The Revolution Of Kaidex
The revolution Of Kaidex, the Automated Market-making (AMM) Decentralized Exchange (DEX) on KardiaChain, a leading blockchain ecosystem in South East Asia.
KAIDEX V3 is designed to supercharge Total Value Locked (TVL) on the KardiaChain Network and strives to be community-focused organization.
As of its launch in June 2022, KAIDEX has:
- Earned endorsement and support from KardiaChain Foundation
- Established partnership with the whole KardiaChain Ecosystem
- Captured the most TVL for native KardiaChain protocols
KAIDEX INNOVATIVE FEATURES
- Avant-garde UI
- High-frequency trading with nearly zero fees
- Capacity to provide liquidity and seamlessly swap any KRC20 tokens
- Liquidity Mining Incentives
- IDO Launchpad
KAIDEX Token & Supply Breakdown
KDX is a governance token and will collect a portion of protocol fees.
- Total Supply: 200,000,000
- Chain: KardiaChain (KRC-20)
- Months to emit: 60
Connect Wallet
Set up KardiaChain Wallet
- Installing KardiaChain Wallet
- If you have not installed and own a KardiaChain wallet, please do so here.
The current version of KardiaChain Wallet extension are not supported for KAIDEX V3 at the moment. If you are trying to use KardiaChain Wallet Extension, please export your private key and add to MetaMask wallet extension.
Set up Meta Mask with KardiaChain mainnet
- Installing Metamask
- If you have not installed and own a Metamask wallet, please do so here.
- It is supported by Chrome, Brave and Firefox.
- Connect Metamask to KardiaChain
- Unlock Metamask > Select Settings > Select Add Network.
INPUT CORRECT RPC
- Network Name: KardiaChain Mainnet
- New RPC URL: https://rpc.kardiachain.io
- ChainID: 24
- Symbol: KAI
- Explorer: https://explorer.kardiachain.io
Gas fees on KardiaChain will be paid in $KAI
KAIDEX INNOVATIVE PRODUCTS
- JETPad — intends to increase the desirability of KAIDEX as a go-to place for token issuers and project owners to launch new protocol tokens, bringing new capital and trade to the platform.
- Liquidity Pool — Contributors can earn up to 0.3% trading fees from the liquidity they’ve put in. Adding liquidity allows you to receive incentives. If you lock your liquidity at farms, you can get extra rewards in KDX.
- KAIDEX Staking Pool — KAIDEX stake pools contain only one type of token. There is no requirement to create LP tokens, but the idea is similar with creating a liquidity token (LP) and staking it in a liquidity mining program to generate other tokens.
In addition, to earn extra KDXs, you can stake your KDXs. Then you will be given a buyback KDX token, stKDX, to represent your share of the pool. Furthermore, stKDX holders earn a portion of trade fees in order to buy back KDX. Your stKDX balance will remain unchanged, but the ratio of stKDX to KDX will be ever-increasing as it purchases additional KDX.
Why stake?
- No Impermanent Loss.
- Maximize your profits when KDX price increases.
- A 0.05% trading fee is use to periodically buy back KDX tokens. When you exchange your stKDX for KDX, you’ll get more KDX than you started with.
- Government power over KAIDEX.
- Chances to participate in IDO.
KAIDEX GOVERNANCE
KAIDEX DAO (Governance of KAIDEX) is a decentralized autonomous organization that operates according to smart contract regulations. Furthermore, KAIDEX puts generosity in the DNA of the whole community by allowing them to submit protocol recommendations, vote on them, and implement modifications utilizing administrative services.
Moreover, voting rights can be delegated by KDX token holders to themselves or other wallets. Then a proposal creation follows which weighs are recorded and voting begins. The period for on-chain voting lasts for a week. Additionally, if a proposal meets the minimal vote threshold, it will be temporarily lock and can be implement for 3 days. With the absence of force majeure or technical complexity, any update to the protocols takes no less than 10 days.
ABOUT KAIDEX
KAIDEX V3 is an automated market maker (AMM) that allows user to exchange two tokens on the KardiaChain network. Anyone providing liquidity on the platform gets reward with trading fee.
ABOUT Kardiachain
KardiaChain is the First Decentralized Interoperable and Self-Optimised Blockchain Infrastructure. It aims to push the current boundaries by solving one of the most prominent challenges facing blockchain technology, fragmentation of the blockchain ecosystems.
