Konichiwa noble Samurais, today is a very special day for Defi Traders/lovers. As you may know, the Kattana terminal aims to facilitate the life of crypto traders in general and Defi traders in particular, that is why we are working on new ways to partner with not only new decentralized exchanges but also new and progressive chains like HECO chain.
Today is a special one because we have reached an agreement with MDEX, the decentralized exchange on HECO chain to allow future Kattana traders to trade on MDEX via the terminal with improved charts and tools that will facilitate the day to day trading routine.
What is HECO?
HECO is a decentralized and cost-efficient public chain that Ethereum developers can easily get started with and smart contracts are seamlessly compatible.
What is MDEX and why will it be added to Kattana?
MDEX (MDX) is the decentralized exchange (DEX) platform based on Heco, the Huobi exchange blockchain. It is strategically positioned as the optimal choice for eco-token transactions and the largest DeFi ecosystem with trio features, DEX, IMO, and DAO integration. It also allows a dual mining mechanism of liquidity and transactions for users. Besides, MDEX ensures a secured transaction and guaranteed liquidity process. It aims to create cross-chain compatibility between leading chains to create a composite DEX ecosystem.
Key MDEX features:
- Cheap and fast transactions. The Mdex protocol offers fast transactions and low fees, compared to Ethereum (ETH), to integrate the “Binance smart” chain or compatibility with smart contractors. With the 2.0 version, Mdex has improved platform features. Thus, it provides users with a faster, more secured, and user-friendly platform in a liquid trading system at low or zero cost.
- Decentralized Autonomous Organization (DAO). Mdex runs a DAO structure and uses its native token MDX to achieve governance. MDX holders can propose to initiate a token listing by voting or collateralizing. It is a DAO system with transparent rules that its members control. Participation is all-inclusive on the platform.
- MDEX platform offers several incentive mechanisms such as LP pools, listings, and pairs. Mdex official Medium handle will keep participants updated on new pools, revised rewards mechanisms, and the latest information about the platform.
- Trading Mining. One of the coolest features of MDEX is its unique Trading Mining option. This new trading protocol rewards users for every trade they make. These rewards help drive more trading activity on the DEX, which results in deeper liquidity and more trading options.
Kattana is a cutting-edge trading terminal that allows traders to access cutting-edge DeFi and DeFi tools. In addition, our platform introduces professional tools and charts into the DeFi space, giving users of our platform an advantage during trading and allowing them to unleash their full potential. Kattana allows traders to trade in over 40 decentralized exchanges bringing in features such as high-quality charts that could completely revolutionize DeFi.
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