Balancer

by Balancer Labs

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DEW

by DEW

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Newdex

by Newdex

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Balancer

by Balancer Labs

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DEW

by DEW

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Newdex

by Newdex

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What problem does this service solve?

Balancer is designed to maximize liquidity within a decentralized exchange.DEW allows users to transparently trade a variety of assets without an intermediary.Newdex hopes to allow users to trade a variety of cryptocurrencies, with faster transaction times.

Token Stats

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Company Description

The Balancer cryptocurrency is the reward token that fuels the Balancer market maker protocol. The Balancer protocol serves as a liquidity provider and a non-custodial portfolio manager. Unlike other automatic market maker protocols, such as Uniswap, Balancer is designed to provide a general solution that can be customized for a variety of trading pools with different distributions. It uses smart order routing to send trades to trading pools with the best rates available, and rewards traders by paying them a fee for increasing the liquidity of these pools.

DEW is a decentralized exchange that allows users to trade blockchain-based assets as well as stocks, futures, and other securities. Asset transfers are executed according to rules established in smart contracts, and a chain-based clearing mechanism ensures transparency. The DEW network, and exchange, is powered by the Ethereum-based DEW token.

Newdex is the first EOS based decentralized exchange. It's built on the EOS main chain and uses an off-chain matching mechanism to pair buyers and sellers. Newdex was hacked in September 2018, and lost around $58,000 worth of cryptocurrencies. Trading fees are 0.1%.

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