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What Is Kaddex (KDX)? Complete Guide & Review About Kaddex

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What Is Kaddex (KDX)?

Kaddex is the first truly scalable, gas-free, proof-of-work secure DEX, all while being accessible and user-friendly. They exists to deliver the true vision of decentralized finance by creating end-to-end financial tools that are user-focused, accessible to all, scalable, sustainable, and decentralized.

This means accessibility in cost and simplicity, tools that are deeply integrated, and decentralization of everything from the website and swap platform, to the establishment of the DAO, to creating sustainable liquidity mining and staking programs. Achieving this vision goes well beyond Kaddex as a gas-free DEX and is about positioning Kadena to be the center of DeFi adoption.

Important Points Table Of KDX

BasicPoints
Coin NameKaddex
Short NameKDX
Total Supply1,000,000,000,000,000
ExplorerClick Here To View
DocumentationView Document
WebsiteClick Here To Visit

How to Buy the Continental & Trade On Exchange?

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First Step

Buying KDX Is Very Easy Task . Just Find Exchange Where KDX Available & Buy Through Your Credit & Other Altcoin .

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Second Step

Once You Purchased KDX. Now It Is Time To Store Your KDX Or Start Trading On Exchange .

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Vision

The world of DeFi has proven to be the first tangible and concrete blockchain use-case. Various projects have developed a vast and innovative ecosystem of technologies that have quickly outpaced Traditional and Centralized Finance solutions (CeFi). They exists to deliver the true vision of decentralized finance by creating financial tools that are accessible to all and entirely decentralized.

This means accessibility in cost and simplicity, decentralization of everything from the website and swap platform, to the establishing of the DAO that is created to take it all over, to creating sustainable liquidity mining programs. Achieving this vision goes well beyond the first version of Kaddex as a gas-free DEX platform and is about positioning to scale toward future adoption and to provide tools and technologies that propel DeFi, as an ecosystem, forward.

Tokenomics

0% VCS

Presence of large buyers goes against the basic principles of Decentralization.

5%TEAM

Team tokens will only account for 5% of the total KDX supply, on a 4 years vesting schedule.

10% BURNA

large portion of the overall token supply has been burnt to increase the overall KDX scarcity.

20% COMMUNITY SALES

The token sales will finance Kaddex operations, while offering early access to KDX.

25% DAO TREASURY

Pursuing a long term vision, allocated with 25% of tokens to ensure community led development of the Kaddex ecosystem.

40% LIQUIDITY MINING

To ensure highly lucrative LP boosts, network rewards will receive the largest KDX tranche.

Why Kaddex?

Kaddex’s innovation is defined by the juxtaposition of the current state of DeFi; by the costs and trade-offs accepted by its users. To understand the depth of what Kaddex achieves, they must first understand the shortcomings of the current DeFi ecosystem.

Zero Gas Forever

Gas will always remain free as Kadena blockchain scales horizontally. As the demand for block-space goes up, Kadena can increase the number of chains infinitely.

LIQUIDITY MINING

LPs will have two options:
1) Claiming 0.25% of the swapping fees in the pool native tokens.
2) Claiming the rewards in KDX tokens with a programmatic booster.

FASTEST SETTLEMENTS

Given Kadena’s endless scalability, Network Congestion will never be an issue. Together with gas-free transaction, it will ensure fast and secure settlments.

DAO POWERED

The Kaddex DAO will play a large role in Kaddex operations, controlling the parameters for individual pools. The DAO will have a strong focus on ecosystem development, working towards Kadena’s blockchain overall growth.

DECENTRALIZED INFRASTRUCTURE

Everything from liquidity and provision to pricing and swapping is done entirely on chain. This requires no intervention from off-chain oracles. It is fully autonomous with no control by central on-chain authorities.

MULTI-PROTOCOL

Kaddex will be the only multi-protocol DEX with native decentralised bridges, leading to a future where users won’t have to even think about different networks, but just access value through Kaddex single platform.

STAKING


KDX Stakers will earn 0.05% on all swaps taking place on Kaddex. This will give holders a simple way to earn passive income while still participating in the governance.

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Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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