What is MDEX (MDX)? | MDEX MDX Explained in Under 60 Seconds

MDEX is decentralized (DeFi) trading platform designed for cross-chain transactions. The protocol integrates DEX, IMO & DAO to create a high performance DEX ecosystem.

The platform is powered by the MDEX token (MDX). Used to earn yield rewards and for governance. Holders can vote on new MDEX token listings, etc.

▶ Search All Tokens (Name or Symbol) https://cryptodefirevolution.com/

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MDEX implements an automated market maker (AMM) protocol to facilitate low slippage, market depth and high yields for miners.

MDEX uses a cross-chain transaction model on the Ethereum network, Binance Smart Chain (BSC) and the Huobi Ecological Chain (HECO).

The MDEX Bridge enables cross-chain interoperability between ETH, BSC & HECO, allowing for cross chain transactions to be completed across the chains.

MDEX is based on the HECO chain designed to avoid scalability issues (such as high gas fees & slow transaction speeds) that ERC-20 assets are experiencing.

WEBSITE: https://mdex.com/