Energy Efficient Defi Platform.
Founded in Oct 2021 by cryptostan and cryptobigboy.
Ray Dex was born out of the desire to create a truly unique trading and lending platform to support PulseChain ecosystem whilst serving global audience of decentralized finance community.
Ray Dex aims is to be the one-stop shop Defi hub on Pulsechain. Our ambition is to serve the PulseChain and Hex community at the frontiers of DeFi by innovating, building fast and most importantly, building securely. The ultimate goal is to build a decentralized trading platform that provides users with a one-stop shop DeFi experience. In our platform user's can exchanging value between each other without any counter party risk and with no need for trusted intermediaries. At Ray Dex user's will be able to Swap, Stake, Farm, Lend, Vote and Borrow cryptocurrency assets. Users of the Platform will have the ability to immerse themselves into a fully integrated, world class, highly accessible DeFi platform.
Decentralized exchanges enable users to exchange digital value over a peer-to-peer (P2P) network. Low gas fee on PulseChain will allow users to transact cheaply at a fraction of pennies. Most DEXs typically access its liquidity within its own platform, which can also be costly and inefficient. Ray Dex was designed to address these inefficiencies by integrating with Pulse X by using a liquidity aggregator (Pulse X is a separate entity on the PulseChain blockchain). The PulseChain blockchain platform was constructed to prioritize high transaction throughput and low fees. Ray Dex seeks to capitalize on these advantages by offering innovative DeFi platform. The Ray Dex is designed to offer increased liquidity, accessible yield farming, and nearly instantaneous token swaps. Ray Dex also provides a market that allows liquidity providers (LPs) to stake their tokens in exchange for tokenized rewards thereby creating for passive income for liquidity providers. Ray Dex ecosystem is deflationary in nature through its tax and burn system to reduce the supply and also with the emission rate.
- 1.Community driven
- 2.Advanced, innovative and unique Platform
- 3.Defi for everyone
- 4.Safety first
- 5.We believe in freedom of movement and assembly are important human rights!
- 1.Provide world class trading Dex and lending protocol
- 2.Your one stop shop Defi Hub
- 3.Build with user and safety in-mind
- 4.Be agile and build with speed and delivery
- 5.Innovate and support the community Hex and PulseChain
PulseChain blockchain network also allows for the ability to not waste all the electrical power wasted mining for PoW validations. Not only will your Dex and Defi be more democratic and feature lower cost and higher speed, but it will also have the claim to be sustainable and environmentally friendly.
"By replacing proof of work miners with proof of stake validators PulseChain doesn’t burn “waste” any energy making it environmentally friendly" - pulsechain.com.