Home Component 3: Dex Reflectors EdaFace Dex Article
The functions of EdaFace Dex include the following:
(1). Listing Functions
(a). Listing digital assets
EdaFace Dex has a platform for listing digital assets and exchanges.
(b). Verification of Assets
Before any digital asset or exchange is listed on EdaFace, it will have to be verified by EdaFace Verification Asset Centre (VAC).
(2). Trading Functions
(a). Spot Trading
EdaFace Dex offers decentralized spot trading with intuitive, interactive order book-like statistics known as Graphical Book.
(b). Derivatives Trading
EdaFace Dex offers all the various forms of derivatives trading – futures, options, and synthetics. Derivatives trading is one of the key functions of EdaFace Dex.
(c). Lending Services
EdaFace Liquidity powers its lending services, which fuels its derivatives trading.
(d). Bridging
(e). Liquidity Supply
Liquidity Supply for the all the trading functions (swapping, derivatives trading, lending, and bridging) will be by Automated Maket Maker (AMM).
(3). Earning Functions
(a). Yield Farming
EdaFace Dex also offers yield farming with liquidity mining as an essential component.
The primary token for farm reward is Eda Coin.
(b). Pond Staking
EdaFace Dex has ponds for staking various crypto assets.
The primary token for Pond yielding reward is Eda Coin.
Other secondary rewards will be developed in due course.
(4). NFT Functions
(a). NFT Marketplace
(b). NFT Staking
Construction Deadline
EdaFace is still being developed. The testing and mainnet deployment of EdaFace Dex are expected to occur by December 2024.
Once in its mainnet, EdaFace Dex can be accessed here: https://dex.edaface.com/.
Meanwhile, you can follow up with its development at EdaFace Forum (https://forum.edaface.com/).
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