IDEX to Hold AMA on X on July 11th
IDEX will host an AMA on X on July 11th at 17:00 UTC. The event will feature Deltaxbt and Warobusiness who will be sharing insights to help participants navigate the current market conditions.
Refer to the official tweet by IDEX:
IDEX 🐐@idexioJul 05, 2024📣 Spill The Alpha #28: July 11th @ 17:00 UTC 📣
Market has you down? Join @Deltaxbt & @warobusiness as they deploy more alpha to get you anons ready to get back in the field.
Link in the tweet below 👇 pic.twitter.com/sqCgkWB9hg
IDEX Info
DEX is a hybrid decentralized exchange that combines elements of an order book and an automated market maker (AMM).
IDEX's strategic integration of an off-chain trading engine with on-chain trade settlement showcases a unique approach to decentralized exchanges. Users stand to gain from this model as it effectively eliminates instances of failed trades and unnecessary expenditure on gas fees, optimizing the overall trading process. Additionally, the implementation of immediate trade execution negates the possibility of front-running or sandwich attacks, allowing users to engage in successive trades without the need to wait for prior trades to settle.
The IDEX token is utilized to incentivize user participation in the system and provides opportunities for staking rewards. Token holders also have the privilege to participate in the decision-making process within the IDEX ecosystem.