- A Decentralized Exchange (DEX) – is a peer-to-peer marketplace where transactions occur directly between crypto traders. The DEX fulfills one of the core capabilities of cryptocurrencies: It facilitates financial transactions that are NOT conducted by banks, brokers, or other intermediaries.
- GlobianceDEX – The first of it’s kind, the GlobianceDEX is currently the only decentralized exchange on the XDC network. Launched in August of 2022, GlobianceDex allows trading in all types of assets. Traders can customize slippage, deadline, and swap paths, according to their needs. New projects can launch tokens directly, after their successful deployment on the blockchain.
- GlobianceDEX is deployed on the XDC blockchain 4.0. The XDC network is a blockchain platform that has enhanced its predecessor’s vision, (Ethereum) for a decentralized, blockchain-powered ecosystem, with code-enforceable smart contracts. The XDC network is fully compatible with Ethereum Virtual Machine (EVM), enabling it to attract a large community of Ethereum developers and encouraging various ‘dapps’ built on the Ethereum network, to migrate to XDC. With almost zero gas fees, 2 second transaction times, and 2000 TPS, the XDC network is a very attractive choice for platform builders.
- GlobianceDEX was developed as an Automated Market Maker (AMM), using EURG and USDG stable-coins as underlying values pegged to their respective fiat currencies, using GBEX, USDG, and WXDC as a common base. The Globiance stable coins EURG and USDG (XRC-20) benefit from the lowest possible fees, as well as instant transfers. The Interoperability with the ISO20022 messaging standards, make these the most reasonable stable-coins on the market.
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