CoFiX is the most efficient DEX on Ethereum. Traders always get market prices with the smallest spread. Trading allows you to earn CoFi.
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Description of the CoFiX project
DeFi projects have a problem: they cannot calculate and manage risk because they do not use a controlled and calculated risk oracle. By using NEST, developers can deliver a brand new DEX, CoFi X, which brings reliable prices and a calculated risk factor for traders and market makers.
Acting parties to the project:
| Market maker | Market makers are providers of liquidity to platform and generate income. CoFiX supports the unilateral creation of an asset market and deals with asset management through the net worth and the fund's share in the respective asset pool. |
| Trader | The party that buys / sells on the exchange. |
| The governor | The party that participates in the management of the system - the holders of the management tokens. The system is changed and updated by voting with these tokens. |
CоFiX — the first innovative CoFi product and it is a DEX, based on NEST oracle. CoFiX consists of an oracle module, a market-making module and a trading module. The idea behind CoFiX is that market makers and traders get their prices from NEST and can assess their risks with each respective trade.
CoFiX only supports trading pairs, included in the NEST oracle. If users want to trade a pair that is not included in NEST, they will need to add a new pair.
Additional information
An introductory article is available on GitHub. The community actively maintains social networks:
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