PHP_INJECT_OK decentralized exchange – Crypto DeFi Revolution https://cryptodefirevolution.com Mon, 13 Sep 2021 13:15:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.7 https://i0.wp.com/cryptodefirevolution.com/wp-content/uploads/2021/11/cropped-Trans-3.png?fit=32%2C32&ssl=1 decentralized exchange – Crypto DeFi Revolution https://cryptodefirevolution.com 32 32 191454963 What is MDEX (MDX)? https://cryptodefirevolution.com/index.php/2021/08/27/what-is-mdex-mdx/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-mdex-mdx Fri, 27 Aug 2021 12:38:02 +0000 https://cryptodefirevolution.com/?p=633 […]]]>

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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What Is Uniswap (UNI)? https://cryptodefirevolution.com/index.php/2021/01/25/what-is-uniswap-uni/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-uniswap-uni Mon, 25 Jan 2021 16:01:54 +0000 http://cryptodefirevolution.com/?p=34 […]]]>

What is Uniswap (UNI)?

Uniswap is a decentralized cryptocurrency exchange that allows fast & efficient trading of ERC-20 tokens. ERC-20 tokens are used on the Ethereum blockchain.

Uniswap is an open-source software with no orderbook or centralized party. The exchange is powered by the Ethereum token Uniswap (UNI).

Instead of market makers, Uniswap uses liquidity pools, with a goal of creating more efficient markets. Smart contracts are used to define the standard way to make compatible liquidity pools and markets.

Each pool is defined by a smart contract, which allows tokens to be exchanged and liquidity to be added.

Website: https://uniswap.org/


DISCLAIMER

The contents on this site are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. By consuming this content, you agree to hold us harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. This page may contain affiliate links to products. We may receive a commission for purchases made through these links at no additional cost to you.

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