• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

ArixDEX: Enhancing Cross-Chain Token Transfers

user avatar

by Giorgi Kostiuk

2 years ago


ArixDEX presents a cross-chain solution designed to streamline token transfers across diverse blockchain networks. By eliminating the need for centralized intermediaries, ArixDEX establishes a secure, transparent, and decentralized trading environment. The platform introduces an innovative Telegram bot that supports the mining of ARIX tokens, fostering active community engagement and involvement of its members. ArixDEX aims to evolve into a Decentralized Autonomous Organization (ArixDAO), where decisions are collectively made by its community, known as Gem Hands.

ArixDEX envisions a future where ArixDAO thrives, granting the community greater influence over the platform's development and strategic choices. The platform recently unveiled a mining bot on Telegram, allowing users to mine ARIX tokens by inviting friends and sharing referral links. Since its launch on June 2, 2024, the bot has attracted over 250,000 Telegram users, expanding the ArixDEX community significantly.

Mining Phases:

The mining process commenced in June 2024 and is scheduled to conclude by the end of Q3 2024. In Phase One, efforts are focused on bug fixes, setting referral rewards, checking server and mining capacity, adjusting claim times, and preparing to accommodate up to 5 million Gem Hands. This phase is anticipated to last between 12 to 17 days.

Phase Two will introduce Boost options, along with new features and surprises for users. The duration of this phase, ranging from 20 to 50 days, will be determined by the activity level of Gem Hands.

Phase Three will see the introduction of Clan and Vote options for crucial decisions related to the token, mining, distribution, halving, and leader rankings. This 30-day phase is expected to bring additional surprises.

In Phase Four, the mining and distribution will be finalized, the Connect Wallet feature will be added, and integration with popular exchanges will be completed. More surprises are anticipated during this phase, scheduled to last between 20 to 30 days.

ArixDAO:

ArixDEX envisions a thriving DAO where the community exercises significant influence over the platform's development and strategic decisions. Through decentralized governance, token holders play a crucial role in shaping the project's future, ensuring that ArixDEX flourishes as a vibrant, community-driven platform for cross-chain swaps. The transition of the $ARIX token from the Ethereum (ERC-20) network to the TON network is announced to enhance ARIX mining bot support for token distribution and voting on the TON chain.

Embracing the dynamic nature of the cryptocurrency realm, ArixDEX adopts a distinctive approach that captivates users' interest and cultivates a lively community. The platform's concept encourages active participation and incentivizes users, making cryptocurrencies more appealing and accessible to a broader audience.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Coinbase Base Mainnet Launches for Builders

chest

Coinbase has launched its Base mainnet, providing new infrastructure for developers in the crypto space.

user avatarElias Mukuru

Bitcoin Shows Potential Inverted Head and Shoulders Pattern

chest

A TradingView analyst has identified a possible inverted head-and-shoulders pattern in Bitcoin's chart, prompting discussions among traders and builders about its implications.

user avatarDiego Alvarez

SEC Proposes Reforms to Public Offering Rules Impacting Crypto Firms

chest

The SEC has proposed reforms to registration and reporting rules for public offerings, which could significantly impact crypto firms aiming to enter public markets.

user avatarKenji Takahashi

Rumors of Upcoming Solana Network Upgrade Spark Interest

chest

Recent reports about a potential upgrade to the Solana network have sparked interest among traders and developers, aiming to address network congestion and improve infrastructure.

user avatarMaria Fernandez

Banking Groups Push for Changes in Stablecoin Yield Regulations

chest

A coalition of banking groups has urged the Senate to revise regulations on stablecoin yields, emphasizing the need for clarity on liquidity, risk, and compliance.

user avatarRajesh Kumar

TxFlow Launches Probly Channel to Enhance Prediction Markets

chest

TxFlow has launched Probly as a second channel for prediction markets, aiming to provide concrete data for traders and builders.

user avatarGustavo Mendoza

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.