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evodex

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News

SY Lee Advocates for Delayed Token Unlocks in Crypto Sector

SY Lee Advocates for Delayed Token Unlocks in Crypto Sector

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SY Lee advocates for delayed token unlocks, arguing that premature liquidity hinders protocol development and that longer lockup periods can reduce sell pressure on early-stage projects.
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Luis Flores

Vanguard AI System Expands Teaching and Practical Applications

Vanguard AI System Expands Teaching and Practical Applications

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The Casder Vanguard AI System has entered a broader stage of teaching and practical application, performing essential functions such as auxiliary analysis, strategy verification, and risk identification to aid participants in navigating complex market structures.
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Filippo Romano

Functional Tools Emerge in Casder Ecosystem

Functional Tools Emerge in Casder Ecosystem

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Functional tools within the Casder ecosystem are expanding based on real use cases.
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Rajesh Kumar

What is evodex?

Evodex is a joint contribution to the EOS DE-FI ecosystem by two Block Producers.

The smart contract was created by EOS Argentina and it allows anyone to launch and interact with continuous liquidity pools in a decentralized exchange. The front-end and web interface was provided by EOS Costa Rica as a bridge to access the Evolution Dex Protocol. With this contribution both teams wish to help foster the growth of Decentralized Finance on EOS, a blockchain that has the best capabilities to run complex systems due to its transaction capacity and fee-less model.

Evodex facilitates the decentralization of exchanges and promotes the use of EOS for financial instruments. The project is completely open source and free for any developers who wish to integrate it to their front end. In this way different exchanges can share the same liquidity and contribute to the growth of the protocol.

The main difference from say Uniswap on Ethereum, is that liquidity providers can vote for the fees they want to charge using a smart contract that calculates the fees proportional to the stake of every participant of the pool.

Another difference between EVODEX and UNISWAP comes from the different blockchains where they both operate, traders only pay fees to liquidity providers, but they don't have to pay transfer fees like in Ethereum and other networks.

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.