LBank Exchange, a global digital asset trading platform, will list Litedex (LDX) on March 23, 2022. For all users of LBank Exchange, the LDX/USDT trading pair will be officially available for trading at 4:00 PM (UTC+8) on March 23, 2022.
Decentralized Exchange (DEX) Protocol is a blockchain-based financial system designed to provide an open financial service that is transparent without intermediaries, permissions and available to anyone without a centralized authority. As a decentralized exchange protocol, Litedex (LDX) aims to adopt the world’s most popular blockchains, including BSC, ETH, HECO, Polygon, Tron, Polkadot and Solana, and provide products and services such as Swap, Staking, Farming, Analytics, Lending, Borrowing, NFT and Bridge. The native token LDX will be listed on the LBank Exchange on March 23, 2022 at 4:00 PM (UTC+8) to further expand its global reach and help realize its vision.
Introducing Litedex protocol
Litedex Protocol is the first decentralized exchange platform in Indonesia to carry the Meta Finance concept. Litedex Protocol with homepage http://litedex.io develops several projects favored by investors such as Staking, Farming, Swap, Pool, Lending, Borrowing, NFT Marketplace and Bridge features.
Litedex Protocol has the ambition to adopt multiple Blockchains such as BSC, Ethereum, Solana, Avax and several other globally popular Blockchains. This strategy is very important to activate the Bridge function as the main foundation in the Meta Finance concept.
As a Blockchain developer, Litedex Protocol is also developing LDX Token as a cryptocurrency with promising underlying projects and a large ecosystem. To increase investor confidence, Litedex Protocol is committed to auditing all its projects at CERTIK. Several projects that have passed the Certik audit phase with very satisfactory results are LDX Token.
Chief Executive Officer of Litedex Protocol, Andrew Suhalim, said: “The LDX token will shortly be listed on the Global Centralized Exchange at the end of the first quarter, one of them is LBank. In addition, the Staking feature will also be activated in the same quarter, before listing. This Listing Phase is performed after the LDX Token undergoes the Initial Litedex Offering (ILO) Phase.”
Litedex Protocol is the first platform actually developed by an IT engineer from Indonesia, without the involvement of third parties from other countries. This fact has ensured that the Litedex protocol is supported by Indonesia’s Deputy Trade Minister Jerry Sambuaga. On several occasions, Jerry reaffirmed his support for the Litedex protocol, which is expected to compete with other global decentralized exchanges. Not only that, with its projects, Litedex is expected to increase the credibility of IT engineers from Indonesia towards global investors.
Along with the presence of technology in the Metaverse era, Litedex Protocol positions itself as ‘The Bridge of Metaverse Wealth’. With this slogan, Litedex always innovates and adapts quickly to the rapid technological developments.
Andrew Suhalim added: “Litedex has a business model with two. B2C model, as our goal is to build an ATM and banks in the metaverse so that users can bridge their token from one blockchain to another blockchain in a seamless experience with no existing metaverse dimension.B2B is our 2nd business model where we would sell our Meta Finance backbone infrastructure and link it to their metaverse project.Therefore, their metacommunity can transact in their metaverse without struggling to generate liquidity on any blockchain and rebuild their multi- and cross-bridges.
Litedex Goals is creating a multi- and cross-blockchain in our platform. Litedex has now completed our first defi blockchain in Binance Smart Chain and Litedex is currently in the process of finalizing the token smart contract on Ethereum Blockchain.
Andrew said, “While we will have multiple Defi blockchain products in Litedex, it is very important for our holders to understand that our holder is not just investing in a decentralized exchange or a purely decentralized financial token project.”
Indeed, the LDX holder is investing in a Meta Finance Blockchain System Integrator as Litedex believes that once metaverse becomes a reality, Litedex’s project will help the metaverse user seamlessly bridge their token in the metaverse world.
About LDX Token
LDX token is a governance token built on the BSC blockchain network, created to build the DeFi ecosystem and grant rights to all LDX holders to also manage the platform through the voting mechanism, and to give the token holders additional benefits to offer
The initial token supply of LDX token is 500 million (i.e. 500,000,000), 18% of it will be provided for private sale, 12% will be provided for public sale, 10% will be used for research and development, 30% will be provided for partnership and ecosystem, 24% is allocated to the foundation, 2% is provided for the bug bounty program, another 2% is provided for smart contract insurance and the rest 2% is provided for community airdrop. In addition, LDX has a burning mechanism that keeps the token deflationary.
LDX will be listed on the LBank Exchange on March 23, 2022 at 4:00 PM (UTC+8). Investors interested in Litedex Protocol investments can easily buy and sell LDX on LBank Exchange by then. LDX’s listing on LBank Exchange will undoubtedly help it to further expand its business and attract more attention in the market.
More information about LDX token:
Official website: https://litedex.io
About LBank Exchange
Founded in 2015, LBank Exchange is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with secure crypto trading, specialized financial derivatives and professional wealth management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now over 210 regions around the world.
Start trading now: lbank.info
LBK Blockchain Co. Limited
Disclaimer: This is a paid post and should not be treated as news/advice.