What is MDEX (MDX)?
MDEX is decentralized (DeFi) trading platform designed for cross-chain transactions. The protocol integrates DEX, IMO & DAO to create a high performance DEX ecosystem.
The platform is powered by the MDEX token (MDX). Used to earn yield rewards and for governance. Holders can vote on new MDEX token listings, etc.
MDEX implements an automated market maker (AMM) protocol to facilitate low slippage, market depth and high yields for miners.
MDEX uses a cross-chain transaction model on the Ethereum network, Binance Smart Chain (BSC) and the Huobi Ecological Chain (HECO).
The MDEX Bridge enables cross-chain interoperability between ETH, BSC & HECO, allowing for cross chain transactions to be completed across the chains.
MDEX is based on the HECO chain designed to avoid scalability issues (such as high gas fees & slow transaction speeds) that ERC-20 assets are experiencing.
WEBSITE: https://mdex.com/
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