KardiaChain Officially Launched KAIDEX V2

KardiaChain officially announced the launched of its decentralized exchange platform KAIDEX V2. The newly launched project from KardiaChain ecosystem, brings lots of important features.

Key features

1. Omnidirectional swapping: users can now easily swap from one token to ones already available on KAIDEX without the need to find any specific predefined pairs.
2. Cross-chain swapping enhancement: support all EVM-compatible blockchains, and introduce the Beta version of KSML 1.0, which supports EIP20 Token Interface.
3. Easy network integration: only takes 30 minutes to create a proposal and integrate with a new network.
4. Price impact reduction: automatically route to the pool with the highest liquidity, also provide more incentive for users to provide liquidity as there will be more volume across pairs.
5.  Bot attack reduction: minimizes the loss of front running bots that track users’ behaviors and execute “Sandwich Attacks” (What are Sandwich Attacks?), or prevents “Flash Loan Attacks” (Flash Loan) in Lending, Borrowing Defi Protocols that “whales” can manipulate the token price.
6. Committed rug-pulls prevention: A new token needs to create a proposal contract and provide at least $50,000 in liquidity for listing on KAIDEX. The contract also locks the KAIDEX LP Token (KLP) for 6 months, then releases it monthly for the next 6 months. This will protect investors from rug-pull projects.

With all the new improvements, The KAIDEX V2 would provide more direct approaches in cross-chain trading with convenience while still maintaining network stability and security for all users.

ABOUT KardiaChain
KardiaChain is a blockchain platform that aims to be fully interoperable and “non-invasive,” meaning that blockchains can connect to the network without needing to make technical modifications to their own protocols. KardiaChain uses a dual-node structure to facilitate the connection between its own ledger and other blockchains, sharding for scalability and smart contracts for developers.

RESOURCES
blog.kardiachain.io