• Home
  • Bitcoin News
  • Blockchain News
  • CBDC News
  • NFT News
  • New to Crypto?
  • About
  • Contact
Facebook Twitter Instagram
Todayq News
  • News
  • Bitcoin
  • Metaverse
  • NFT
  • Blockchain
  • New to Crypto
  • Contact
Twitter Facebook Instagram LinkedIn
Todayq News
Sponsored

Promising Cardano-based DEX joins the race: Do.Exchange (DOEX) to hold a public sale on Kick.io

By Sneha Kapoor3 December 2021, 07:26 PM
Promising Cardano-based DEX joins the race: Do.Exchange (DOEX) to hold a public sale on Kick.io

Cardano is the blockchain of the future, there’s no doubt about it. Nevertheless, to foster that future we have to build the infrastructure around it. Cardano-exclusive decentralized exchanges (DEXs) are thus critical for the future of decentralized finance.

That’s why we’re immensely proud that Do.Exchange (DOEX), a Cardano-based DEX with an Automatic Market Making protocol, has chosen KICK.IO launchpad for its public sale. By making use of self-enforcing smart contracts, DOEX will facilitate trustless and efficient financial transactions between market participants, and provide the much-needed liquidity within the Cardano ecosystem. The DOEX Team said the following about the project:

“Our vision is to become the first Cardano-based DEX, ensuring interoperability across chains and allowing for the seamless swap of tokens both on the Cardano blockchain and other ones like Ethereum via a fool-proof bridge or converter. This is part of our extended vision of laying a solid background for extended business and expansion opportunities. Our long-term objective is to be the one-stop shop for DeFi services on the Cardano blockchain, including, but not limited to, staking and asset management.” 

Unlike most DEXs, DOEX’s aim is to create a truly decentralized, community-driven protocol, where all token holders have voting rights, are able to guide the platform changes, and where users are empowered to fully utilise the immense utility of the DOEX token.

Uses of DOEX Token

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

• Incentivization of platform members

• Payment of fees such as Swap fees and slippage fees

• Participation in Liquidity Pool

• Payment of reward to Liquidity Providers

After an enormously successful initial funding round, DOEX is planning a substantial expansion in the near future and is seeking strategic partnerships with key institutional stakeholders, established blockchain projects to facilitate mass adoption, and looking for long-term investors.

For a limited time, Do.Exchange welcomes inquiries from institutional investors who wish to take part in the initial private sale. For a chance to participate in the private sale, please contact sales@do.exchange.

Public Sale on KICK.IO

The DOEX public sale on the KICK.IO Launchpad is scheduled to begin on December 6, 12:00 pm, GMT+02:00. From preliminary projections, it is anticipated to be widely oversubscribed.

Available Supply: 23,800,000 DOEX (17% of Total Supply)

Price: $0.11 USD

About KICK.IO

KICK.IO is a Cardano-based fundraising platform and project accelerator, designed to provide transparent, efficient, and fully decentralized crowdfunding services. KICK.IO is set to mature into a cornerstone of the new Cardano-dominated DeFi landscape, becoming the place where Cardano’s extensive community can come together to fund projects characterised by the immense potential for future success.

Our next-generation decentralized launchpad will be built according to the best DeFi industry practices, ensuring real-time settlement, top-notch security, interoperability, true decentralization, zero counterparty risk, while also being fully scalable to meet the needs of institutional investors. Unlike our competitors, we offer full support of Cardano native tokens and a suite of advanced DeFi tools that upcoming projects need to thrive and prosper.

Disclaimer: This is a commercialised article and no one from Todayq News is involved in creation of this content. Todayq News does not endorse any content or service on this page. This article should not be considered as a piece of investment advice and readers should do their research before taking any actions and take full responsibility for their decisions.

Sponsored
Share. Facebook Twitter LinkedIn Telegram WhatsApp Reddit

Comments are closed.

Must Read

Top BTC ATM maker suffers “highest” security breach; loses over $1.5 million

Nayib Bukule’s approval rating stands at 91%, thanks to Bitcoin

Microsoft plans to develop Crypto and NFT-friendly Web3 wallet for its Edge Browser

US Banks face account openings surge following recent failures; caution arises for Crypto sector

Instagram
In a recent revelation, Cody Harris, a Texas House of Representatives member, proposed a Bitcoin mining bill. The proposed bill recognizes the right to mine Bitcoin in the state, however, it has also added fuel to the inherently controversial topic of cryptocurrency mining in Texas.
Hackers stole almost $195 million in a flash loan assault from the decentralized finance (DeFi) platform Euler Finance, making it the biggest attack of 2023 thus far. The thieves moved the stolen money to two new wallets, one of which contained DAI tokens and Ethereum (ETH) stablecoins.
While the global regulatory approach to crypto seems to be blurred, a recent study highlights that the interest of the masses in crypto in particular regions hasn’t slowed at all. The study took into consideration crypto-related internet searches to produce results.
Crypto automated teller machines (ATMs) are considered to be one of the key infrastructure pillars to assess the rate of mass adoption of cryptocurrencies. Reportedly, the number of crypto ATMs around the globe has seen a significant reduction this year.
Crypto by TradingView
Twitter Facebook Instagram LinkedIn
  • About
  • Careers
  • Advertise
  • Privacy
All rights reserved by Todayq Technologies PVT. LTD.

Type above and press Enter to search. Press Esc to cancel.