ORAIX

OraiDEXORAIX

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Market data is untracked

This project is featured as an 'Untracked Listing'

For more details on the listing tiers, please refer to Listings Review Criteria Section B - (3)

Sponsored

ORAIX Price Live Data

Developed by Oraichain, OraiDEX is a CosmWasm smart contract-based decentralized exchange with multi-chain interoperability, optimal speed, and lots of liquidity options for users. OraiDEX is compatible with Cosmos IBC (Inter-Blockchain Communication) with a number of easy-to-use features:

  1. Bridge: moving native token or data from Ethereum, BNB Chain, and other networks to Oraichain and vice versa;
  2. Swap: easy token swapping, streamlined liquidity provision and farming with profitable APR;
  3. IBC integration: allowing trustless communication between ORAI, ATOM, LUNA, UST, OSMO, JUNO, and more;
  4. NFT Bridge: relocating NFT assets from Oraichain to other networks like Ethereum or BNB Chain and vice versa.

ORAIX is the governance and utility token of OraiDEX, which is designed to balance its inflation from rewards and spending from utility fees as follows. Note that a portion of utility fees will be burnt. It will be decided by governance voting.

Utilities: - Pay meta-staking fee (the fee is taken directly from profits); - Pay pool creation fee; - Pay OraiBridge fee; - Pay NFT Bridge fee; - Buy airdrop NFT tickets of newly listed projects on OraiDEX.

Governance: - Fee structures; - Meta-staking policies.

Website: https://oraidex.io/