Acardex platform is set out to become the most unique DeFi project 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 Ecosystem is powered by its token $ACX, which is used to facilitate transactions on the platform. Holders of the token are also given the opportunity to become decision makers and vote to endorse future features to be implemented on the platform.
Acardex PlatformAcardex gives users the opportunity to become a liquidity provider on the Cardano Blockchain via AMM protocol, and earn passive income by collecting fees on “ADA — Cardano Native Tokens pairs” when users join liquidity pools.
Native assets lending & borrowing protocol: Our team of developers are also working on native assets lending protocol, the mechanism will ensure that our users can access loans and pool assets which can be used for a number of DE-Fi apps. The lending and borrowing mechanism we are developing allows users to pool, lend and borrow assets. This can be achieved by P2P (Peer To Pool, Pool To Peer Lending Protocol). This will make decentralized lending and loans much easier as users can borrow pooled assets and repay at a specified duration with interest.
$ACX Token Use CasesThe 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 (Our team of developers are working hard to also launch NFT marketplace as part of the Acardex ecosystem by the third quarter of the year or even less).
- 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 Details1 ACX = 0.00125 ADA
1 ADA = 800 ACX
Minimum Buy: 300 ADA
Maximum Buy: 30,000
To participate in the On Going 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.htmlAsk your questions through our Social media handle if you are confused about anything.
Arcadex Socials ConnectWebsite:
https://acardex.io/Telegram Group:
https://t.me/acardexcommunityYoutube:
https://www.youtube.com/channel/UC1leD8budK_31CAI92jluuQTwitter:
https://twitter.com/_acardexMedium:
https://medium.com/@acardex
