DEXTF launches DEXMF on Algorand, the beginning of a Multi-Chain Future

DOMANI Protocol
DEXTF Protocol
2 min readMar 3, 2021

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DEXMF is the implementation of DEXTF on Algorand Mainnet

We are proud to announce that DEXTF Protocol will be launching on Algorand public network as DEXMF (Decentralised Managed Funds), thanks to the grant funding received from Algorand Foundation.

This is the first of many multi-chain implementations of DEXTF.

Algorand is well equipped with a deeply innovative technical team that understands and addresses the issues afflicting on-chain operations for DeFi.

Building on Algorand means having access to a scalable, fast and institutional-ready smart contract toolkit that would enable high throughput with very low transaction fees. Creating an escrow account will be as easy as creating a wallet on Ethereum!

Algorand’s development of a co-chain functionality is one of the most interesting features as its completion will mean that permissioned networks are allowed to run along the public mainnet, resolving an issue that would have kept institutions away for a while more.

DEXTF is ready to explore, implement and build to crystallise value within the protocol through L2 solutions, new products and other chains.

About DEXTF Protocol

DEXTF is an on-chain non-custodial asset management protocol that empowers anyone to mint, trade and redeem non-custodial oracle-less tokenized portfolios (XTFs). Investors can finally claim full asset ownership even when their investments are delegated to portfolio managers. Amplify your perspectives and grow your investments by unlocking the power of efficient capital allocation with DEXTF.

Dapp (currently only available for Desktop)

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