{"id":135098,"date":"2021-08-10T17:53:28","date_gmt":"2021-08-10T17:53:28","guid":{"rendered":"https:\/\/precoinnews.com\/?p=135098"},"modified":"2021-08-10T17:53:28","modified_gmt":"2021-08-10T17:53:28","slug":"adax-have-just-changed-the-game-offering-censorship-resistant-defi-via-ada","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/adax-have-just-changed-the-game-offering-censorship-resistant-defi-via-ada\/","title":{"rendered":"ADAX Have Just Changed the Game, Offering Censorship-Resistant DeFi via ADA"},"content":{"rendered":"

<\/p>\n

We are thrilled to demonstrate that, as promised, <\/span>ADAX\u2019s<\/b> trustless protocol will enable censorship-resistant token swaps within the <\/span>Cardano <\/b>ecosystem, make full use of \u2018social sentiment\u2019-based trading tools, and ensure ample asset liquidity through unique liquidity pools. For the last three months, our team of seasoned developers and finance professionals have been working tirelessly to hit this milestone. We are now proud to say that we are on the right track.<\/span><\/p>\n

Welcome to the DeFi world powered by frictionless transactions on ADAX.<\/b><\/p>\n

<\/span>Modern UI\/UX<\/span><\/h2>\n

Our UX team have spent countless hours making sure that <\/span>ADAX<\/b> DEX is built according to the industry\u2019s best practices and that the user experience is both intuitive and frictionless. Take a look at the new UI designed for your convenience at <\/span>ADAX.pro<\/b>.<\/span><\/p>\n

<\/span>Effortless Token Swaps<\/strong><\/span><\/h2>\n

ADAX<\/b> DEX protocol is streamlined to be lean and mean. <\/span>ADAX<\/b> users are empowered to execute smart contract-based trades instantly and only at a fraction of the cost of the Ethereum network. <\/span>ADAX<\/b> also has no order book \u2013 all intermediaries and cumbersome procedures have been stripped out of the equation, giving users untrammelled freedom to trade without ever giving up control of their assets.<\/span><\/p>\n

<\/span>Revolutionary Social Sentiment Trading Tool<\/b><\/span><\/h2>\n

Thanks to our exclusive partnership with<\/span> Stockgeist.AI<\/b>, a market sentiment monitoring platform, <\/span>ADAX\u2019s<\/b> traders will be empowered to re-calibrate their investments based on early signs of changing \u2018social sentiment\u2019. By utilizing the data scraped from social media sites like Twitter, Facebook, Reddit and Discord, <\/span>ADAX\u2019s<\/b> traders will know exactly which tokens are getting hot and which are cooling down, thus stretching their lead over the competitors even further.\u00a0<\/span><\/p>\n

<\/span>Deep Liquidity Pools<\/b><\/span><\/h2>\n

Most liquidity pools in existence rely on dynamically changing ratios, with impermanent loss rampant in low-volume assets, often undermining the very risk\/reward-based rationale of early liquidity providers. <\/span>ADAX<\/b> liquidity pools are different and do not suffer from that all-too-common problem that saps the market liquidity services of our competitors.\u00a0<\/span><\/p>\n

<\/span>Seamless Wallet Integrations<\/b><\/span><\/h2>\n

To inch closer to the goal of becoming the <\/span>UniSwap <\/b>of Cardano, <\/span>ADAX<\/b> is in the process of ensuring widespread wallet integration. Will offer full support of <\/span>Yoroi<\/b>, <\/span>GeroWallet<\/b> and <\/span>CardsWallet<\/b>, we have many more API-based integrations planned for the immediate future.<\/span><\/p>\n

<\/p>\n

Throughout our journey to ensure the prosperity of all stakeholders within the Cardano ecosystem, we have received more support than we could have ever predicted. We\u2019ve had an oversubscribed private sale and a tremendously successful IEO on <\/span>ExMarkets<\/b>. We\u2019ve also cultivated partnerships with projects like <\/span>Charli3<\/b> and<\/span> BlackDragon<\/b> and welcomed the backing of some of the most important crypto stakeholders, including <\/span>Roger Ver<\/b>, the so-called \u2018Bitcoin Jesus\u2019, and <\/span>Mate Tokey<\/b>, a co-founder of <\/span>Bitcoin.com<\/b>.\u00a0<\/span><\/p>\n

Most recently, our list of valued relationships has expanded to include <\/span>GeroWallet<\/b>, a multi-functional Cardano Wallet, and <\/span>MELD<\/b>, a leading non-custodial banking protocol. The latter will be using our platform as the designated DEX for their token and providing the Polygon bridge to further increase the cross-chain spread that <\/span>ADAX<\/b> is aiming for.<\/span><\/p>\n

In short, we are both extremely excited and humbled by the amount of support we have received. We hope that by delivering on our promises, we can begin to give back to the enthusiastic Cardano community, which continues to support us throughout our quest to become the most powerful trading venue within the Cardano ecosystem.<\/span><\/p>\n

To find out more about how ADAX is changing the world of DeFi on Cardano, visit the website at <\/span>https:\/\/adax.pro\/<\/span><\/p>\n

Twitter<\/b> ||<\/span> Telegram<\/b><\/p>\n

<\/span>Related posts:<\/span><\/h3>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We are thrilled to demonstrate that, as<\/p>\n","protected":false},"author":3,"featured_media":135097,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"yoast_head":"\nADAX Have Just Changed the Game, Offering Censorship-Resistant DeFi via ADA - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/altcoins\/adax-have-just-changed-the-game-offering-censorship-resistant-defi-via-ada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADAX Have Just Changed the Game, Offering Censorship-Resistant DeFi via ADA - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"We are thrilled to demonstrate that, as\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/altcoins\/adax-have-just-changed-the-game-offering-censorship-resistant-defi-via-ada\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-10T17:53:28+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/08\/ADAX-Have-Just-Changed-the-Game-Offering-Censorship-Resistant-DeFi-via-ADA.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/altcoins\/adax-have-just-changed-the-game-offering-censorship-resistant-defi-via-ada\/\",\"url\":\"https:\/\/precoinnews.com\/altcoins\/adax-have-just-changed-the-game-offering-censorship-resistant-defi-via-ada\/\",\"name\":\"ADAX Have Just Changed the Game, Offering Censorship-Resistant DeFi via ADA - 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