Main navigation

Сardax Shares Mainnet Launch Date for DEX, Unveils COTI Partnership

Advertisement
Tue, 22/03/2022 - 11:45
Сardax Shares Mainnet Launch Date for DEX, Unveils COTI Partnership
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News
Advertisement

Over the past few weeks, Cardax, a new-gen crypto exchange ecosystem on Cardano, has inked an outstanding array of partnerships with top-tier crypto experts.

Namely, it collaborates with the team of Duncan Coutts of Well-Typed. Mr. Coutts is among the most influential figureheads of Cardano. In its development and marketing efforts, Cardax is also backed by Mlabs, the team of experts at Rust, Huskell and general issues of blockchain and AI development.

Besides that, Cardax entered into a long-term strategic partnership with Input Output, a software studio of Cardano’s inventor, Charles Hoskinson. 

Advertisement

These partnerships are set to amplify the Internal expertise of a Cardax team that onboarded first-class experts in all aspects of development on Cardano.

Cardax preparing for audit

Last but not least, Cardax inked a collaboration with leading fintech startup Tweag. Tweag creates Cardano-centric infrastructures for decentralized finance applications. 

Besides scoring interesting partnerships, Cardax started listing Cardano-based tokens. Blockademia is among the first projects to have its core utility assets listed by Cardax.

Related

As covered by U.Today previously, Cardax is a winner of the sixth round of Project Catalyst, the largest community-driven hackathon ever. It is supported by Cardano’s developers from Input Output and EMURGO. As such, the team is going to deploy its mainnet DEX in early Q2, 2022. 

Cardax in Q1, 2022: COTI Partnership, codebase audit and Project Catalyst

In recent weeks, the product team shared the details of some crucial milestones it is going to accomplish. First, on March 28, 2022, the team is going to order a third-party audit of Cardax’s codebase by Tweag, a leading cybersecurity vendor.

Then, Cardax unveiled its free Project Catalyst Course. It covers the basics of Project Catalyst, the largest DAO-governed incubator in crypto that supports Cardano-centric products. Attendees of the course will be instructed on how to submit a proposal and get funding for their projects.

Last but not least, it has entered into a partnership with COTI Network to integrate its flagship product - native algorithmically backed stablecoin Djed. 

The launch of the Cardax DEX is planned on May 16th 2022. 

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
AD