OAX vs 0x vs PancakeSwap
What problem does this service solve?
OAX wants to use a shared and distributed order book to add liquidity to their decentralized exchange. | 0x is designed to serve as a decentralized exchange for the Ethereum blockchain. The protocol uses Ethereum smart contacts that allow users to participate in a decentralized exchange, while adopting certain features of centralized exchanges. | PancakeSwap allows users to trade BEP-20 tokens and earn rewards by depositing funds to their liquidity pool. |
Token Stats
Company Description
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 | 0x is a decentralized exchange built on the Ethereum blockchain that allows for ERC20 tokens to be traded. 0x hopes to serve as a building block for creating decentralized exchanges. | PancakeSwap is a decentralized exchange built on the Binance blockchain. It allows users to stake their funds in return for the protocol’s tokens, and uses an automated market maker (AMM) model to enable users to trade BEP-20 tokens on the platform without an order book. PancakeSwap is similar to Uniswap and SushiSwap, and rewards users for depositing funds to the liquidity pool with PancakeSwap tokens that entitle holders to a portion of the trading fees generated on the platform. |