AVAXDEX logo

AVAXDEX

Total Users
- No data available.
Rewards
chest
chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
- No data available.
Contract Balance
The total fiat value of assets in a dapp's smart contracts
- No data available.
Category
- No data available.
Blockchain
Avalanche
Language
- No data available.
Official links
Social media

News

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.
user avatar

Rajesh Kumar

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.
user avatar

Miguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.
user avatar

Luis Flores

What is AVAXDEX?

AvaxDex - a decentralized community that aims to use the Avalanche network for the sustainable growth and development of the AvaxDex token. The project is based on the development of long-term trust and understanding of the value of the philosophy and the token among the participants. The Endowment Fund includes a dedicated amount of widely used more stable cryptocurrencies that will be distributed as a fixed percentage of the funding.

Contents:

AVAXDEX - a decentralized project with a token

Description of the AVAXDEX exchange

AvaxDex.Finance — a community-driven platform for Defi protocols, based on smart contracts. The community provides its users with DEX tokens, issued specifically for the community and traded in accordance with its decision making, open and democratic discussion, and a blockchain-based voting platform.

The goal of AVAXDEX — to nurture the spirit of the community, nurture it and gradually transfer control to the leading members of the community who have lasted the longest and made the greatest contribution to the long-term success of projects.AVAXDEX

With relatively low transaction fees, Avalanche is poised to become one of the leading networks to host the latest DeFi protocols the space has to offer.

The remuneration structure is 10% of all remuneration to farmers:

1. 4% of this amount will be allocated to the AvaxDex fund.
2. 1% of this amount will go to a trust fund.
3. 5% of this amount will go to the operating fund.

To facilitate the creation and development of the community, AvaxDex.Finance will create a fund that will compensate DEX token holders with additional tokens as part of their long-term assets. Trade tokens at the best prices on the Ethereum, Binance, Polygon and Avalanche blockchain. Using the DEX aggregator, access liquidity on over 35 decentralized exchanges such as 0x, Uniswap, 1inch, pancakeswap and Kyber to trade for the highest profits and lowest transaction fees.

Other features

‌Of the 600,000 originally minted Avax Dex tokens, 5,000 will be allocated for start-up expenses, which are mainly related to marketing. The developer will be compensated by collecting 5% of the farmers' rewards, allocated to the operating account. 160,000 DEX has been allocated to the Avax Dex fund. 40,000 DEX has been allocated to the DEX Trust. 15,000 DEX has been allocated to the developers' operating account.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.