More

    SMARDEX: Revolutionary Approach to Negate Impermanent Loss in Decentralized Exchanges

    SMARDEX – an innovative AMM reducing Impermanent Loss risks for LPs while offering lower transaction fees. Learn why it could be the next ‘Uniswap Killer’.

    SMARDEX: The Evolution of AMMs

    Yet, there’s something new on the horizon: SMARDEX (Symbol: $sdex), a trailblazing AMM specifically crafted to counter IL. Operating as an open-source smart contract, SMARDEX synergizes seamlessly with Ethereum Virtual Machine (EVM) compatible blockchains, such as Ethereum, Binance Smart Chain, Avalanche, Polygon, and more.

    SMARDEX Defi the norm

    Countering Impermanent Loss: The SMARDEX Way

    SMARDEX stands out with its innovative approach to combat IL, commonly a consequence of value fluctuations in the underlying asset of a liquidity pool. The repercussions of changing market prices often affect LPs and cause reductions in asset value.

    Advantage of sdex

    An Exclusive Algorithm at Core

    Resourcefully, SMARDEX has developed an exclusive algorithm that minimizes IL risk while enabling the creation of Liquidity Pools. This ingenious algorithm is rooted in the concept of ‘Impermanent Gain’, suggesting that the pool’s asset value can potentially increase over time, irrespective of constant asset market prices.

    SDEX ALGO

    What Drives Asset Prices in SMARDEX?

    To define optimal prices for asset purchase and disgorgement, the SMARDEX algorithm simultaneously considers the assets’ historical and market prices. Such a strategic approach ensures that LPs are duly rewarded for the risk they shoulder in providing liquidity to the pool.

    SDEX Liquidity

    Low Transaction Fees & Decentralization: Key SMARDEX Offerings

    Boosting its appeal further, SMARDEX outshines competitors with its lower transaction fees, transforming digital asset trading into a cost-efficient practice for users. As a thoroughly decentralized exchange, SMARDEX excludes central authority control that grants users superior control over their assets, reducing the risk of censorship or fraudulent activities.

    SDEX VS UNISWAP

    Roadmap

    Roadmap looks solid and understandable

    Big milestones are ahead, like:

    • CEX listings

    • Aggregators Integration

    • Becoming a DAO

    Roadmap SDEX

    Tokenomics

    Max supply: 10,000,000,000

    SmarDex protocol strategy on token allocation is based on 3 pillars of liquidity providing
    ▪️ Liquidity Pools – 50%
    ▪️ Long-term Farming Yield and Staking Rewards – 37.5%
    ▪️ Boost period Farming Yield and Staking Rewards – 12.5%

    No locked coins, nothing minted for the team. Everyone has to buy their SDEX like everyone else.

    Tokenomics SDEX

    Market

    ▪️ Current Value: $0.0123
    ▪️ ATH: $0.0123 (23/07/2023)
    ▪️ CoinMarketCap ranking: #291 (On 2,7k+ Watchlists)
    ▪️ Max Supply: 10,000,000,000 $SDEX
    ▪️ MC: 78,4M

    Conclusion: Why SMARDEX Could Be the Next Big Thing

    Overall, SMARDEX is an encouraging debut in the AMM spectrum, offering creative answers to significant challenges faced by LPs in decentralized exchanges. With its groundbreaking algorithm and lower transaction fees, SMARDEX holds serious potential as a game-changer in the decentralized exchange domain and could be the next ‘Uniswap Killer’.

    You can start buying $SDEX today on MEXC 👇

    Useful Links

    Website: https://smardex.io/

    Docs: https://docs.smardex.io/

    Twitter: https://twitter.com/SmarDex

    Telegram: https://t.me/realSmarDex

    Github: https://github.com/SmarDex-Dev/smart-contracts

    CoinMarketCap: https://coinmarketcap.com/nl/currencies/smardex/

    Stay in the Loop

    Get the daily email from CryptoPediax that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

    Latest stories

    - Advertisement - spot_imgspot_img

    You might also like...