The official blog of Cardax DEX
Good Morning Friends, General Cardano Ecosystem Update. Team Work Makes the Dream Work! Anyone following the Cardano ecosystem over the last week will have heard about both the great launch of Minswap and the vulnerability that was discovered (and fixed) in their code. What we all need to remember is, that while the Cardano blockchain [...]
Paul Fulbrook
This week, we had some unexpected detours to take: The rewriting of the PlutuxTx validators to Plutarch was progressing slower than expected. Nevertheless, the heavy lifting of the biggest and most important validator, the PoolListValidator is almost done. We faced also some struggles with plutip, our integration test tool. But also here [...]
Matthias
Good Morning Friends, I hope you are all well. We have lots to talk about today, so let’s dive straight in! General Cardano Ecosystem Update. Cardano NOT launching a token burn mechanism You may have seen in the crypto news last week headlines alluding to Cardano may launch a token burn mechanism soon. This is […]
Paul Fulbrook
During this week we are still heavily focused on the audit which will start on the 28th of March with Tweag.So far, all signals are still green for the audit date. This means that the work done this week was heavily focused on improving the spec so that the auditors will have a very founded […]
Matthias
We are thrilled to announce our partnership with COTI, which will be theofficial issuer of Djed, Cardano’s algorithmic stable coin. Cardax DEX will adopt Djed and provide trading pairs with Djed and its Reserve Coin, Shen, making them available to everyone. We are all aware that stable coins are a fundamental element in DeFi, allowing [...]
Xian
What is the Djed Stablecoin? Djed is a groundbreaking stablecoin that is produced by COTI, in collaboration with Cardano, that has a huge list of use-cases. Djed is different to the stablecoins you have become accustomed to in the past. What is a Stablecoin? Stablecoins are digital tokens designed to have a fixed value by […]
Paul Fulbrook
Good Morning Friends, Welcome to a wonderful new week! General Cardano Ecosystem Update. The Cardano ecosystem continues to grow exponentially, whether it’s measured by the total value locked (TVL) in DeFi projects or the sheer volume of projects building on the blockchain. According to Tim Harrison (Marketing and Communications [...]
Paul Fulbrook
The highlight of this week is our first working smart contract in Plutarch (second smart contract is almost done). Nevertheless, all our other work is no less important. To keep it to the point in these work-heavy weeks (before the audit and especially before mainnet): We kicked-off the discussion about the infrastructure setup (since [...]
Matthias
Good Morning Friends, Welcome to a new week. Can you feel spring on the way? Spring always brings fresh starts and new beginnings. Spring 2022 is definitely going to live up to this! So many great things happening, both in the Cardano ecosystem and with Cardax DEX. I hope you’re ready. Bags packed, ready to […]
Paul Fulbrook
Since we have now a fixed start date for the audit, the 28th of March 2022, all our effort is targeting this date. As the spec is supposed to be the entry point for anybody getting into the Cardax DEX project, Well-Typed picked up the work to integrate all new design decisions of the last […]
Matthias
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