Acardex announces the successful Beta release of acardex staking platform on cardano testnet. A big thanks to our community for their continued support and patience as we worked to push this across the finish line.
Acardex is utilizing Cardano’s ecosystem which allows ADA holders to stake their tokens and be rewarded with Cardano every 5 days. Acardex labs have utilized this method to develop a novel mechanism where users can earn acx tokens without spending their ADA.
Acardex ISPO is on a mission to encourage investors to stake their Cardano tokens and earn $ACX tokens as rewards while also helping to decentralize the Cardano network.
Acardex Staking Platform
Acardex is a Cardano (ADA) project with a clear purpose, which is to develop a community driven decentralized exchange, launchpad and staking platform. Users who stake and hold Acx tokens will be eligible to vote for their favorite projects. The more ACX tokens a user holds, the more weight their vote carries. Acx token, the utility token of acardex will be used across the acardex ecosystem. Acardex is poised to list on a Tier one exchange in the coming days as soon the token pre sale is finalized.
ACX Token Use Cases
WHEN LAUNCHED, $ACX token holders can utilize the staking platform to up to 25% additional return on staked assets.
The amount of $ACX allocated determines the size of the stake, with providing and rewards are paid out after each cycle.
* Liquidity Mining Program
When holding $ACX, you can choose to provide liquidity to projects on the DEX and receive a percentage of the liquidity fees. A solution much like staking.
* Paying For Platform Fees
* Staking & Yield Farming
How To Stake To Acardex (ACXP) ISPO Pool?
Using Daedalus or Yoroi wallets allows ADA holders to delegate their asset to a stake pool in exchange for staking rewards.
Users simply need to delegate to Acardex stake pools
In return, they will be rewarded with $Acx tokens based on the amount of ADA staked and the duration of staking.
ACX token is the utility token that is central to the Acardex Ecosystem. Acardex team has announced acx token pre sale
Investors who would like to acquire some ACX tokens can do so using the Pre Sale Link => https://sale.acardex.io
Acardex is on a mission to develop an all-in-one Defi Ecosystem on the Cardano Ecosystem which will include a Launchpad, a decentralised exchange (DEX) and a Permissionless Staking vault where you can Earn Acxtokens without them ever leaving your wallet.
Purchase ACX Token: https://sale.acardex.io
Read more Bitcoin News on article source: Acardex Begins ACX Token Pre Sale To Early Buyers, As Staking Platform Goes live on Cardano!