WeDEX is the world's first decentralized exchange, based on the Loopring 3.0 protocol. Thanks to its qkps technology, it has significantly improved transaction speed and user experience and also ensured high transaction safety.
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Description of the WeDEX project
Developers believe in the basic idea of blockchain and decentralization. WeDEX mainly conducts transactions, settlement of assets on the chain, etc. It is also the first exchange to make full use of the newly introduced zkRollup technology to further improve scalability on the Ethereum mainnet. Users have absolute control over their assets and all transaction data and records will be chained through the smart contract blockchain to ensure open and transparent transactions.
The goals of creating the platform:
| Firstly | Provide users with a zero risk trading model to ensure the safety of custom assets. |
| Secondly | Create a user interface, comparable to centralized exchanges. |
| Thirdly | Provide low service fees that will maximize cost savings for users. |
In the near future, Loopring plans to help WeDEX to go through the full testing life cycle, including testing stop mode (operators turn off DEX actively) and withdrawal mode (operators violate some protocol rules).
The main advantages of the project: innovative distributed technologies, the first DEX, based on the Loopring 3.0 protocol, the use of qkps encryption technology, reliable protection of user tokens, double permission to prevent order theft or cycle cleanup.
Additional information about Ethereum dapp
At the moment, there are no White Paper and RoadMap on the site. Instead, the developers provide a "Help Center" section, where you will find not only information about the project, but also answers to the most popular questions.
If you want to stay up to date with all innovations, join the community:
- twitter;
- telegram;
- facebook.
You can also leave your e-mail address on the site to receive a newsletter with project news. The smart contract has not been audited.