- What is the Project About Gridex Protocol is a permissionless and noncustodial trading protocol consisting of persistent,nonupgradable smart contracts on the Ethereum blockchain. - Unlike the current mainstream decentralised exchanges DEXs based on the automated market maker AMM model,Gridex is based on order books.What makes your project uniqueGMOB model: the solution to pain points of using an onchain order bookImplementing an order book on the blockchain is difficult due to the performance limitations of public chains and high gas fees for transactions. - The algorithm of a matching engine needs to use lots of resources onchain,making it challenging to replicate the order book model.Gridex Protocol resolves the issue of high gas costs for running an order bookbased system on Ethereum by introducing the Grid Maker Order Book GMOB model,which uses narrow price ranges instead of specific prices for maker orders and awards negative trading fees for providing liquidity. - This reduces resource consumption and lowers gas costs to levels similar to those of AMMs.History of your Project: Q4 2022: Gridex released its whitepaper Q1 2023; Gridex Sponsored the European Blockchain Convention event held on Feb 1517,2023. - Q1 2023: Gridex has been audited by Certik.What is Next for your Project: Deploy Gridex on Ethereum Mainnet,Arbitrum,Polygon and OptmismMarketing activities List tokens on exchangesWhat can your token be used forAirdrop 7%Maker Rewards 27%PoS Rewards 36%Core Contributors 12%Development 8%Marketing 5%Early Investors 5%.
Summary of the coin Gridex
highest price statistics: 1.94 $USD
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