Chemix Labs (abbreviated as Chemix) - the world's first fractional-algorithmic synthetic asset protocol, developed by the QIAN Protocol team. In a project development operation, part of the algorithm is governed by KUN tokens.
Basic information:
- Project token: KUN;
- Blockchain: Ethereum and Binance Smart Chain;
- Total volume: 12,000,000 KUN (distributed on Ethereum and Binance Smart Chain);
- Token listing: PancakeSwap, CoinEx, Hotbit, Jaex.co.
It is open source, permissionless and completely on-chain. The project runs on the BSC network. The name comes from a chemical reaction that corresponds to the main activity of synthetic assets.
Chemix's goal - to create a scalable distributed synthetic asset management system with customizable algorithms. Its advantage - N improved utilization of the user's capital and a stable arbitrage mechanism through real-time operations such as minting, redemption, repurchase and re-collateral. To get more detailed information, you can go to the official website or subscribe to social networks: Twitter and Telegram. You can find out the results of the audit of a smart contract here.