Cryptocurrency

Acardex Aims To Be The Biggest Defi Platform On Cardano Network With A Working DEX & NFT Marketplace

The Cardano network is set to see a big step forward as Acardex project prepares its native launch on cardano.

When in full operations, Acardex is set out to become the most unique DeFi on the Cardano network that utilizes the automated market maker protocol in the carrying out of its core purpose as a decentralized exchange for seamless swap of native and non-native tokens and trading of Cardano based native tokens.

Acardex is also on a mission to offer other DeFi services like Initial Dex Offering launchpad, NFT marketplace, Borrowing and Lending protocol and much more.

Acardex protocol is also on a mission to offer other DeFi services like Initial Dex Offering Launchpad, NFT marketplace, Borrowing and Lending protocol and much more.

Features Of Acardex

Anonymity: The first important advantage associated with Acardex decentralized exchanges would refer directly to the anonymity of users. Users do not need to pass the standard identification procedures such as Know Your Customer or KYC processes with decentralized crypto exchanges.

Native Token availability: All native tokens on Cardano will be available on our platform that is to say, Acardex provides easier availability of tokens, especially the ones minted on the Cardano blockchain.

Reduced Counter-Party Risks: Counter-party risk is clearly evident when one of the parties involved in a transaction does not fulfill their contractual obligation. This will be cancelled out as there will be no need for any intermediary for transactions, rather through our smart contracts, automated means of processing transactions is assured, and this ultimately entails gaining freedom from counter-party risks.

Low security risks: This simply means that users are in charge of their funds and wallet, no one can literally freeze or hack decentralized exchanges as they provide users with private keys. The unique highlight of a DEX or decentralized exchange is that it does not control the funds of users.

$ACX Token Use Cases

The native token which will power Acardex network is $ACX and its total supply will be 1,000,000,000 ACX

Acardex use cases include but not limited to;

– Ability to trade ADA for other Cardano Native Tokens

– Ability to cast votes and participate in the governance of the platform

– Used for payment of fees such like Swap fees and slippage fees

– Ability to participate in Acardex’s NFT decentralized marketplace that is open and accessible to everyone

– Acardex token early adopters will be allowed exclusive access NFT Drops, list their NFts, set a price and sell their assets on our marketplace.

ACX Token Seed-Sale Details

1 ACX = 0.00125 ADA

1 ADA = 800 ACX

Minimum Buy: 300 ADA

Maximum Buy: 30,000 ADA

To participate in the On Going ACX Seed-Sale, users should only use Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet or Adalite Wallet.

Comprehensive guide will be made available on how to participate in the ACX Seed-Sale

Remember, users can only participate in the Seed-Sale via our website: https://acardex.io/seed-sale.html

Arcadex Socials Connect

Website: https://acardex.io/

Telegram Group: https://t.me/acardexcommunity

YouTube: https://www.youtube.com/channel/UC1leD8budK_31CAI92jluuQ

Twitter: https://twitter.com/_acardex

Medium: https://medium.com/@acardex

Ananthi R

Crypto trading has enticed Ananthi R to write for TechBullion. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.

Share
Published by
Ananthi R

Recent Posts

How to Rent a Cab in South Goa Without a Driver

If you're planning a trip to Goa, one of the first things you'll need to…

2 hours ago

Career Motivation For Fresh Licensed Nurses

A career in nursing can be both personally and professionally rewarding. As a nurse, you…

2 hours ago

Linner Nova: The Hearing Buds from Linner Generating a Lot of Buzz

Providers of innovative medical devices, Linner, continues to garner reviews for Linner Nova, a revolutionary…

3 hours ago

7 Best Bitcoin Mining Software In 2022 [Free Tutorial]

Ten years after Bitcoin's first success, cryptocurrency mining is still hugely popular. As it is…

3 hours ago

What Is Premises Liability? What To Do In Such Situations?

The most significant responsibility of a property owner is to maintain a safe environment for…

4 hours ago

Peppy Pet Ball Reviews (Critical Update): Why Peppy Pet Ball is the Best Pet Toy.

Peppy Pet Ball Reviews After several hours of research, consulting experts on peppy Pet Ball…

4 hours ago