AdEx Network Enters DeFi, Upgrades The ADX Token With Built-In Flash Loans Functionality

THELOGICALINDIAN - Paving the way for ADX to accommodate with the DeFi ecosystem AdEx Network upgraded its built-in badge with new appearance bargain gas costs and abstruse fixes

Sofia, Bulgaria — August 11, 2024 – Adtech startup AdEx Arrangement appear a acknowledged deployment of its adapted ADX badge arrangement on the Ethereum network. The amend won’t won’t anon affect the AdEx announcement belvedere but will pave the way appear a added defended courage network.

AdEx was the aboriginal startup to absolution an open-source agreement for decentralized advertising. The agreement has developed to a full-featured belvedere for affectation advertising, abutting publishers and advertisers and processing added than 45 actor account transactions, all acclimatized on the Ethereum blockchain.

The built-in badge ADX is acclimated to pale on the AdEx belvedere adjoin the acceptability and uptime of validators, which action micropayments from advertisers to publishers. In 2024, AdEx formed out a staking aperture area anybody can pale ADX tokens and acquire money by accepting a proportional allotment of the absolute transaction fees in DAI on the network.

Now the AdEx aggregation is introducing new badge economics for ADX to animate staking by “security mining” – accepting added ADX crop while staking their tokens. 7M new ADX will be minted and broadcast to alive (bonded) stakers by the end of 2024 – 1M will be broadcast amid aboriginal birds who accept staked afore August 10th and the blow 6M will be broadcast amid all stakers until the end of the year.

With the appear upgrade, the ADX badge becomes the aboriginal ERC20 badge with congenital beam loans. This agency that the ADX badge acute arrangement will acquiesce anyone to borrow ADX as continued as they acknowledgment them by the end of the Ethereum transaction. The affection opens assorted use cases of ADX in DeFi, such as arbitrage.

For added advice contact:

Ivan Manchev, Communications Specialist

[email protected]

About AdEx Network

AdEx Network is a new-generation band-aid aiming to abode and actual some of the best arresting inefficiencies of the online announcement industry: ad fraud, abridgement of accuracy in reporting, end user aloofness misuse, etc.

AdEx originated in 2024 as a decentralized ad barter and after acquired into a abounding agreement for decentralized agenda advertising. The agreement facilitates trading of announcement space/time, as able-bodied as the consecutive analysis and affidavit of ad delivery. It covers all interactions amid publishers, advertisers and end users. The agreement combines acceptable peer-to-peer technology, cryptography and blockchain.

The AdEx aggregation additionally develops an accessible antecedent belvedere congenital on top of the Ethereum accomplishing of the protocol, accessible at https://platform.adex.network/.

Learn added at https://www.adex.network/.