SwapDEX

1. Summary

Ranks

Liquidity

-

Developer

-

Social

57

Momentum (beta)

0

Stack Rank™

-

Price

$0.002429340000 0.0%

Market Cap

$0.00 (#8473)

Supply

/

Tags

Binance Smart Chain Ecosystem DeFi BNB Chain Ecosystem

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Price
52W High price	$0.004436115200
52W High date	27th Jun 2023 (1 year ago)
All Time High (ATH) Date	5th Nov 2024 (2 weeks ago)
All Time Low (ATL) Date	5th Nov 2024 (2 weeks ago)

Supply & Trading Volume
Trading Volume (24h)	$408.00

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Description

SwapDEX is a decentralized finance (DeFi) platform comprising of a primary network called SmartDEX-Network and a research chain known as Kusari-Network. The SmartDEX-Network is maintained by validators chosen through a Nominated Proof-of-Stake (NPoS) consensus design, and rewards are given for correct behavior and penalized for misbehavior. SwapDEX...

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SwapDEX is a decentralized finance (DeFi) platform comprising of a primary network called SmartDEX-Network and a research chain known as Kusari-Network. The SmartDEX-Network is maintained by validators chosen through a Nominated Proof-of-Stake (NPoS) consensus design, and rewards are given for correct behavior and penalized for misbehavior. SwapDEX introduces a decentralized governance scheme, permitting changes through agreement by elected council members. Unlike other projects, validators and governance are kept separate, hence a user’s right to participate in governance is not delegated. NPoS replaces the inefficient Proof-of-Work design with Proof-of-Stake, improving efficiency and security. The SwapDEX system encourages decentralization; SDX holders can become validator candidates or nominators. Validators and nominators use their coins as collateral, and will be rewarded or penalized depending on performance.

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