Maximizer Announced The Official Partnership With Dexalot
Maximizer is excited to announce an official partnership with Dexalot. Dexalot is a revolutionary decentralized exchange aiming at bringing the traditional centralized exchange look and feel through a decentralized on-chain application.
Dexalot’s unique attributes allow users to trade crypto securely and efficiently, with no slippage or custody risk. Dexalot’s key advantages are:
- Innovative — DEX experience but with central limit order books functionality like a CEX
- Low costs — Avalanche’s low fees and zero slippage on trades
- Speed — High transactional throughput with a 1–2 second finality
- Simplicity — Just connect your wallet, no intermediaries, non-custodial, nearly instantaneous settlement
- Community — Exciting features with a community driven governance model
Dexalot’s token generating event (TGE) for the ALOT token is rapidly approaching and will be announced on Feb 14th, 2022.
We welcome newcomers from the Dexalot community! If you’re new to Maximizer & Bonds, here is how to get started:
Mint bonds by buying $MAXI using any of the open LP listed on the minting page, which you get by providing liquidity to the appropriate Trader Joe pool.
- This allows you to trade your principal for discounted $MAXI tokens that are vested linearly over 5 days
- Claim $MAXI rewards pre-rebase
- Stake $MAXI to earn APR rewards
- Hold $sMAXI to compound
Maximizer has helped partner protocols remove LP tokens from the open market through minting MAXI, thus reducing the reliance on expensive emissions and therefore sell pressure.
Dexalot will soon be the latest Maxi partner to benefit from their token being in the Maximizer treasury (after their TGE). There they will not be sold, but only grow in Maximizer’s ever growing auto-compounding vaults.
As they’ve explained before, this is significant because it reduces costs of additional token emissions to retain liquidity and our hope is it will contribute to further token appreciation for each of their respective tokens. The net benefit is that it will give Dexalot’s ALOT token owners peace of mind and known backstopped liquidity. 🤝
This partnership means more Maximizer rewards coming in the form of a future Airdrop of $ALOT tokens to $MAXI stakers! 🔥🔥🔥
About Maximizer
Maximizer aims to scale and enable sustainability for Avalanche ecosystem projects through it’s novel no-sell vault treasury.
Source:
https://medium.com/@maximizerxyz/new-maximizer-partner-dexalot-997db19b9444