The long awaited ENEDEX Exchange is finally here. As promised in the roadmap, today ENEDEX has launched the first iteration of ENEDEX Exchange Alpha version that the community can try out while awaiting the Beta and full development of ENEDEX Exchange. This Alpha release is already a usable DEX with early version of features that will be released in Beta and can be accessed on https://dex.enedex.org
Without further ado, let's review the features of ENEDEX Exchange Alpha :
- Gas-less Avalanche Based DEX — dex.enedex.org
Swap Avalanche based token with just a few cents of swapping fees and fast transaction settlement with ENEDEX Exchange that is built on Avalanche Blockchain. Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality which is why ENEDEX initially choose to built upon. By being gas-less, ENEDEX has also further contribute to our focus in becoming an eco-friendly project by having our tech to be efficient in conducting transactions. This efficiency is not only applicable for swapping activities, but also in bridging and liquidity provision as well.
To conduct swap, simply choose the tokens that you wish to swap as seen below :
Note : Be advised that currently there are no liquidity on the DEX. A new liquidity pair will be added within a few days after the launch.
2. Two-way Multichain Bridge from BSC to Avalanche — bridge.enedex.org
The blockchain future lies in the multichain. There are just so many good projects building the future of the blockchain industry in different blockchains leveraging each blockchains characteristic and communities. This is why ENEDEX built a multichain bridge, so that ENEDEX users can swap their favorite tokens wherever they are being built upon. At the Alpha, ENEDEX Exchange feature a two-way multichain bridge between BSC and Avalanche, complete with wrapped version of ENE Token in Avalanche. Many more bridges will be deployed in ENEDEX Exchange, especially on Beta release.
To bridge, user can simply go to bridge.enedex.org and choose between designated blockchain, select the token that user wish to bridge and simply click bridge as seen below :
Be advised that user will still need some avax to bridge their token as bridge fee
3. Permissionless Liquidity Provision
Decentralized exchange wouldn’t be completely decentralized if user needs permission from the project creator to list tokens on the platform. This permissionless liquidity provision is exactly what ENEDEX has to offer on the exchange. Any user, without having to KYC can provide and even create liquidity on the DEX.At Alpha, this action is not advised due to DEX early stability.
Those are the features that ENEDEX Alpha made available for the ENEDEX community to take for a spin. In few weeks after the Alpha release, ENEDEX exchange will be upgraded to a better and much more complete and usable version with multiple bridges and tokens to swap. So for now feel free to test out the labor of ENEDEX team’s work while waiting for the next version that will be launched soon!
Questions, comments or just wanted to give kudos for the team?
Talk to us on :
🐦Twitter : https://twitter.com/ENEDEX_HQ
🗣 Telegram : https://t.me/ENEDEX_Official
📖 Medium : https://medium.com/@enedex
Get $ENE today to be a part of sustainable blockchain and energy evolution on :
🥞Pancakeswap : https://pancakeswap.finance/swap?outputCurrency=0x3becb1170183fdbc8f1603dacd1705c093bc33b7
Analyze price actions on :
👾Dextools : https://www.dextools.io/app/bsc/pair-explorer/0xc2660b04dc2fb671ba6860cf9f9292a2b68bf486
📈Coinmarketcap :
