Acardex is a decentralized exchange platform on the Cardano blockchain

in acardex •  3 years ago 

ABSTRAK

cryptocurrencies platform are being launched in one smart chain network or another for the sole purpose of transaction making otherwise it won’t be seen as a cryptocurrency platform and however, there are lots of smartchain network in the blockchain industry which are numerous to mention such as the Binance Smart Chain Network, Ethereum, Polygon, Tron and lots more which they all have their uniqueness but to some merchant in the crypto sphere, their features were not good enough for them which is to say that it is not satisfactory and that is of the reason why new smart chains are coming up such as the Cardano although it can’t be called a new chain simply because it was founded in the 2017 by Charles Hoskinson which was one of the brains too that created the Ethereum chain and its major reason for creating the Cardano Chain is on the notion of addressing challenges that is foreseen in existing blockchain which the Cardano is one unique chain that is having a Proof of Stakes (POS) method to verify the creation of new blocks, these are those awesome feature seen in the Cardano chain that has made ecosystem like the Acardex to be powered by the Cardano Smart Chain.

image.png

WHAT IS CARDANO

CARDANO WAS FOUNDED BY CHARLES HOSKINSON IN 2017, THOUGH HE FIRST STARTED TO DEVELOP THE PROJECT IN 2015. HE ASSISTED IN THE CREATION OF ETHEREUM BLOCKCHAIN TECHNOLOGY AND IS THE CO-FOUNDER OF INTERNET ONLINE HONG KONG POPULARLY KNOWN AS IOHK, A COMPANY THAT DEVELOPED THE CARDANO BLOCKCHAIN.

CARDANO NETWORK WAS DEVELOPED ON BLOCKCHAIN TECHNOLOGY THAT POWERS THE CARDANO NATIVE COIN (ADA) AND OTHER APPLICATIONS. IN ADDITION CARDANO NETWORK IS VERY USEFUL FOR IMPLEMENTATION OF SMART CONTRACTS AND OTHER DISTRIBUTED APPLICATIONS CARDANO UTILIZES THE OUROBOROS PROTOCOL AND USES A PROOF-OF-STAKE (POS) METHOD TO VERIFY THE CREATION OF NEW BLOCKS.

image.png

ALL ABOUT THE ACARDEX ECOSYSTEM :

The Acardex is an AMM base which is a decentralized exchange on the Cardano blockchain, having lots of unique features such as offering of liquidity pools for its traders and also allowing of users to participate as liquidity provider why earning commission from every trade and create a market where others can swap their Cardano native tokens at a very low fee charge and all this can only be gotten in the Acardex ecosystem, with this awesome feature you and I can see the future prospect of the Acardex ecosystem simply because its features will foster the growth of the Acardex ecosystem.

However, the Acardex is an awesome project which is having the best and experience team members that has put in place measures that will foster the growth of the Acardex ecosystem and some of those measure are on the aspect where by the early adopters of the Acardex ecosystem will be added more incentives which makes the platform a very unique one with the best among best smart chain network.

Furthermore, the Acardex is the only decentralized community ecosystem to provide both DEX and NFT marketplace on the Cardano blockchain while utilizing the AMM protocol and the Acardex ecosystem is aiming at becoming the next generation of DeFi and also the Acardex development team is comprised on innovative and tech savvy developers and are still looking forward of bringing more features such as IDO and METAVERSE into the ACardex ecosystem.

There is allot about the Acardex ecosystem and just with the Acardes ecosystem, many features that has never been possible and lacking with other DEX will be implemented just in the Acardex ecosystem and by this, it shows how awesome the Acardex ecosystem is which entails that the Acardex ecosystem is having a bright future and by that notion, its governance token being the $ACX will be one of the top ranking one in the global market simply because the Acardex ecosystem is having lots of unique features and great developers.

image.png

FEATURES OF THE ACARDEX ECOSYSTEM :

  1. Trade and transfer to a different Network Address in one transaction
  2. Native Assets Lending and Borrowing Protocol
  3. Structurize DEX Asset with Price display of Web 3.0 wallet connect and Transactions list
    ALL ABOUT THE $ACX TOKEN :

The ACX is the governance token of the Acardex ecosystem which will be the engine power of the Acardex platform, having a total supply of 1000,000,000 and from the look of the Acardex ecosystem through its awesome features and missions, the project is having a great future prospect which in the nearest future the ACX token will be one of the top ranking token in the global market and lots more so it will be nice for all merchant to be a holder of the ACX token now it is still very much accessible before it becomes limited simply because of scarcity just as the Bitcoin is today.

MISSION OF THE ACARDEX ECOSYSTEM :

The mission of the Acardex ecosystem is on offering the best of services as a strongly developed AM based decentralized exchange and also ensuring that the Acardex ecosystem becomes the first Cardano based that will ensure better exchange across chains and allow easy swap of tokens both on the Cardano blockchain and other blockchains too through the means of Fool proof Bridge or Converter and lots more.

DIFFERENCES FROM OTHER PLATFORMS :

· The only decentralized community ecosystem to provide DEX and NFT market place on the Cardnol Blockchain.
· Implementation of functionalities that were never possible in other platform
· Acardex is an AMM based non custodial decentralized exchange on the Cardanol
· MORE BENEFICIARY TO ART CREATORS AND USERS

REASONS WHY THE ACARDEX ECOSYSTEM IS BUILT IN THE CARDANOL CHAIN :

The sole reason of the Acardex launching in the Cardanol platform is on the aspect where the core problems that are being face in the DeFi sector will be solved by the Cardanol chain and also the launch of some features which will allow new project to be launched in the Cardanol blockchain is another reason for the Acardex to be launched in the Cardanol blockchain and that is of the reason why the Acardex ecosystem is maximizing the potentials of the Cardanol blockchain by developing in the Cardanol blockchain.

image.png

ALLOCATION OF TOKEN :

In summary, the Acardex ecosystem is a very unique advent created in the Cardano blockchain industry which the Cardanol chain is a very distinguish and unique chain and the Acardex ecosystem is on maximizing the Potentials in the Cardanol chain so as for its ecosystem to be of more satisfying to its users and holders of the $ACX token. Become a user of the Acardex ecosystem and benefit greatly from the advent which the ACX is having a great future prospect and soon all holders of the Acardex token will never regret ever holding the ACX token.

NEXT INFORMATION

WEBSITE : https://www.crunchbase.com/organization/acardex
Linkedin : https://www.linkedin.com/in/acardex-1-a335a2230/
TWITTER : https://twitter.com/_acardex
TELEGRAM: https://t.me/acardexcommunity

AUTHOR
Name: weekendoffender

Bitcointalk profil: https://bitcointalk.org/index.php?action=profile;u=2652805

ADA WALLET : addr1q87hajharwqujwfv9ch490zjelxy0arj2ngskjtc74r84c7s39umsvnml6ddkr4rajvgrhkpxe5rq27ujn5pypxzyfeqszg5qn

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!