Evodex - a joint contribution of two block manufacturers to the EOS DE-FI ecosystem.
Contents:
Description of Evodex
The Evodex project smart contract was created by EOS Argentina and allows anyone to launch and interact with continuous liquidity pools on a decentralized exchange.
Evodex promotes the decentralization of exchanges and promotes the use of EOS for financial instruments. The project is completely open source and free for all developers. Thus, different exchanges can have the same liquidity and contribute to the development of the protocol. Why this particular project:
| Vote | Liquidity providers can vote on the fees they want to charge. This is done, using a smart contract that calculates the weight of each voter in proportion to their share in the pool. |
| Blockchains | Another difference between evodex and other platforms is the different blockchains in which they operate, traders only pay commission to liquidity providers, but they do not have to pay transfer fees like in Ethereum and other networks. |
For each registered pair, there will be a standard token, backed by assets in the corresponding pair of pools. These tokens are called "evotokens". Each trading pair has a corresponding commission value, which can be variable. The value of tokens rises as commissions are charged on exchanges and operations with liquidity. The liquidity withdrawal action is free of charge. You can go to the "Liquidity" section to add or remove liquidity. You need to have the same amount of both pool tokens to support it. When providing liquidity, you must pay a pool commission.
Additional information
If you still have any questions, then you can refer to the company's social networks.
Namely:
- Telegram;
- Twitter.
There you will find out when the company will release the White paper. Moreover, you can take part in sweepstakes, promotions or simply chat with other users to get information.