AllianceDEX-New Market Maker Powered By AllianceBlock

First globally compliant decentralized capital market AllianceBlock, announced the ongoing development of its Automated Market Maker platform, AllianceDEX as part of its continuous effort to build a decentralized capital market. The new DEX will have its own take on an automated market maker (AMM) — an algorithmic agent that provides liquidity in electronic markets. It aims to minimize impermanent loss in both uptrend and downtrend markets with its new methodology.

Alliance DEX works directly on the intrinsic mechanism of the automatic market maker with a new approach to reduce the impermanent loss. This new methodology, allows AllianceDEX to minimize the risk of IL compared to standard DEXs and the volatility of each LP’s profit-and-loss when entering the DEX.

The AllianceDEX is the latest in a string of high-profile product announcements for the company and follows the release of the AllianceBridge and the launch of the Liquidity Mining as a Service (LMaaS). Additionally, AllianceBlock also made waves when they announced a collaboration with industry leader Hedera Hashgraph, the most used enterprise-grade public network for the decentralized economy.

ABOUT AllianceBlock
AllianceBlock is building the first globally compliant decentralized capital market. The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that automates the process of converting any digital or crypto asset into a bankable product.

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