Acardex, a non-custodial decentralized exchange based on the Cardano blockchain announced today the successful Beta release of its staking platform on the Cardano testnet.

The staking platform will reportedly allow ACX holders, the native token on the platform to stake their tokens to earn up to 25% additional return. Note, the amount of $ACX allocated will be determined by the size of the stake with providing and rewards being paid out after each cycle.

Commenting on the staking platform, the Acardex team explains:

“A big thanks to our community for their continued support and patience as we worked to push this across the finish line.”

Notably, Acardex utilizes a mechanism similar to the Cardano ecosystem that allows ADA holders to stake their tokens and get rewards in Cardano every five days. In Acardex’s case holders are rewarded with $ACX tokens. Acardex ISPO was created with the mission of encouraging investors to stake their Cardano tokens to help decentralize the Cardano network. 

In addition to the staking platform, Acardex has also kicked off a pre-sale for its ACX token, allowing early adopters to join the project. Users who hold and stake the ACX token will be eligible to vote for their favorite projects. The more ACX tokens a user holds the more weight their vote holds. Those who wish to participate in the event can visit the Acardex website for more details.

The ACX tokens were created as a utility token to be used across the Acardex ecosystem. Token holders can choose to provide liquidity to projects on the DEX to receive a percentage of the liquidity fees. Apart from staking holders can also use their ACX tokens to pay for platform fees and yield farming.

Acardex is working on creating an all-in-one DeFI ecosystem on the Cardano Ecosystem where users can earn ACX tokens without their them without leaving their wallets. The ecosystem will include a decentralized exchange (DEX), a permissionless Staking vault, and a launchpad. Currently, Acardex is working on getting listed on a Tier exchange in the coming day once the pre-sale has been completed. 

New York, New York, April 05, 2022 (GLOBE NEWSWIRE) — Acardex has consistently garnered momentum since its establishment as a Cardano dex project, it has recorded full project development in a very short time. Acardex team of developers is aimed at solving cardano’s concurrency problem by allowing many transactions to be executed at the same time.

Acardex is vital for the entire blockchain sector, and it is possible that it may become top choice DEX on the Cardano blockchain. With the public launch approaching, they anticipate a huge increase in activity in the following weeks and months.

On the other news, their team of lead developers are working on the launch of acardex metaverse which would include the acarde motor racing, P2P competition and so many more. The Acardex team will share more information on many of the features as they expect to launch in the coming months, as well as critical updates on the company’s roadmap and the continued evolution of the technology stack.

Acardex achievements so far

The Acardex Labs has made a progressive success in the past weeks which includes distribution of ACX tokens to seed buyers, security audit on acardex project, launch of acardex dex demo and other new updates which will be announced in due time.

Acardex Working Ecosystem

Acardex will be a key to unlock liquidity for the Cardano ecosystem in a completely decentralized and non-custodial manner. The trading and monetization features of Acardex decentralized exchange will be based on AMM (Automated Market Maker) protocol to ensure a fast, trust-worthy, and powerful liquidity upgrade.

This will facilitate the trades initiated by users not to be matched with others using order books, rather users will be trading with each other by locking their assets into a liquidity pool and earn rewards from trading fees.

With a working DEX, Acardex will be offering a very transparent, swift, secured & low cost of transactions, elimination of the need for complex UI/UX, scarping off intermediaries while ensuring that users have express right to trade on our platform without any form of censorship, or loss of assets through hacks.

Acardex Ecosystem is powered by its token $ACX, which is used to facilitate transactions on the platform. Holders of the token are also given the opportunity to become decision makers and vote to endorse future features to be implemented on the platform.

ACX token Pre Sale

– 1 ACX = 0.00024 ADA

– 1 ADA = 416 ACX

– Supply: – 200,000,000 ACX

– Minimum Buy: 300 ADA

– Maximum Buy: 30,000 ADA

To participate in the On Going Pre Sale, users should only use Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet or Adalite Wallet.

Comprehensive guide on how to participate in the ongoing ACX Pre Sale event is available on our Token Sale Page, users can only participate in the Pre-Sale via their website: https://sale.acardex.io/

Telegram: https://t.me/acardexcommunity

Twitter: https://twitter.com/_acardex

Medium: https://medium.com/@acardex

Cardano-based Acardex decentralized exchange (DEX) is glad to announce the launch of its ACX token presale.

This was announced shortly after the project concluded its seed sale which was a huge success as we sold out all the Allocated tokens for the seed sale.

Our team of experienced developers is currently working on our dex testnet, which will be followed by the mainnet launch in no time.

Features of Acardex

Anonymity: The first important advantage associated with Acardex decentralized exchanges would refer directly to the anonymity of users.

Users do not need to pass the standard identification procedures such as Know Your Customer or KYC processes with decentralized crypto exchanges.

Native Token availability: All native tokens on Cardano will be available on our platform, Acardex provides easier availability of tokens, especially the ones minted on the Cardano blockchain.

Reduced Counter-Party Risks: Counter-party risk is clear when one of the parties involved in a transaction does not fulfill its contractual obligation.

