ADAX has no order book -- we eliminate all intermediaries, complexity, and cumbersome procedures from the equation, offering users untrammeled freedom to trade without censorship or loss of control over their assets. Users can maintain full control of their tokens and are not required to give up their private keys so that their orders can be logged as they are on a centralized exchange.
Solving Market Problems
Cardano ERC20 Converter
ERC20 converter is a tool designed for token issuers (organizations that wish to enable the migration of their tokens to Cardano) and their users (token holders) to migrate their ERC20 tokens to the Cardano network. Users can convert their Ethereum tokens in just a few clicks, and when moved across, these tokens will be ‘translated’ into a special native token on Cardano that has the same value and works just like an ERC20. Additionally, Cardano offers two-way convertibility, so if the user wishes to do so at a later stage, they can move their tokens back to the source network by burning them on Cardano
An issue with current liquidity pools in existence is their dynamically changing ratios. Liquidity providers have an incentive to provide liquidity to low-volume assets for higher rewards, as they get a share directly proportional to the volume they provide to the pool. Unfortunately, this is not enough reward in most cases as impermanent loss is rampant in low-volume assets, which means that occasionally it is not worth the risk/reward for liquidity providers. ADAX works on a different model that will address these concerns.
ADAX Fee model
0.3% Swap fee distribution:
0.175% For the taker
0.125% for the maker
All fees go straight to liquidity pools; there are no platform fees.
Alonzo Upgrade Opens the Door for Cardano DApps | CoinMarketCap
Flickto Announces First-Ever Public Sale Round On ADAX | Headlines | News | CoinMarketCap