Blocknet

by Blocknet

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OAX

by OAX Foundation

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SushiSwap

by SushiSwap

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Blocknet

by Blocknet

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OAX

by OAX Foundation

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SushiSwap

by SushiSwap

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What problem does this service solve?

Blocknet's protocol connects different blockchains and enables transactions of value through their decentralized exchange.OAX wants to use a shared and distributed order book to add liquidity to their decentralized exchange.SushiSwap is an automated market maker based exchange that provides users with a larger governance role.

Token Stats

Company Description

Blocknet is a cross-chain protocol for inter-chain transactions and a decentralized exchange. It is primarily focused on connecting blockchain networks, but is also developing a decentralized exchange to enable trade digital assets across separate blockchains. It is meant to connect the growing number of blockchain projects and make them inter-operable. Blocknet uses a Proof-of-Stake (PoS) consensus mechanism that has three different types of nodes to verify transactions. The network is powered by the BLOCK coin.

OAX is developing a decentralized exchange that will address some of the privacy and security risks of centralized exchanges. Their platform will have a shared and decentralized order book, and will include the following features: a mechanism for credit risk assessment, structured dispute resolution, and a collateralized deposit system. OAX will apply the 0x protocol to improve liquidity for assets on the platform. Orders will be broadcasted publicly, and will be viewed by all potential takers. ddecentralized exchange model

SushiSwap is a decentralized exchange protocol that emerged as a fork of UniSwap. The main difference being the SUSHI token which acts as a governance token and entitles holders to a percentage of the trading fees charged on the network. Both UniSwap and SushiSwap, use an automated market making (AMM) model, where liquidity providers add funds to liquidity pools. Unlike centralized, order book exchanges, token pairs are priced according to an equation in which multiplying the prices of the 2 tokens will always equal a constant.

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