This will be canceled out as there will be no need for any intermediary for transactions, rather through our smart contracts, automated means of processing transactions are assured, and this ultimately entails gaining freedom from counter-party risks.

$ACX token use cases

The native token which will power Acardex network is $ACX and its total supply will be 1,000,000,000 ACX

Acardex use cases include but are not limited to:

• Ability to trade ADA for other Cardano Native Tokens
• Ability to cast votes and participate in the governance of the platform
• Used for payment of fees such as Swap fees and slippage fees
• Ability to participate in Acardex’s NFT decentralized marketplace that is open and accessible to everyone (Our team of developers is working hard to also launch the NFT marketplace as part of the Acardex ecosystem by the third quarter of the year or even less).
• Acardex token early adopters will be allowed exclusive access to NFT Drops, list their NFTs, set a price, and sell their assets on our marketplace.

ACX token Pre Sale

• 1 ACX = 0.00024 ADA
• 1 ADA = 416 ACX
• Supply – 200,000,000 ACX
• Minimum Buy: 300 ADA
• Maximum Buy: 30,000 ADA

To participate in the On-Going Pre Sale, users should only use Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet, or Adalite Wallet.

A comprehensive guide on how to participate in the ongoing ACX Pre Sale event is available on our Token Sale Page, users can only participate in the Pre Sale via our token sale page.

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Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Acardex decentralized Exchange building on the Cardano network is glad to announce the launch of its ACX token pre sale. This was announced shortly after the project concluded its seed sale which was a huge success as we sold out all the Allocated tokens for the seed sale. 

Our team of experienced developers is currently working on our dex testnet and subsequently the mainnet launch which is planning to launch in no time. 

Features Of Acardex

Anonymity: The first important advantage associated with Acardex decentralized exchanges would refer directly to the anonymity of users. Users do not need to pass the standard identification procedures such as Know Your Customer or KYC processes with decentralized crypto exchanges.

Native Token availability: All native tokens on Cardano will be available on our platform, Acardex provides easier availability of tokens, especially the ones minted on the Cardano blockchain.

Reduced Counter-Party Risks: Counter-party risk is clear when one of the parties involved in a transaction does not fulfill its contractual obligation. This will be canceled out as there will be no need for any intermediary for transactions, rather through our smart contracts, automated means of processing transactions are assured, and this ultimately entails gaining freedom from counter-party risks.

$ACX Token Use Cases

The native token which will power Acardex network is $ACX and its total supply will be 1,000,000,000 ACX

Acardex use cases include but are not limited to:

– Ability to trade ADA for other Cardano Native Tokens

– Ability to cast votes and participate in the governance of the platform

– Used for payment of fees such as Swap fees and slippage fees

– Ability to participate in Acardex’s NFT decentralized marketplace that is open and accessible to everyone (Our team of developers is working hard to also launch the NFT marketplace as part of the Acardex ecosystem by the third quarter of the year or even less).

– Acardex token early adopters will be allowed exclusive access to NFT Drops, list their NFTs, set a price, and sell their assets on our marketplace.

ACX token Pre Sale

– 1 ACX = 0.00024 ADA

– 1 ADA = 416 ACX

– Supply – 200,000,000 ACX

– Minimum Buy: 300 ADA

– Maximum Buy: 30,000 ADA 

To participate in the On-Going Pre Sale, users should only use Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet, or Adalite Wallet. 

A comprehensive guide on how to participate in the ongoing ACX Pre Sale event is available on our Token Sale Page, users can only participate in the Pre Sale via our token sale page https://sale.acardex.io/

Social Media Outlets 

Website: https://acardex.io

Telegram: https://t.me/acardexcommunity

Twitter: https://twitter.com/_acardex

Medium: https://medium.com/@acardex

Contact Email: [email protected]

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ACX Token Seed-Sale Details

1 ACX = 0.00125 ADA

1 ADA = 800 ACX

Minimum Buy: 300 ADA

Maximum Buy: 30,000 ADA

To participate in the On Going $ACX Seed-Sale, users should only use Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet, or Adalite Wallet.

A comprehensive guide will be made available on how to participate in the ACX Seed-Sale

Remember, users can only participate in the Seed-Sale via our website: https://acardex.io/seed-sale.html

Ask your questions through the Social media handle if you are confused about anything.

Telegram: https://t.me/acardexcommunity

Twitter: https://twitter.com/_acardex

Medium: https://medium.com/@acardex

Company Contact:

Website: https://acardex.io/

Contact Name: Acardex

Contact Email: [email protected]

The Acardex team expressed its utmost joy as the project records a massive success in the going $ACX token seed sale. This seed sale is scheduled to end on the 1st of April, with few tokens remaining to round up the sale, it’s very likely that Acardex project would achieve its hard cap in few days which would unanimously end the sale. We commend our community for their unending trust and holding onto us.

As part of our advanced functionalities and user friendly protocol, ACX token distribution is an automated exercise in the sense once a participant make a purchase using ADA, ACX token will be sent directly to the receiving ADA wallet address.

