• 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

a year 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

Dogecoin Developer Unveils DIBAN Protocol for Enhanced Financial Integration

chest

Paulo Vidal has developed a new protocol that converts Dogecoin addresses into IBANs, enhancing usability and integration with traditional banking systems.

user avatarKofi Adjeman

Vitalik Buterin Praises PeerDAS in Fusaka Upgrade as True Sharding

chest

Ethereum cofounder Vitalik Buterin recently praised PeerDAS, part of the Fusaka upgrade, as a significant step toward Ethereum's scalability goals.

user avatarNguyen Van Long

Russia Integrates Bitcoin Mining into Economic Strategy

chest

Maxim Oreshkin, the presidential economic advisor of Russia, advocates for integrating Bitcoin mining into the economic strategy, highlighting a $13 billion investment to stabilize the ruble and enhance economic resilience.

user avatarJesper Sørensen

US Halts Sanctions on Chinese Spy Agency Amid Trade Talks

chest

The United States has suspended sanctions against a Chinese spy agency to support ongoing trade negotiations with China.

user avatarSatoshi Nakamura

UNI Token Plummets Amidst Allegations of Lobbying Against DeFi

chest

The UNI token experienced a nearly 20% drop in price following allegations of lobbying against DeFi projects, reflecting market volatility and community concerns.

user avatarRajesh Kumar

Hayden Adams Accuses Kenneth Griffin of Lobbying Against DeFi Projects

chest

Hayden Adams, the CEO of Uniswap, publicly accused Kenneth Griffin of lobbying the SEC against DeFi projects, leading to regulatory scrutiny and a drop in UNI token prices.

user avatarLucas Weissmann

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.