DDEX Introduction

DDEX
3 min readJun 4, 2021

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DDEX is a cross-chain decentralized exchange platform operated by a global community, which supports better cross-chain crypto-assets circulation and management on BSC & HECO ecology, and decentralized transactions and settlement between wallets.

Decentralized Exchange and Clearing Platform

Keep crypto assets management and circulation at high-profit and high-efficiency.

AMM transaction

The AMM trading section is one of the core business sections of DDEX. It provides users with low complexity, low gas cost, and decentralized digital currency transactions that do not require off-chain input. This allows investors to easily and quickly obtain income at the same time reap more revenues through providing liquidity.

-High capital efficency and low slippage

-Optimize temporary losses

-Multi-token exposure

-Transaction fee distribution

-Smart pool

Liquidity mining

The AMM trading area is also linked to liquidity mining. Users participate in liquidity mine for DDEX platform tokens as per the weight of their holdings in the three trading sections — mainstream tokens, platform tokens and innovation tokens.

Referral Mining

When a user invites new users to register, he/she will receive 2% of the invitees’ mining revenue. DDEX specially designs the referral rewarding mining incentive mode. When users invite friends to contribute liquidity to the platform, the recommender can also get 2% mining reward. The invitee can bind the invitation relationship with one person, and the recommender invitation income can be stacked.

Derivatives

As the trading volume and liquidity of DDEX continue to increase, the platform will gradually diversify the structures of various products, including the perpetual contract module that is currently under the testing phase.

DDX-Platform token

DDX is the only token for the DDEX platform, which is available to DDEX users through transaction mining, liquid mining, the DAO autonomous community, and other platform incentives.

DDX can be used to pay transaction fees and purchase other services of future DDEX ecological opening and can also be used for repeated mining on the platform and trading with other users.

DDEX DAO System

DDEX adopts DAO contract for its operation. All major decisions, including but not limited to: weight parameters of liquid mining pools, transaction fee weights, repurchase and burn weights, halving cycles, new token mining pools, etc. will all be initiated and finalized through the DAO community. In this way, DDEX achieves true decentralization.

In DDEX’s DAO system, the DDEX platform token is used as a governance token, and the holding of the token is the only measurement of users’ voting rights and weight. Specifically, the DDEX held by the user is counted as 1 vote, and the DDEX staked is 2 votes. DDEX tokens that are repurchased or staked after the voting starts will not be counted in the voting result.

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DDEX

DDEX is a cross-chain decentralized transactions clearing & settlement platform