Home Component 3: Dex Reflectors EdaFace Dex
Principles of EdaFace Dex
The following principles govern the functionalities of EdaFace Dex: (1). Principle of Modified Automated Market Makers EdaFace Dex utilizes the Principle of Modified Automated Market Makers (mAMM), which allows digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than the traditional market syste...
Benefits of Using EdaFace Dex
The benefits of transactions on EdaFace Dex are numerous and include: (a). Availability of Tokens Unlike Centralized Exchanges (Cex) where the listing of coins and tokens is vetted so that only the Cex-approved ones are available for the traders, EdaFace Dex offers a platform for any coin or token to be listed. However, such a coin or token...
Functions of EdaFace Dex
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). Tra...
The Unique Features of EdaFace Dex
EdaFace Dex has several unique features that set it apart from the rest of Dex and Cex. Some of the unique features of EdaFace Dex are: (a). Scam Coin detectionBecause any coin or token can be traded on Dexs, the usual challenge has been: “How do we prevent scam coins on a Dex?” That has been the major challenge for all Dexs until the arriv...
Construction of EdaFace Dex
EdaFace Dex is the decentralized exchange of the EdaFace Ecosystem. Divisions of EdaFace Dex EdaFace Dex is very unique. It consists of the various Divisions: (a). MIM Pools (b). Spot Tradiing Platform (c). Farms (d). Ponds (e). Derivatives Platform (f). Lending Platform (g). Bridges (h). Resources Stages of Construction EdaFace D...
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