Cardano Working On a DEX | Cardax by joetunex

hive-167922 · @joetunex · Apr 23 '21

$12.74

Cardano Working On a DEX | Cardax

![image.png](https://files.peakd.com/file/peakd-hive/joetunex/23tRxjEoFu9CvxWmx6q7RqwgcmLUN7rWcgM6oR28KWaaNdwooRsQZn6JJqR9jczWj4pSg.png)
[Source](https://engine.presearch.org/images?q=cardano&page=2)

Cardano is working on projects that are of interest to me of late and have made me develop interest in its development, one of the upcoming projects being a DEX called Cardax 

> Cardano, a blockchain ecosystem founded by Charles Hoskinson, plans on developing its first decentralized exchange dubbed Cardax. The blockchain ecosystem enables parties to leverage their smart contract capabilities to develop decentralized applications, digital tokens, and much more. 
[Source](https://thedailychain.com/cardax-cardanos-upcoming-decentralized-exchange/)

A dex on Cardano sounds good, from what I gathered from the article it looks similar to the DEX we have on Hive, **Hive Engine** having more of such options available across various blockchains only strengthens the cryptosphere as well as being presented with options.

> The DEX ecosystem will introduce features such as hosting any native token on Cardano, utilize the Extended Automated Market Maker(EAMM), distributing fee rewards accumulated from the DEX to liquidity providers...
[Source](https://thedailychain.com/cardax-cardanos-upcoming-decentralized-exchange/)

Providing liquidity with one's tokens and earn returns on them is going to be a means of generating passive income in the crypto world going forward, more reason why I feel DeFi is here to stay and can only get better. 

There is a great financial opportunity happening right before us, it doesn't take much to recognize them, one just need the funds to get on the right project(s) and exercise long term patient for future success. 



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*Gif by @mariosfame*


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*Image by @doze*

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👍 leo.voter, josediccus, toofasteddie, monica-ene, snoochieboochies, practicaleric, leofinance, yefet, roleerob, hesoyam, gloriaolar, pixiepost, olumzy, steemitboard, liotes.voter, gadrian, dante31, achim03, engrsayful, ph1102, uwelang, babytarazkp, hashkings, megavest, cielitorojo, onestop, thatsweeneyguy, apoloo1, ripazha, bahagia-arbi, athomewithcraig, jumpjet, thranax, seckorama, motherlode, leo.tokens, travelwritemoney, cryptololo, eddie-earner, flyingbolt, localgrower, javb, penned-bullshit, beehivetrader, asnaeb, gallerani, uzumymw, curamax.pob, tiffin, tonimontana.leo, mk-leo-token, superultra, liotes.leo, leoneil.leo, tonimontana.neo, ph1102.leo

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properties (23)vote details (56)

voter	rshares	pct
yefet	24,311,281,734	100%
uwelang	3,595,777,312	0.6%
seckorama	1,051,845,860	1%
steemitboard	11,143,878,955	3%
thatsweeneyguy	1,889,026,063	6%
practicaleric	38,052,406,594	100%
apoloo1	1,500,684,086	5%
toofasteddie	139,777,390,409	30%
dante31	5,732,990,706	6%
bahagia-arbi	1,357,085,380	12%
roleerob	19,358,662,927	6%
josediccus	172,520,769,538	23%
gadrian	9,732,320,426	6%
achim03	5,657,843,582	1.8%
olumzy	13,405,140,890	3.6%
gallerani	665,637,909	12%
pixiepost	13,611,403,312	10%
superultra	133,248,525	100%
flyingbolt	812,078,961	12%
hashkings	2,589,853,347	1.8%
engrsayful	4,306,271,060	8.4%
megavest	2,564,165,403	12%
ph1102	3,672,331,407	1.4%
travelwritemoney	907,134,294	12%
tiffin	598,879,043	12%
leo.voter	12,276,141,796,428	12%
athomewithcraig	1,328,337,783	6%
babytarazkp	3,009,193,900	40%
thranax	1,242,946,648	2%
mk-leo-token	185,761,198	100%
ph1102.leo	0	2.8%
tonimontana.leo	237,575,975	12.1%
tonimontana.neo	0	0.82%
javb	795,953,914	7.8%
snoochieboochies	54,713,217,104	6%
gloriaolar	15,396,553,050	10.35%
onestop	2,094,386,047	6%
monica-ene	62,904,760,166	50%
leofinance	25,576,396,248	12%
hesoyam	18,576,833,733	100%
asnaeb	666,930,124	100%
penned-bullshit	781,694,396	100%
localgrower	810,237,938	1%
beehivetrader	681,823,452	6%
leoneil.leo	15,851,913	12%
eddie-earner	873,826,531	6%
ripazha	1,376,297,346	100%
jumpjet	1,295,955,393	100%
leo.tokens	1,009,868,928	12%
cielitorojo	2,328,879,875	6%
uzumymw	658,908,044	100%
liotes.leo	53,347,350	14%
cryptololo	882,166,830	10.8%
liotes.voter	11,138,941,760	2%
motherlode	1,015,433,100	100%
curamax.pob	601,546,324	100%