MultiversX Wiki - JEXchange
  Presentation of JEXchange

Presentation

JEXchange provides a secure way to exchange ESDT tokens.

“Elrond is a new blockchain architecture, designed from scratch to bring a 1,000-fold cumulative improvement in throughput and execution speed”.

Elrond ecosystem is growing incredibly fast and Elrond native tokens (ESDT) are created every day.

JEXchange is a project that aims to provide a place where anybody can purchase/sell EDST tokens using Elrond secure smart contract environment. As a complement to Maiar DEX, the adopted approach is to allow peer-to-peer swaps instead of swaps based on liquidity pools and automated market maker algorithms.

Let’s take an example: Alice wants to swap some $RIDE tokens for $wEGLD. Alice creates an offer on JEXchange, let’s say 100 $RIDE for 1 wEGLD, using a secure smart contract. Bob has 1 $wEGLD in his wallet and wants to buy some $RIDE tokens. Bob fills Alice’s offer by sending 1 $wEGLD to the smart contract. In the end, Alice receives 1 (minus fees) $wEGLD token and Bob receives 100 (minus fees) $RIDE tokens.

App screenshots

 

   

Roadmap

Q1 2022

  • Tokenomics implementation (testnet)
  • Smart contracts audit
  • Deployment on Elrond mainnet
  • JEX token public sale
  • Reward program (phase 1)

Q2 2022

  • Integration of other tokens of Elrond ecosystem
  • Buy/sell ESDT/NFTs feature
  • Reward program (phase 2)

Q3 2022

  • JEX V2 - new types of offer
  • UI/UX redesign

Q4 2022

  • DAO creation

2023

  • To be continued
  Tokenomics
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Details
Max supply
1,000,000,000 JEX
Presale
200,000,000 JEX
Team - Advisor
100,000,000 JEX
Marketing
300,000,000 JEX
Other information
  CLICK HERE
  Audit
This audit was carried out by Arda
Link to audit
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  Comments

  Author
Javier
@Javier

  Disclaimer
A project built on the MultiversX blockchain does not mean that it is officially recognized by MultiversX. Everyone is free to build their project on the blockchain, be careful when you invest.