Revamping DeFi Trade Efficiency: ASENIFI's Multi-AMM Cross-Chain Solution"

in asenix •  2 years ago 

Introduction

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Blockchain technology has given rise to digital assets like cryptocurrencies and NFTs, which have found applications in finance, agriculture, entertainment, and the arts. They've enabled efficient payments, easier access to supplies for farmers, fundraising in the arts, and wider market reach. However, certain sectors, like environmental conservation, are yet to fully embrace these benefits. The ASENIX initiative aims to leverage blockchain to safeguard marine environments and ecosystems.

The Challenges Asenix Project Came to Address:

The oceans face a significant threat from plastic pollution, with large amounts of plastic accumulating and harming marine life. Microplastics, tiny fragments of plastic, are particularly challenging to detect and pose a serious issue. ASENIX aims to combat this problem by raising public awareness through campaigns, such as the ASENIX Oceanblue campaign, encouraging cleanups, and funding scientific research through ENIX Labs. They've also developed initiatives like the ASENIX Water Refill Map App to reduce single-use plastic bottles and offer reusable refill water bottles for purchase. ASENIX is committed to protecting the oceans, supporting UN Sustainable Development Goals, and advocating for sustainable practices to safeguard the marine ecosystem.

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Our Project Objective

The ASENIX Initiative stands dedicated to securing enduring and resilient safeguarding of the oceans' most vital regions, fostering a legacy of protection for present and forthcoming generations. Aligned with the United Nations Sustainable Development Goals, ASENIX ardently upholds the principles of Goal 12 and Goal 14, which focus on responsible consumption and production, and the conservation and sustainable use of marine resources, respectively.

Central to our mission is the resolute commitment to shield our oceans and their delicate ecosystems. We channel efforts into funding dynamic scientific research within our ecosystem, thus catalyzing innovative solutions to combat the pressing challenges of ocean pollution and degradation. By supporting cutting-edge initiatives through ENIX Labs, ASENIX propels progress toward a cleaner, healthier marine environment.

Moreover, we recognize that change begins with awareness. With this in mind, we tirelessly strive to educate and engage the public on the far-reaching consequences of unsustainable lifestyles on our oceans and ecosystems. Through thoughtfully crafted campaigns and initiatives, such as the ASENIX Oceanblue campaign, we empower individuals worldwide to take action. By rallying support for beach, river, and inland cleanups, we instigate a grassroots movement for positive change.

At the core of our approach lies the belief that transformation emerges from collaboration and collective responsibility. ASENIX envisions a future where the oceans flourish as resilient ecosystems, nurtured by scientific advancement, public engagement, and sustainable practices. Our journey to safeguard the seas is a testament to our unwavering dedication to the health and longevity of our planet's most precious resources.

Our Ecosystem

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The ASENIX ecosystem's native token, ENIX, operates as a BEP20 token on the Binance Smart Chain, boasting a maximum supply of 500,000,000 tokens. Holders of ENIX enjoy automatic rewards for retaining the token, and it's tradable on exchanges. Notably, 4% of transactions are directed to the Research/development wallet, fueling scientific research (ENIX Labs) and initiative growth. This consistent allocation could potentially yield up to $300,000 daily, making a substantial contribution to ocean preservation efforts.

Tokenomics

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Contract Address : 0x408cefb5f92f0e47fc12e9840cc50529fc986226

Platform Features

The ASENIX ecosystem offers various features for ENIX token holders, including autofarming rewards, staking and liquidity pools, trading on exchanges, governance voting through ENIX LABS, and access to events and airdrops. ENIX holders can take advantage of LP staking for high APY, while every trade contributes 3% to the liquidity pool. Autofarming allocates 2% of transactions to holders proportionally, enabling passive earnings.

The Development/Research wallet receives 4% of transactions to fund research and ocean protection development, potentially generating $300,000 daily. Deflation is established through token burns, and the maximum supply is 500,000,000 ENIX tokens. The Clean2Earn program rewards users for beach clean-ups with ENIX tokens based on collected plastic weight. ENIX Labs supports ocean preservation solutions, selected through community voting. ENIX tokens are used for governance and suggestions via AIP system. ASENIX's free drinking water maps promote reuse and refilling to combat plastic pollution.

ASENIFI CROSS-CHAIN DEX addresses challenges in the rapidly growing Decentralized Finance (DeFi) sector. Traditional AMMs often suffer from price disparities and lack of liquidity across platforms. Users must navigate different AMMs to find optimal prices due to isolated liquidity on separate blockchains. ASENIFI offers a single, user-friendly interface as a cross-chain DEX solution.

ASENIFI aggregates liquidity from over 22 active DEXs across various chains, employing Fusion's DCRM technology. The "Pharos" algorithm optimizes trades by splitting them into smaller transactions across different protocols to minimize slippage.

Key Features:

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Aggregated Liquidity: Unlike conventional AMMs, ASENIFI grants access to liquidity from multiple supported DEXs and chains.

Cross-Chain Support: Initially for BSC-based AMMs, ASENIFI plans to extend interoperability to other Layer 1 blockchains like Ethereum and Solana.

Liquidity Pools and Farming: ASENIFI supports its own liquidity pools, allowing users to create trading pairs and earn rewards in ENIX tokens.

Simultaneous Trade Execution: ASENIFI automates efficient trade execution by calculating the best path across various AMMs, reducing slippage.

By aggregating liquidity, optimizing trades, and providing a unified platform for cross-chain trading, ASENIFI aims to enhance the DeFi experience for users.

Roadmap

FIRST PHASE (Q4 2022)
Website development, Whitepaper release, Smart contract development, Token deployment Token Burn, Token Audit, water refill map V1.0.

SECOND PHASE (Q1 /Q2 2023)
Initial burn of ENIX tokens, Contract verification & Audit, ASENIX water refill map V1.0 (Beta). Online community, Marketing, ASENIX token airdrop, Partnerships, Influencer marketing, CMC Application, CG Application.

THIRD PHASE (Q3 /Q4 2023)
Presale, IDO/ IEO, Launch, Staking Dapp, Awareness campaign, AMC NFT deployment, Oceanblue campaign, CEX listings, Media articles, ENIX Labs development, AIP.

FOURTH PHASE (Q1 /Q2 2024)
ASENIFI DEX contract development, ENIX Labs launch, ASENIFI (DEX) testnet, ASENIFI Mainnet, Expansion.

For More Details Please Visit the Links Below:
Website: https://asenix.org/
White Paper: https://docs.asenix.org/
Telegram: https://t.me/ASENIXinitiative

BTT Link: https://bitcointalk.org/index.php?action=profile;u=2247475
Author: abeexy

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