What is MDX? The Ultimate Guide to Understanding Cryptocurrency: Mdex

Friday, January 21, 2022 at 8:59pm



MDEX  is a decentralized platform for cross-chain transactions and MDEX is deployed on BSC, HECO and Ethereum blockchains. Using fund pools MDEX aims to integrate the advantages of multiple chains to build a high-performance compound DEX automatic market making ecology. The dual mining mechanism of liquidity mining and transaction mining provides participants with maximum rewards. MDEX is now available on Heco and BSC, and users can use MDEX Bridge to complete cross-chain transactions on Heco, Ethereum and BSC.


The Mdex Platform


MDEX is committed to building a DeFi platform that integrates DEX, IMO, and DAO to provide one-stop liquidity services for high-quality assets and bring users a more secure, trustworthy, diverse, and cost-effective transaction experience. 


Since January 19 2021 launch, MDEX has been continuously seeking better protocols to build an ecology with lower costs, higher efficiency and the best user experience. Amid the market with fierce competition and frequent reiteration, the MDEX team has been reminding itself of the nature of finance and striving to stay rational. 


Currently, MDEX provides transactions of all types of tokens and thereby fulfills users' basic needs. All transactions initiated can be confirmed in about 3 seconds. MDEX is focused on the importance of both decentralized governance and efficiency. The transaction fees are as low as $0.1 cent. These are compensated by transaction mining, making the transaction free. The increase in transaction depth reduces slippage to as low as 0.1%. Reducing fees substantially versus centralized exchanges.