Called "DX25", this advanced single-sided liquidity #DEX aims to solve the problem of #AMM / #CLMM liquidity provisioning, trade derivatives in a decentralised manner and enable cross-chain transfers.
3/ DX25 uses the CLMM (Concentrated Liquidity Market Maker) model, meaning it allows its Liquidity Providers to save their funds from impermanent losses by distributing liquidity across the range/s in which it operates and brings commissions from transactions.
π
4/ The complexity of #CLMM and of trading derivates will be made easier for the users via an easy-to-use interface, facilitating #DeFi adoption among both the beginners and advanced traders.
esdt.io is a website containing four main learning topics: Htokens, Liquid staking, HatomUSD & Syntetic Tokens
π
2/ On the Htokens page, one can learn about the principle of the Htokens, how #Lend2Mint works, the Collateralize to Borrow process & Redeem to Withdraw.
The Liquid staking page contains an example and utilities of the process, how to mint sEGLD by delegating $EGLD ...
π
3/ ...how to unstake and redeem $sEGLD and how to Leverage Liquid Staking using $xEGLD.
On the HatomUSD page, we have its definition with an example and utility, follow by how to mint $USH and how Repay to burn works for $USH.
1/ The second week of March is over and despite the current situation with $USDC and #SVB, the @MultiversX space is vibrant and has a great vibe after The Bucharest Hackathon π₯π οΈ
1/ A week of outstanding achievements, partnerships, and π₯releases is ending.
Letβs review the most important ones and remember: if you want your project to be mentioned in the weekly news, add it to: elrondbuilders.com/news
We will add it here for next weekβs news review.