Xian
We are delighted to announce that CHARLI3, the first decentralized oracle solution for the Cardano network, will list on our platform after their migration to Cardano Native Token.
CHARLI3 is a powerful intermediary using smart contracts to interface with off-chain data efficiently and decentralized. Being native to Cardano’s blockchain, it will have the lowest barrier to entry for functioning as the standard decentralized oracle of all Cardano-based projects.
The native token $C3 is the primary unit of value in the Charli3 eco-system, used for payment and staking. The value of the C3 token is expected to increase as the Charli3 eco-system expands. Cardax will host C3/ADA liquidity pool on the DEX.
We are excited about the upcoming Defi space on Cardano. A partnership such as ours will grow the Cardano eco-system into a more integrated, user-friendly environment! Cardax eco-system is in the making. If you are a project or want to suggest a project to Cardax, contact us here.
ABOUT CARDAX
Cardax is an exciting DEX emerging on the Cardano eco-system, which strives to be a Cardano Native Token powerhouse, focusing on deep liquidity and a simple interface. Cardax endeavours to rise to the challenges of illiquid AMMs by employing a first to market Extended Automated Market Maker (EAMM). In practice, this means anyone can become a market maker, either by starting a liquidity pool or participating in one already existing. The EAMM is designed to address the barriers of entry that exist in current AMM protocols and ensure a fair and uncomplicated experience for users.
