Dexo - Announcements

What’s C-Dex in #Dexo ecosystem?

It’s an advanced #trading terminal and orderbook which offers users the convenience and familiarity of centralized exchanges while keeping all ops and processes decentralized.

Overview
Dexo is an extended decentralised exchange, built on the principle of first-ever C-Dex Protocol and aims to bridge the gap between centralised and decentralised worlds by providing almost every DeFi products on its fully decentralised platform. Dexo is built on Binance Smart Chain, aiming to function as Cross Chain+Multi-Chain.

Features
Dexo will provide a total of 11 products on its platform, to be developed in a phased manner:
(i) Cross Chain AMM
(ii) Orderbook
(iii) Perpetuals
(iv) IDO
(v) NFTs
(vi) Staking and Pools
(vii) Lending and Borrowing
(viii) IFO and INO
(ix) Multi-Chain
(x) Gamification
(xi) Index Trade

What challenges are Dexo solving? How will it make their user experience better?
Dexo aims to become a leading player in decentralised finance by delivering following features, as an advancement to existing platforms:
(i) Home for DeFi - Dexo is designed to provide almost every DeFi products on its platform to fulfil every needs of its users.
(ii) Advanced Orderbook - Dexo has its own developed solutions to provide an advanced orderbook on its platform to the users. The advanced orderbook will provide features like Limit Order, Market Order, Stop Loss etc.
(iii) High Transactions Speed - Dexo aims to be provide a very high transaction speed by using relayer solutions.
(iv) NFTs - Dexo offers a fully decentralised NFT platform which enable users to Create and Trade into NFTs. Dexo offers the cheapest fees for NFTs as compared to other platforms.

Release Plan
The overall development will be released in a phased manner:
Phase 1: Cross Chain AMM, Orderbook, NFTs
Phase 2: Perpetuals, IDO, Staking and Pools.
Phase 3: Multi-chain, Lending and Borrowing,
Phase 4: IFO and INO
Phase 5: Gamification and Index Trade

What is Dexo Token and what are its utilities?
Dexo Token is the native BEP-20 token which fuels the entire Dexo ecosystem. It acts as both a utility and governance token. It has following utilities:
(i) Pay trading fees (Orderbook)
(ii) Pay trading fees (NFTs)
(iii) Participation in IFO/INO
(iv) Staking
(v) Governance

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