FXDX

FXDX is a decentralized derivatives exchange with lighting fast transaction speed and minimal transactions costs with institutional grade centralized UI/UX experience.

FXDX offers 0-trading fee perpetual futures trading to the traders via generating RealYield for the LPs. 

The idea for FXDX originated as a solution to current problems with centralized exchanges and decentralized exchanges. These include CEX problems such as custodianship trust, security breaches, withdrawal limits and low transparency; and DEX problems such as no cross-chain swaps, inadequate tool supports and slippages. FXDX provides solution to all these problems as we have low transaction fees, non-custodial platform, opportunity to maximize gains by leverage of up to 30x to 50x, 100% on-chain with plans to implement cross-chain capabilities via Router Protocol enabling interoperability, lighting fast transaction that settles in matter of seconds, minimum liquidations, institutional grade tools with advanced trading tools and support for a professional client base.

FXDX 2.0 has key features such as hybrid liquidity mechanism (orderbooks and vAMM pool), unique listing like NFT derivatives, gas derivatives, hash-rate derivatives, multiple derivatives market such as tokens, stocks, bonds, carbon credits, real estate or any asset with a price feed, ability to predict defi market and proper positioning, speed & high scalability, and simple UI & UX.

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MultiversX is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.

MultiversX rewards the community and active participants with EGLD tokens. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators provide services.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX was first announced in August 2019, and its mainnet went live in July 2020.

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