The official blog of Cardax DEX
The focus for this week was on reaching a stable state for our two approaches. This means, that we still have some design concepts left for finalizing in the next week(s). Nevertheless, we were already able to move beyond the design phase. So we started to collect criteria for the approaches in order to be […]
Matthias
We are delighted to announce our partnership with VyFinance, an AMM on Cardano with an auto-harvester. This partnership will have Cardax host VyFi/ADA, VyFi/CDX pool on our platform, and VyFi in return to host a CDX/ADA farm on VyFinance. This partnership will enhance each other communities’ ability to utilize their tokens [...]
Xian
By the Cardax Dev Team The Cardano blockchain ecosystem is fast developing and constantly changing, with new and unexplored spaces appearing at dizzying rates. The stakepool business model appeared in summer 2020, cheap and easy native tokens emerged in spring 2021, and now smart contract capability has finally arrived on mainchain in [...]
Cardax Dev team
The focus for this week was mainly on the smart contracts design. With George on board (Plutus pioneers of the first cohort know him well), we have gained a lot of knowledge. Especially the capability of challenging ideas and approaches with a high quality is a great benefit. This led to two approaches. Both are […]
Matthias
Meet Matthias! His focus is on designing and developing the Plutus code that will power Cardax DEX. Matthias loves creative challenges and the efficient usage of technologies. Started with writing embedded software in the automotive industry, continued with high-scalable back-ends and is now on blockchain technologies. He has succesfully [...]
Ryan Morrison
Meet Xian! Our Partnerships & Business Development Manager. We would like to introduce to you the people behind Cardax. We start with Xian, who is passionate about business development. She has worked for titans like Alibaba and TikTok for a number of years and is excited to now transfer her skills to Cardax. Her main […]
Ryan Morrison
Before jumping into the DEX’s history let’s take a look at what Decentralized exchange (DEX) is: A decentralized exchange (DEX) is a peer-to-peer (P2P) crypto trading platform that operates without the involvement of a central authority. So transactions can be made directly between users (peer-to-peer) without the requirement [...]
Alamin H
Cardano is a third-generation public blockchain and Dapp development infrastructure. Also decentralized proof-of-stake (PoS) blockchain platform designed to be a more efficient alternative to proof-of-work (PoW) networks. The network was built to rectify some of the limitations and shortcomings of Ethereum. Specifically, Cardano aims to [...]
Alamin H
Decentralized Exchanges (DEX), in order to provide a market price, usually rely on one of the following systems: Order Book or Automated Market Maker (AMM). So, which one is better? Our team has been researching the different systems for a few months and came to the following conclusion: it depends on the kind of tokens […]
Ryan Morrison
The Mary hard fork (done on March 1st 2021) allowed anyone to build native tokens on Cardano. Native tokens bring multi-asset support to Cardano, allowing users to create uniquely defined (custom) tokens and carry out transactions with them directly on the Cardano blockchain. This, together with the upcoming release of Goguen (smart [...]
Ryan Morrison
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