trade without ever giving up
control of their assets. Revolutionary Social Sentiment Trading
Tool Thanks to our exclusive partnership with Stockgeist.AI, a
market sentiment monitoring platform, ADAX’s traders will be
empowered to re-calibrate their investments based on early signs of
changing ‘social sentiment’. By utilizing the data scraped from
social media sites like Twitter, Facebook, Reddit and Discord,
ADAX’s traders will know exactly which tokens are getting hot and
which are cooling down, thus stretching their lead over the
competitors even further. Deep Liquidity Pools Most liquidity pools
in existence rely on dynamically changing ratios, with impermanent
loss rampant in low-volume assets, often undermining the very
risk/reward-based rationale of early liquidity providers. ADAX
liquidity pools are different and do not suffer from that
all-too-common problem that saps the market liquidity services of
our competitors. Seamless Wallet Integrations To inch closer to the
goal of becoming the UniSwap of Cardano, ADAX is in the process of
ensuring widespread wallet integration. Will offer full support of
Yoroi, GeroWallet and CardsWallet, we have many more API-based
integrations planned for the immediate future. Throughout our
journey to ensure the prosperity of all stakeholders within the
Cardano ecosystem, we have received more support than we could have
ever predicted. We’ve had an oversubscribed private sale and a
tremendously successful IEO on ExMarkets. We’ve also cultivated
partnerships with projects like Charli3 and BlackDragon and
welcomed the backing of some of the most important crypto
stakeholders, including Roger Ver, the so-called ‘Bitcoin Jesus’,
and Mate Tokey, a co-founder of Bitcoin.com. Most recently, our
list of valued relationships has expanded to include GeroWallet, a
multi-functional Cardano Wallet, and MELD, a leading non-custodial
banking protocol. The latter will be using our platform as the
designated DEX for their token and providing the Polygon bridge to
further increase the cross-chain spread that ADAX is aiming for. In
short, we are both extremely excited and humbled by the amount of
support we have received. We hope that by delivering on our
promises, we can begin to give back to the enthusiastic Cardano
community, which continues to support us throughout our quest to
become the most powerful trading venue within the Cardano
ecosystem. To find out more about how ADAX is changing the world of
DeFi on Cardano, visit the website at https://adax.pro/
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