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PandaSwap: A DEX Field-Leading Project to be Launched on OKExChain

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PandaSwap: DEX Field-Leading Project in the Chinese traditional format built on OKExChain, enables users to enjoy the freedom of fully decentralized finance (DeFi). Despite the latest drop into a bear market, the crypto sector continues to grow and encourages creativity regularly. OKExChain has started a three-phase Ethereum Virtual Machine (EVM) ecological development for their main net launch to fuel creativity.

PandaSwap, A DEX Field-Leading Project 

PandaSwap is a DEX field-leading project in the Chinese traditional format. Tokenomics that are 100% green and deflationary mean that the value increases over time.

Scams and rug-pull projects are common in the crypto market, especially on the Binance Smart Chain (BSC), leaving investors with lost liquidity or worse. OKExChain staggers the risks and allows real creativity to nourish first by using a three-phase EVM start.

Fundamentals Of OKExChain Public Beta Event

OKExChain, which hosted the public beta event in February, selected PandaSwap as one of 20 projects to join the phase 2 EVM ecological construction. 

The EVM ecological construction process is divided into three stages. At first, only the most well-known projects are invited.

Phase 1: The event’s first phase began on May 10th, 2021, and ended on May 20th, 2021. During this point, projects such as Chainlink and SushiSwap are invited to participate in the OKExChain EVM mainnet launch. SushiSwap has already been deployed on OKExChain at this time.

Phase 2: The second process, which started on May 21st, 2021, enables certain goods to be deployed into OKExChain. Phase 2 requires the chain node to vote on which programs to be deployed in the future. This allows projects to collaborate and decide which are safe to maintain and which are not. This further means that scams and rug-pull projects are excluded from the chain or stopped from accessing it.

Phase 3: The third and final step enables each project to be deployed on the chain. At this time, the ambitious and future-oriented ventures have also been determined to ensure the chain’s continued health. Scams and rug projects may emerge in phase 3, but they are made more apparent in contrast to more developed (and voted for) projects. OKExChain protects the chain’s health by step 3 by using this three-phase EVM ecological construction, and it builds on creativity before manipulation can occur.

OKExChain is a modern chain proposed by the CEX giant OKEx, and PandaSwap has a strong chance of launching as the leading DEX project on this chain.

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#DEX #OKExchain #PandaSwap #Project launch

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Source: https://www.cryptoknowmics.com/news/pandaswap-a-dex-field-leading-project-to-be-launched-on-okexchain

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