Powered by Moonriver, Alphadex is innovating on all fronts — AMM, Incubator, Yield Farming & NFT Launchpad!
Source: Alphadex Medium
As the first parachains on Polkadot go live at the end of 2021, that will definitely accelerate the rate of growth for both Polkadot and Kusama networks. Alphadex is thus in a prime position to fill the gap on the Moonriver network. Moonriver is an EVM-compatible blockchain that operates as a parachain on the Kusama network. The network offers developers features including the ability to deploy Solidity smart contracts, Web3-compatible API, oracle data feeds, and Ethereum network bridges.
Alphadex’s vision is to develop an innovative cross-chain driver AMM protocol that utilizes the best-in-class parachain, featuring Polkadot’s interoperability in its desired state. They will launch on both Moonriver and Ethereum, ensuring that they cater to a large base of users. To start off, Alphadex will be a DEX that is fully integrated with Moonriver and Ethereum and all fees will be given to liquidity providers. There will also be Liquidity Pool Yield Farms with generous rewards. Not only that, Alphadex hopes to capture the growing market by offering an incubator and launchpad for Moonriver projects and also a NFT launchpad catering to the Moonriver market.
Source: Alphadex app
The good news is that we don’t have to wait too long to start using Alphadex. Alphadex has already deployed the AMM DEX and farms live on the Moonriver network with the desired state ultimately to being on the Moonbeam network on Polkadot. Alphadex has partnered with the finest tech to try and bring you the best AMM experience, based on the extensive market research that they have done.
According to their road map, Alphadex’s Token Generation Event for their $ROAR token is scheduled for December 2021, with the beta version of their farms and the NFT launchpad to be ready shortly after. We can expect their Savannah launchpad to go live in February 2022.
If you are interested in what Alphadex has to offer, you’ll be happy to know that $ROAR token holders will receive the best staking and farming rewards possible whilst also being first in line to invest in top tier projects that will launch via their Savannah launchpad.
We look forward to the amazing developments that the Alphadex team will bring, as they have over 25 years of crypto experience between the core team members. They are also a public team, which goes a long way in instilling confidence towards the project!