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.
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.