ENEDEX: Decentralized Energy Trading

ENEDEX
3 min readApr 13, 2021

Decentralized exchange ENEDEX is the next evolution of quantum proof, cross chain energy trading built on Polkadot, Moonbeam and DCore for trading traditional and future energy products.

When it comes to crypto exchanges many have been focused on centralized exchanges like Binance, Coinbase, Kraken and others that are due to their fiat on-ramps often the first access to crypto for many. Their inherent risk of custody caused many traders to recognize the value of non-custodial solutions offered by decentralized exchanges.

2020 was the emerging year for DeFi and 2021 will be the year of evolutionary development where DEXs progresses to mainstream adoption. With optimized usability, deeper liquidity, and emerging composability, the DEX ecosystem is solidifying its position in the future of DeFi and energy commodities trading.

ENEDEX

ENEDEX is designed as the next step forward in the trading space with a sole focus on energy, and especially renewable energy. Building on the strong fundamentals of the DCore Blockchain, ENEDEX will be implementing technologies of Polkadot and Moonbeam on top of DCore to offer near gas-less fees, removing expensive traditional middlemen, offering fractional trading and near-immediate settlement. ENEDEX is poised to revolutionize energy trading by democratizing energy trading through the offer of products that enable fractional volumes at minimal costs and near-immediate settlement in a decentralized environment.

Even though security in the DEX environment has come a long way security holes still exist (e.g. Cream Finance and PancakeSwap). Continuous development in the area of security is needed for sustainable growth of DeFi and DEXs. Leveraging the latest technological developments in quantum proof security will enable us to offer a top-notch secure trading platform.

Decentralized Energy Trading

ENEDEX is a revolutionary new platform for energy trading. For crypto backers, traders and investors, DeFi developers can enjoy fast trading with Multi-Wrapped tokens protected by the ultimate security of Quantum Proof. By developing new governance tokens on DeFi everyone is now able to access the traditional energy markets and be part of the energy transition building innovative products supporting sustainable energy initiatives.

ENEDEX democratizes energy trading that is primarily dominated by an elite network of major energy companies, hedge funds and investment banks. ENEDEX provides the platform for DeFi developers to build energy products that can be traded in fractions of the volume of traditionally traded energy futures and options. Offering fractional volume traded products enables access to traders, investors and crypto backers from different backgrounds in flexible trading size.

The future of energy is rapidly moving towards clean fuels. New markets for these fuels are in full swing and are being developed as we speak. Huge opportunities will arise from the sustainable energy movement that will involve replacing hydrocarbon products with hydrogen, solar, wind, bio-fuels, and other renewable energy products that enable a net zero carbon environment. The innovation in DeFi has the opportunity to be at the forefront of these developments and be a leader creating the future of energy contributing to a greener and cleaner world. ENEDEX is a DEX for trading and a platform for sustainable energy start-ups to raise capital and list their tokens in a decentralized and interoperable environment. Be part of the decentralized future of energy!

Join the energy revolution!

Private Sale has officially started, visit www.enedex.org to register!

🌎 Web: www.enedex.org

📲 Telegram: https://t.me/ENEDEX_Official

📲 Telegram ANN: https://t.me/ENEDEX_ANN

🐦 Twitter: https://twitter.com/ENEDEX_HQ

📖 Medium: https://medium.com/@ENEDEX

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ENEDEX

The first crosschain DEX for energy trading providing an easy way to kickstart new projects and raise capital