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In order to fulfil its fundamental goal as a decentralized exchange for the smooth swapping of native and non-native tokens and trading of Cardano-based native tokens, the Acardex platform aims to be the most distinctive DeFi project on the Cardano network that uses the automated market maker protocol.
The $ACX token of Acardex Ecosystem powers the platform's transactional capabilities. Token owners may also participate in the platform's decision-making process by voting to support new features.
Acardex functionalities
Using the AMM protocol, Acardex allows users to become a liquidity provider on the Cardano Blockchain through AMM and receive fees on "ADA – Cardano Native Tokens pairs" when people participate in liquidity pools. The Acardex team is also developing the native assets lending protocol, and it will guarantee that users can obtain loans and pool assets for various DeFi applications. Acardex's native token, $ACX, has one billion tokens circulating circulation.
$ACX Token Use Cases
Use cases for Acardex encompass, but are not restricted to:
- Other Cardano native tokens may be traded for ADA.
- Voting and participation in the platform's governance
- Fees like swap fees and slippage fees can be paid
- Openness and accessibility for everyone to join in Acardex's NFT decentralized marketplace (The team is working hard to also launch the NFT marketplace as part of the Acardex ecosystem by Q3 of the year or even before).
- Exclusive access to NFT Drops, listing NFTs, setting a price and selling their assets on its marketplace will be available for Acardex token early adopters.
ACX Token Seed-Sale Details:
- 1 ACX = 0.00125 ADA
- 1 ADA = 800 ACX
- Minimum Buy: 300 ADA
- Maximum Buy: 30,000
Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet, or Adalite Wallet should be used to participate in the Ongoing $ACX Seed-Sale. To participate in the ACX Seed-Sale, a detailed guide will be made accessible. Furthermore, to avoid confusion, the Seed-Sale may only be entered through the following link: https://acardex.io/seed-sale.html.
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