Acardex Aims To Be The Biggest Defi Platform On Cardano Network With A Working DEX & NFT Marketplace
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The Cardano network is set to see a big step forward as Acardex project prepares its native launch on cardano.
When in full operations, Acardex is set out to become the most unique DeFi 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 is also on a mission to offer other DeFi services like Initial Dex Offering launchpad, NFT marketplace, Borrowing and Lending protocol and much more.
Acardex protocol is also on a mission to offer other DeFi services like Initial Dex Offering Launchpad, NFT marketplace, Borrowing and Lending protocol and much more.
Anonymity: The first important advantage associated with Acardex decentralized exchanges would refer directly to the anonymity of users. Users do not need to pass the standard identification procedures such as Know Your Customer or KYC processes with decentralized crypto exchanges.
Native Token availability: All native tokens on Cardano will be available on our platform that is to say, Acardex provides easier availability of tokens, especially the ones minted on the Cardano blockchain.
Reduced Counter-Party Risks: Counter-party risk is clearly evident when one of the parties involved in a transaction does not fulfill their contractual obligation. This will be cancelled out as there will be no need for any intermediary for transactions, rather through our smart contracts, automated means of processing transactions is assured, and this ultimately entails gaining freedom from counter-party risks.
Low security
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