DEX is a hybrid decentralized exchange that combines elements of an order book and an automated market maker (AMM).
Cryptocurrency exchange IDEX will be hosting an “Ask Me Anything” (AMA) event on X on November 29th at 19:00 UTC.
During the event, members of the IDEX team will be discussing various topics, including where to find exceptional Asian cuisine during the holidays, coping with challenges related to using Ethereum, and sharing their thoughts on meme cultures and price discovery.
Those interested in participating can submit their questions beforehand by filling out this form.
About IDEXInfo
IDEX is a hybrid decentralized exchange (DEX) that combines elements of an order book and an automated market maker (AMM).
The exchange’s strategic integration of an off-chain trading engine with on-chain trade settlement showcases a unique approach to decentralized exchanges. Users stand to gain from this model as it effectively eliminates instances of failed trades and unnecessary expenditure on gas fees, optimizing the overall trading process.
Additionally, the implementation of immediate trade execution negates the possibility of front-running or sandwich attacks, allowing users to engage in successive trades without the need to wait for prior trades to settle.
The IDEX token is utilized to incentivize user participation in the system and provides opportunities for staking rewards. Token holders also have the privilege to participate in the decision-making process within the IDEX ecosystem.
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