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

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

Basic	Points
Coin Name	Kaddex
Short Name	KDX
Total Supply	1,000,000,000,000,000
Explorer	Click Here To View
Documentation	View Document
Website	Click Here To Visit

How to Buy the Continental & Trade On Exchange?

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.