MonoX is a multi-layer, multi-chain DEX that solves the capital inefficiencies created by liquidity pairs, using a single token pool model.
We use single-sided liquidity by creating a virtual pair with vCASH index tokens. This new protocol design results in lower trading fees, lower capital requirements to deposit for Liquidity Providers, less siloed capital, etc. Projects can also launch their tokens with zero capital required.
It also creates opportunities for additional DeFi products/services such as lending and derivatives markets, as well as offering the most capital-efficient way to trade ‘Value Backed Tokens’ - VBTs, such as NFT shards, synthetics, gaming tokens, and insurance tokens.
At TGE our key features will be:
Trustless Listing Pools
Token distribution and lock-in:
Q4 2021 Mainnet Launch - Monoswap and vCASH launch on Ethereum mainnet + Polygon with full swap and liquidity features.
Q1 2022 Derivatives, more ecosystems supported and cross-chain swap
Q2 2022 Lending and more derivatives
Q3 2022 Release IDO and launchpad product
Q4 2022 Orderbook trading
Co-founders in the crypto space since late 2016. The CEO, founder, and tech lead have worked together on blockchain side projects since 2016 while working full time as CTO for various start-ups in the AI and E-commerce space and in Venture Capital. The other co-founder is a two-time start-up co-founder, worked previously at ConsenSys, and possesses expertise in business management, growth marketing, and token launches, in addition to his experience working in Venture Capital.
Together, they have scaled the team to 20 people, with 17 developers across three cross-functional scrum teams, and three people on the business development/growth team.
Blockchain Explorers: 0x2920f7d6134f4669343e70122cA9b8f19Ef8fa5D
Content on this page was provided by the MonoX Finance team.
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.
Find us on
HTX reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Remindertext here.