Kaddex

Kaddex

KDX
$0.023730467%2.92

Key Metrics

Price$0.023730467
Real Volume (24H)$0
MarketcapN/A
Fully Diluted Valuation$28,192,273
ATH$0.052826
ATH Date10/6/2022, 10:57:27 PM
ATL$0.02459666
ATL Date11/22/2022, 1:06:45 PM
Circulating SupplyN/A
Total SupplyN/A
WebsiteN/A
WhitepaperN/A
Popularity Rank11241
Chart
What is Kaddex?

Kaddex is leading the way in decentralized finance (DeFi) by offering a truly scalable, gas-free, proof-of-work secure DEX that is accessible and user-friendly. Their aim is to deliver the true vision of DeFi by creating end-to-end financial tools that are user-focused, accessible to all, scalable, sustainable, and decentralized. Kaddex is committed to providing accessibility in cost and simplicity, deeply integrated tools, and decentralization of everything from the website and swap platform, to the establishment of the DAO, to creating sustainable liquidity mining and staking programs. The ultimate goal is to position Kadena as the center of DeFi adoption.

Kaddex is the first DEX to deliver true scalability and gas-free trading. By using Kadena's high-performance blockchain technology, Kaddex is able to deliver 480,000 transactions per second (TPS). This is achieved through the use of the Kadena Chainweb, which is designed to support the high throughput required for enterprise use cases. By using Chainweb, Kaddex is able to scale horizontally across multiple chains while maintaining the security of a single chain.

Kaddex's gas-free trading is achieved through their Proof-of-Work consensus algorithm. By using PoW, Kaddex is able to offer fast, secure, and cost-effective trading without the need for gas fees. This is a major advantage over other DEXs that rely on the Ethereum network and its high gas fees.

Kaddex is dedicated to providing users with financial tools that are deeply integrated and accessible to all. By making DeFi tools more accessible, Kaddex is leading the way in creating a user-focused financial system that benefits everyone. Their platform offers a range of tools and services that are easy to use and understand, making it easier for new users to enter the world of DeFi.

Kaddex is also focused on creating a decentralized platform that is controlled by the community. Their DAO is designed to give users a say in the future direction of the platform, including decisions on fees, incentives, and new features. This ensures that Kaddex is always driven by the needs of the community and is focused on delivering a user-friendly and accessible platform.

Kaddex is committed to creating a sustainable ecosystem that benefits both users and the wider community. They achieve this by offering liquidity mining and staking programs that incentivize users to provide liquidity to the platform. This helps to create a more stable and sustainable ecosystem, while also rewarding users for their contributions.

Kaddex is leading the way in decentralized finance by offering a truly scalable, gas-free, proof-of-work secure DEX that is accessible and user-friendly. Their commitment to creating user-focused financial tools that are deeply integrated and accessible to all, along with their DAO and sustainable liquidity mining and staking programs, make them a strong contender in the DeFi space. With their focus on creating a sustainable and decentralized platform, Kaddex is well-positioned to become a central player in the world of decentralized finance.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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