Oxchange: A Decentralized-Gasless Exchange with Unique Tokenomics and Concentrated Liquidity

cartban
3 min readMay 14, 2023

--

Oxchange is a decentralized, gasless cryptocurrency exchange that has been gaining popularity among cryptocurrency traders due to its user-friendly interface, fast and efficient trading, and access to a wide range of ERC-20 tokens. By using a decentralized exchange like Oxchange, users can benefit from improved security and privacy, as they do not have to rely on a central authority to manage their digital assets.

Source: Oxchange

Oxchange is a decentralized-Gasless cryptocurrency exchange built on the Polygon network that offers users fast and efficient trading of digital assets. With its user-friendly interface, concentrated liquidity, and gasless trading, Oxchange is an excellent choice for those seeking to trade cryptocurrencies in a decentralized and efficient manner. Moreover, Oxchange stands out for its unique tokenomics model, which rewards both users and token holders. By holding OX tokens, users can access premium features such as exclusive trading pairs and reduced fees, while token holders receive a share of the platform’s revenue through a revenue-sharing program. Join Oxchange and experience the future of trading!

One of the unique features of Oxchange is that it gives back the gas fees used on the blockchain by providing users with OC tokens of equal value to the gas fees paid. This makes Oxchange a gasless platform, allowing users to trade cryptocurrencies without worrying about paying additional gas fees. This is especially important as gas fees can sometimes become a significant barrier for entry to traders, particularly those who are just starting in the world of cryptocurrency.

Oxchange has recently launched its upgraded v3 DEX, featuring new trading features such as concentrated liquidity, range orders, and multiple price ranges in a single pool, promising an improved trading experience for users. The platform has also launched a marketing campaign to showcase the benefits of using Oxchange for cryptocurrency trading, with an airdrop campaign for loyal users. Oxchange has been listed on several centralized exchanges to increase liquidity and trading volume.

Concentrated liquidity is one of the key features of the new version of Oxchange. It serves as a mechanism to let the market decide what a sensible distribution of liquidity is, as rational LPs (liquidity providers) are incentivized to concentrate their liquidity while ensuring that their liquidity remains active. The concentrated liquidity allows the liquidity providers to provide assets (liquidity) at a price range (interval), which is an excellent source of revenue for liquidity providers while increasing the capital efficiency of decentralized exchanges.

Another important aspect of Oxchange is its innovative tokenomics model that benefits both users and token holders. By holding OX tokens, users can access premium features such as exclusive trading pairs and reduced fees. Additionally, OX token holders receive a share of the platform’s revenue through its innovative revenue sharing program.

Source: Oxchange

Overall, Oxchange is an exciting development in the world of cryptocurrency trading. Its decentralized, gasless model offers improved security and privacy, while the upgraded v3 DEX with concentrated liquidity and innovative tokenomics make it a great option for traders looking for a more user-friendly and efficient way to trade digital assets. With plans to launch a decentralized loan platform and NFT marketplace in the future, and the integration of zkproof blockchain technology to ensure secure and private user transactions, Oxchange is definitely a platform to watch in the coming months and years.

Author info
Proof of Authentication Post: https://bitcointalk.org/index.php?topic=5444981.msg62080450#msg62080450
Bitcointalk Username: ijeb
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1668500
BSC Address: 0x8d5CA2fFf61cF1Deb5f67b1bB2760bEea981325f

--

--