• 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

Elon Musk Unveils Grok 41 with Major Upgrades

chest

Elon Musk has announced the launch of Grok 41, featuring significant enhancements in speed, accuracy, and real-world reasoning, available for free on Grok.com and its apps.

user avatarMaria Fernandez

Bitcoin Experiences Volatility Amid AI Developments

chest

Bitcoin's price remains turbulent as tech news surrounding AI developments dominates headlines.

user avatarGustavo Mendoza

Bitcoin Futures Trading Volume Hits 7 Billion Rubles on Moscow Exchange

chest

The cumulative trading volume for Bitcoin futures on the Moscow Exchange has reached 7 billion rubles, involving over 10,000 participants.

user avatarRajesh Kumar

Brazil Sees $24M Inflows into Crypto Funds Amid Global Outflows

chest

Brazilian investors invested $24 million into crypto funds last week, contrasting with a global outflow of $203 billion.

user avatarMiguel Rodriguez

Circle Internet Launches xReserve to Enhance USDC Ecosystem

chest

Circle Internet Group has launched the xReserve interoperability infrastructure to enhance the USDC ecosystem, allowing for the deployment of USDC-backed stablecoins.

user avatarLuis Flores

CRCL Stock Rises Over 1% After xReserve Launch

chest

CRCL stock surged over 1% following the xReserve launch announcement, with analysts maintaining a buy rating.

user avatarArif Mukhtar

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.