THELOGICALINDIAN - DEX is one of the best important infrastructures in the crypto ecosystem the best aggressive clue in DeFi and the area that captures the best value
The acceptance of DeFi has admiring abounding projects into this abiding competition. However, DEX projects assume to abatement into some affectionate of homogenization trap. When there is no cogent aberration apropos technology and performance, what affectionate of architecture is added ambrosial to users and appropriately wins a bigger bazaar share?
On April 21st, O2DEX, a new bearing of DEX activity developed by the above SushiSwap abstruse team, captivated the project’s aboriginal association AMA event. This AMA was advertisement alive accompanying on O2DEX’s Telegram and Discord channel, alluring added than 30,000 association members.
This accident additionally marks the aboriginal acknowledgment of O2DEX aggregation associates to the community. In the AMA, the aggregation mainly alien O2DEX’s attempts in addition and how O2DEX will differentiate itself in the bazaar competition. Finally, they responded to the badge airdrop questions that association users affliction about best in abundant details.
O2DEX is an avant-garde DEX advised to break the clamminess asperity of DeFi. It pioneered the UPF non-constant artefact formula, abolition the market-making apparatus of acceptable DEX, abbreviation risks for and accouterment assorted rewards to clamminess providers. O2DEX has its built-in anticlimax mechanism. The added assets in the belvedere are traded, the scarcer they become, eventually continuously adopting the amount of assets.
O2DEX was developed by a accumulation of above SushiSwap technicians. They were amenable for the development of amount functions such as trading and clamminess mining in SushiSwap. With this background, the abstruse backbone of O2DEX is above doubt. According to the aggregation members, they accept accumulated lots of thoughts about DEX trading algorithms, clamminess risks and bread-and-butter models in the accomplished abiding development work. The affiliation of these account assuredly aggressive them to advance this new archetypal of DEX together—O2DEX.
The absolute addition of O2DEX is the advance on the bazaar maker apparatus adopting the aboriginal UPF non-constant bazaar maker mechanism. Under the bazaar maker apparatus of O2DEX, the assets awash by users in affairs do not anon access the clamminess pool. 50% are anon destructed, and 50% larboard are adored to the clamminess provider in the transaction proportionally.
Compared with acceptable DEX, in a basin with the aforementioned depth, the UPF non-constant artefact blueprint demonstrates beneath amount abatement of tokens during selling, which agency assets traded on O2DEX are added aggressive to amount fall, abbreviation asset accident risks for clamminess providers.
Examples beneath acutely authenticate that
Therefore, while trading in O2DEX, assets abatement beneath in amount aback actuality sold, which incurs beneath accident to clamminess providers. If the assets are awash and again bought back, the transaction amount on O2DEX is decidedly higher. Consequently, users tend to be added advisable while affairs their assets, authoritative it added accessory to architecture association consensus, acceptance all users to allotment the albatross of advancement the badge ecology.
Another affection of O2DEX is the way the tokens are distributed. As a absolutely decentralized project, O2DEX official website alone serves as the architect of the project. After the activity is completed and launched, O2DEX will accomplish in the anatomy of DAO and every user with O2 badge backing can participate in O2DEX ecological babyminding and accomplish proposals or vote with their tokens.
O2DEX does not conduct clandestine adjustment or any anatomy of financing. The aggregation alone affluence 4.9% of the tokens as treasury funds which are mainly acclimated for development, marketing, circadian operations and DAO operations. Treasury wallet is able with 7 multi-signature managers. Any amount requires the allotment of at atomic 4 multi-signature managers. After the activity is launched, the association will vote to accept the multi-signature managers through DAO, so the ability is aback in the easily of the community.
All belvedere badge O2 are broadcast to association users via airdrops. The aggregation additionally launched the Galaxy Activity and provides a accolade of 20 actor O2 tokens. Users with association assets can advice the activity anatomy a fan community. Galaxy Activity will eventually baddest 40 alive communities and 500,000 O2 tokens will be awarded to the leaders of the acceptable communities. The Galaxy Activity will abundantly animate the assurance of KOLs in the community. Thus added bodies will get to apperceive and apprentice about O2DEX, and advice the activity complete the algid start.
The aloft agreeable comes from O2DEX’s official AMA. For added advice about the basal functions of the activity and airdrop events, amuse go to O2DEX’s amusing media for the abounding epitomize of the AMA.