Acardex Ecosystem

 Acardex gives users the opportunity to become a liquidity provider on the Cardano Blockchain via AMM protocol, and earn passive income by collecting fees on “ADA — Cardano Native Tokens pairs” when users join liquidity pools. Acardex team of developers are also working on native assets lending protocol, the mechanism will ensure that the users can access loans and pool assets which can be used for a number of DE-Fi apps.

ACX Token Seed-Sale Details

1 ACX = 0.00125 ADA
1 ADA = 800 ACX
Minimum Buy: 300 ADA
Maximum Buy: 30,000 ADA

To participate in the On Going $ACX Seed-Sale, users should only use Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet or Adalite Wallet.

Comprehensive guide will be made available on how to participate in the ACX Seed-Sale

Remember, users can only participate in the Seed-Sale via our website: https://acardex.io/seed-sale.html

Ask your questions through the Social media handle if you are confused about anything.

Telegram: https://t.me/acardexcommunity
Twitter: https://twitter.com/_acardex
Medium: https://medium.com/@acardex

 

Company Contact:

Website: https://acardex.io/
Contact Name: Acardex
Contact Email: [email protected]

Acardex, one of the first decentralized exchanges based on the Cardano blockchain, when in full operation will solve Cardano’s concurrency problem by allowing many transactions to be executed at the same time. 

Acardex just released the report of its first audit, the security audit majorly checks for any form of vulnerabilities on our platforms, and its solutions, this is to make sure that our platform is highly secured against any form of attacks, hacks, DDOS, etc. This is to protect our platform and its reputation together with our investors’ funds. 

This is our first security audit since the conception of Acardex, and it was conducted by a known private crypto security audit firm.

This announcement comes as the project launches its Seed token sale, with over 90 million of the 150 million $ACX tokens for the Seed Sale Allocation sold as of the time of writing this release.

Our token ID policy which is on Cardano has already been minted and being distributed and already is confirmed to be safe. 

$ACX use cases include:

• Ability to trade ADA for other Cardano Native Tokens
• Ability to cast votes and participate in the governance of the platform
• Used for payment of fees such as Swap fees and slippage fees
• Ability to participate in Acardex’s NFT decentralized marketplace that is open and accessible to everyone (Our team of developers are working hard to also launch NFT marketplace as part of the Acardex ecosystem by the third quarter of the year or even less).
• Acardex token early adopters will be allowed exclusive access NFT Drops, list their NFts, set a price and sell their assets on our marketplace.

ACX token seed-sale 

•  1 ACX = 0.00125 ADA
• -1 ADA = 800 ACX
• Seed Supply: 150,000,000
•  Minimum Buy: 300 ADA
• Maximum Buy: 30,000

To participate in the On-Going Seed-Sale, users should only use Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet or Adalite Wallet. 

Users can only participate in the Seed-Sale via our website: https://acardex.io/seed-sale.html

About Acardex

Acardex is a crypto project built on Cardano that attempts to create a decentralized exchange powered by the AMM protocol. Its goal is to create a platform with extremely low rates and the ability to conduct cross-border transactions quickly.

Telegram: https://t.me/acardexcommunity 

Twitter: https://twitter.com/_acardex 

Medium: https://medium.com/@acardex 

Company Contact

Website: https://acardex.io/ 

Contact Name: Acardex 

Contact Email: [email protected]

Disclaimer: This is a paid post and should not be treated as news/advice.

The Acardex Defi platform has begun token sales to develop the world’s largest decentralized exchange and cross-chain NFT marketplace on the Cardano Blockchain. The Acardex platform enables users to transfer native tokens and NFTs from other Blockchains to the Cardano Blockchain efficiently and seamlessly.

Acardex functionalities

When users join liquidity pools, Acardex allows them to become a liquidity provider on the Cardano Blockchain using the AMM protocol and generate passive revenue by collecting fees on “ADA — Cardano Native Tokens pairs.” Acardex’s development team is also developing a native assets lending protocol, which will allow users to obtain loans and pool assets for usage in various DeFi applications. The native token for the Acardex network will be $ACX, with a total quantity of 1,000,000,000 ACX.

$ACX Token Use Cases

Examples of Acardex use cases include, but are not limited to:

• ADA may be exchanged for other Cardano Native Tokens.
• Ability to vote and participate in the platform’s governance
• Swap and slippage charges, for example, can be paid.
• Participation in Acardex’s NFT decentralized marketplace, which is open and accessible to all. (Will be launched in Q3 this year.)
• Early adopters of the Acardex token will have exclusive access to NFT Drops, be able to list their NFTs, establish a price, and sell their assets on its marketplace.

ACX Token Seed-Sale Details

1 ACX = 0.00125 ADA
1 ADA = 800 ACX
Minimum Buy: 300 ADA
Maximum Buy: 30,000

Users should only utilize Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet, or Adalite Wallet to participate in the ongoing $ACX Seed-Sale. A complete guideline on participating in the ACX Seed-Sale will be made available. Users should keep in mind that they may only engage in the Seed-Sale via the website: https://acardex.io/seed-sale.html.