Cardax

About Cardax

Cardax is a distributed trading platform that will use the EAMM protocol to operate. The goal is to increase the trading volume of Cardano native tokens issued by various initiatives. With the introduction of native tokens and multi-asset functionality via the Mary hard fork on Cardano’s main net, there is a pressing need to create a native exchange. Cardano’s Goguen period release will also make smart contracts available, opening the door to the creation of decentralised applications.

Big steps like these will allow Cardano to be put to fascinating use in the business world. Cardano’s native exchange will fill in some of the trading ecosystem’s holes and solve some of its problems. Cardax will add a number of useful features and capabilities to the Cardano network.

• Allows for the use of any native Cardano token
• Capability to participate in liquidity pools and earn fees when trading ADA for other Cardano native tokens.
• Automated, liquidity-aware pricing through the EAMM protocol.
• Trading ADA for other Cardano tokens is possible.
• Single-transaction trading of several Cardano Native Tokens.
• Possibility of buying and selling as well as transferring ownership to a new location within the same transaction
  Yoroi wallet makes it simple to buy ADA or any other Cardano Native Token.