SmarDex (SDEX) is a decentralized exchange (DEX) protocol aiming to minimize Impermanent Loss and reduce fees. More
| Fully Diluted Valuation | $43.06M |
|---|---|
| 24H Trading Volume | $610,440 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 9.26B |
| Total Supply | 9.98B |
| Max Supply | 10.00B |
| Categories | Decentralized Exchange (DEX) 7 more |
|---|---|
| Founder | Anonymous |
| Website | smardex.io Whitepaper |
| Socials | 1 more |
| Chains | Ethereum Ecosystem 5 more |
| Explorer | Solscan 9 more |
| Contracts |
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5 more
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| Name | Pair | OG Score |
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In the dynamic realm of decentralized finance (DeFi), SmarDex has surfaced as a significant player, aiming to transform decentralized exchanges (DEXs) with its novel approach.
1. Addressing Impermanent Loss:
SmarDex focuses on tackling Impermanent Loss (IL), a prevalent issue in traditional DEXs. By implementing Fictive Reserve (FR) technology, SmarDex aims to minimize IL and potentially generate Impermanent Gain, providing a solution to a long-standing challenge.
2. Backed by Mathematical Proof:
SmarDex's protocol is supported by mathematical evidence, lending credibility to its effectiveness in mitigating IL. This empirical validation strengthens confidence in SmarDex's ability to deliver tangible benefits to users, developers, and liquidity providers.
3. Fee Reduction and Incentivization:
SmarDex endeavors to incentivize liquidity providers by significantly reducing fees compared to conventional DEXs. With transaction fees as low as 0.07% for SmarDex and 0.02% for an SDEX staking pool, the platform aims to enhance participation and reward providers accordingly.
4. Optimizing Market Dynamics:
SmarDex's primary objective is to optimize market conditions for liquidity providers and token swappers alike. By minimizing IL and lowering transaction fees, SmarDex seeks to create a more favorable environment for all participants, fostering efficiency and fairness in token swapping and liquidity provision.
5. Commitment to Ongoing Innovation:
SmarDex's development reflects a commitment to continuous innovation within the DeFi space. Through research-driven initiatives and technological advancements, SmarDex strives to push boundaries and explore new avenues for improving decentralized financial services.
Conclusion:
As SmarDex charts its course in the realm of decentralized exchanges, its impact reverberates across the DeFi landscape. With a focus on addressing IL, reducing fees, and optimizing market dynamics, SmarDex represents a significant step towards creating a more efficient and equitable decentralized financial ecosystem, offering promising prospects for all stakeholders involved.
SmarDex introduces innovative Fictive Reserve (FR) technology to minimize Impermanent Loss (IL) in decentralized exchanges, potentially generating Impermanent Gain and reducing fees, offering optimized market conditions for users and liquidity providers.
The founders of SmarDex remain undisclosed, focusing instead on the platform's technological advancement and impact within the decentralized finance (DeFi) space.
You can buy SMARDEX (SDEX) on Bitget, MEXC, Gate.io, BitMart, Uniswap V3 (Ethereum) cryptocurrency exchanges.
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