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PolyDEX

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News

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What is PolyDEX?

PolyDEX — an AMM platform on the Polygon network. This is an AMM farm with innovative game mechanics and an expanding investment range.

Contents:

PolyDEX

How does the crypto trading PolyDEX work?

PolyDex runs on a 100% forked PancakeSwap backbone from Binance Smart Chain and allows users to exchange tokens, providing liquidity through farming and receiving commission in return.

Polygon is currently being viewed as a very potential alternative due to its EVM compatibility, helping ETH and BSC users to switch easily without having to learn everything from the beginning.PolyDEX

In addition, the near-zero transaction fees also make investing and exchanging on this network very affordable. The team decided to fork 100% from Pancakeswap, which has been thoroughly tested and used to give the community peace of mind as well as usability.

Key features of this decentralized app:

1. Key features: allowing users to exchange assets.
2. Providing commissions for swap receiving liquidity and PLX in dollars.
3. Farming PolyDEX's own token: $ PLX.
4. NFT markets.

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Since $ PLX is a deflationary token, a small fee will be charged on every $ PLX transaction. 0.5% is allocated to the PolyHERO rate pool. 0.2% goes to automatically add liquidity and is permanently locked. 0.2% will be permanently spent from the offer and 0.1% goes to the insurance fund. A limited supply of 37.5 million PLX tokens have been limited to buy on PolyDex on the Polygon and Binance SmartChain sites at a fixed price, based on WETH in turn. PolyDEX will aggregate liquidity from Quickswap, Sushiswap, etc. You can select the current LP, click "Add LP" to ensure liquidity. When you add your token to the liquidity pool, you receive liquidity pool (LP) tokens. A swap fee (0.1%) is charged per transaction. The number of LP tokens you receive represents your stake in the WETH-PLX liquidity pool.

Social media of the Poly DEX

In the introductory document you can find answers to all questions. It provides a complete description of the platform's capabilities, tokenomics and RoadMap.

Social networks are actively pursuing:

Subscribe and read the latest news. The site interface runs in different languages (Russian, English, Chinese, Spanish, German and others). The smart contract audit is here.

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.