The Cardano ecosystem continues to grow by leaps and bounds since the network received an upgrade to support smart contracts. Various projects aim to launch a decentralized exchange on this network. Do.Exchange, or DOEX, serves as an Automated Market Maker DEX trading terminal, and a sneak peek is now available.
The Ongoing Growth Of Cardano
There are many ways for developers to tackle the concept of building a decentralized exchange. Every blockchain network is slightly different and provides different opportunities. Cardano may become the next blockchain to watch in the DEX space, as it has been a prominent year for both developing and ADA price movement. The introduction of smart contracts to Cardano lets developers build decentralized exchanges and other applications and benefit from Cardano's increased efficiency.
On the price front, Cardano has performed rather well throughout 2021. A near 800% ADA price increase confirms interest in this ecosystem has increased and continues to grow as time progresses. With developers now showing a strong interest in building decentralized exchanges on this ecosystem, there are multiple reasons to be excited over what the future may hold.
DOEX Makes A Solid Bid
As the race is still on to bring the first decentralized exchange to the Cardano ecosystem, developers have to push the boundaries of innovation. The team at Do.Exchange, or DOEX, continues to put the final touches on Automated Market Maker (AMM) DEX trading terminal. An important foundation has been put together with a professional-looking user interface and numerous tools to benefit crypto traders and enthusiasts.
On the DOEX dashboard, users will find various unique panels offering helpful information. Moreover, all DOEX users can enable platform-specific functionalities or display query-specific analytics. Traders need to gain a complete overview of the markets and opportunities at their disposal. The approach by DOEX caters to both novice and advanced users, as users can customize everything to one's heart's content.
The price charts on the left-hand side of the screen provide a crucial illustration of the current market conditions. Cryptocurrencies are volatile by default, and keeping visual track of previous and current changes can make the difference between profit and loss. Moreover, the charts help identify brief market gaps in real-time, a feature that is essential in the current crypto trading landscape. All of this is complemented by Nami wallet integration for a smooth and stress-free experience.
All of the above illustrates the prominent position DOEX is in already. While this is only a preview, it is evident the team knows what users expect from a professional decentralized exchange and how users will attempt to customize their experiences accordingly. In addition, the team will explore additional features, including Staking and a more robust set of analytics. Moreover, further functionalities are kept under close wraps, although more details will become available in the coming weeks.
DOEX Public Sale On ExMarkets
Like other projects in the crypto and blockchain space, DOEX is organizing a public sale for its native token. That public sale just began on the ExMarkets Launchpad on December 13, 12:00 pm (GMT+2) and will run until December 27, 12:00 pm (GMT+2). The team has noted substantial early investor interest, which means the hard cap of $2.52 million may be reached before December 27 comes around. The details are as follows:
- Ticker: DOEX
- Price: $0.15 USD
- KYC: No
- IEO Start date: 2021-12-13 12:00 (GMT+2)
- IEO End date: 2021-12-27 12:00 (GMT+2)
- Total tokensupply: 140,000,000
- Availableforsale: 16,800,000
- Hard cap: $2,520,000 USD
- Payment options: USDT ERC20, ADA, ETH, BTC, USDC
Users who have questions can redirect them to the ExMarkets Telegram Group, and finding out more about DOEX is possible by visiting the project's website and watching their Twitter, Telegram, and Discord channels.