KoinDX is a pioneering DEX on the Koinos blockchain. It is the first DEX on this new network. KoinDX combines a cutting-edge AMM with exciting tokenomics. It delivers a gas-free, seamless trading experience.
A standout feature of KoinDX is its integration with the Koinos blockchain’s free gas fee Mana system. It eliminates transaction costs for users. They give traders a cheap, smooth experience. They can focus on their trades, not on fees. KoinDX uses decentralized protocols, governed by the KoinDX DAO. This makes the platform autonomous and community-driven.
KoinDX exchange, built on the Koinos blockchain, has a number of key advantages that make it unique among other decentralized platforms:
- KoinDX is proud to be the first decentralized exchange based on the Koinos blockchain, giving it a unique advantage in an ecosystem focused on low fees and high transaction speeds.
- One of the main advantages of KoinDX is its integration with the Mana system on Koinos. This system completely eliminates the need to pay transaction fees (gas fees), which makes trading on the platform more profitable and convenient.
- The exchange utilizes advanced Automated Market Maker (AMM) technology that allows users to easily execute transactions without any intermediaries. This creates high liquidity and an efficient market for users. Also, interesting and profitable Tokenomics make it more profitable to participate in the ecosystem.
- KoinDX is managed through KoinDX DAO (Decentralized Autonomous Organization), which ensures that there is no centralized control and gives users the opportunity to participate in decision making by managing the platform collectively.
- The platform offers users the opportunity to earn passive income by participating in sKOINDX staking and becoming liquidity providers (LPs). This opens up additional income channels, especially for active participants in the ecosystem.
- Not only can standard assets be traded on KoinDX, but also users can add their own tokens to the local trading list. This gives users the ability to work with tokens that are not included in the exchange’s main list.
KoinDX also provides significant opportunities for users to earn rewards. Users can earn passive income by staking sKOINDX tokens. They can also provide liquidity to the platform as a Liquidity Provider (LP). This also lets them take part in the decentralized economy. These mechanisms foster a vibrant and rewarding ecosystem for all KoinDX participants.
The exchange has a list of default assets. They are ready to trade immediately, with no manual addition. The platform lets users add tokens to their personal selection. This expands the range of assets for trading.
KoinDX also supports slippage tolerance settings. Users can adjust the acceptable price change when making trades. Users can set their slippage tolerance to ensure smoother transactions. Tokens with lower liquidity tend to have higher price impacts.
KoinDX has an API toggle for advanced users. It turns the KoinDX API on or off in your browser. When disabled, a Koinos node retrieves data from the source directly. This bypasses the backend service and gives more direct access.
KoinDX allows users to trade directly with other users, eliminating middlemen. They can customize features and join a rewarding ecosystem. It is powered by the Koinos blockchain. KoinDX has the tools to help you thrive in DeFi, whether you’re an experienced trader or a newcomer.
About the KoinDX
KoinDX offers slippage tolerance customization, allowing traders to control the maximum price changes when executing orders. Also available for more advanced users is an API integration that allows data to be pulled directly from the Koinos blockchain.
By using decentralized protocols, KoinDX eliminates the need for intermediaries, providing users with direct transactions and a higher level of security.
Media Contact
Organization: KOINDX
Contact Person: Michael Daniels
Website: https://koindx.com/
Email: Send Email
Country: Netherlands
Release Id: 13112419852