Meet Candydex, the New Multichain DEX Network Token

Meet Candydex, the New Multichain DEX Network Token



The crypto market has been dropping since March. However, amid all the bearish sentiments, some buyers at the moment are turning their eyes to the new digital token SweetDex (CANDYDEX ). And that’s comprehensible too contemplating that the group behind the mission is anticipating the CANDYDEX worth to leap greater than 1,000X in the future

SweetDex in a nutshell

140k+ Account holders in the span of 30 daysHave burnt 16% of the SweetDex Tokens as an preliminary move0.1 USD worth in IDO sale spherical I0.5 USD worth in IDO sale spherical II$1 worth in IDO sale spherical III

We can imagine that the SweetDex token might go on a run much like that of ApeCoin and GMT, the fashionable Defi-inspired cryptocurrency.

Is SweetDex the subsequent ApeCoin or GMT? Let’s have a look. They’ve all launched very not too long ago – one among them remains to be in its presale stage – and exhibits promising potential for the months and years to return.

Interestingly, every new development tends to provide a brand new wave of crypto millionaires, as the emergence of move-to-earn tokens, led by STEPN (GMT), has demonstrated most not too long ago.

Despite its newness, it’s already been rumored to start out one other development and revolutionize the Defi business with the experimental idea of Defi ‘candydex.’ 

STEPN (GMT) is a move-to-earn crypto and social-fi app on the Solana (SOL) community.

The platform describes itself as a “web3 lifestyle app” that rewards customers for sustaining a wholesome way of life by strolling, jogging, or working.

Although it’s nonetheless a comparatively new thought, move-to-earn is much like the P2E mannequin in that it contains Game-Fi, Social-Fi, and NFT parts.

Instead of rewarding customers for merely taking part in video games, move-to-earn initiatives compensate them for main higher life.

The assortment contains 4 completely different kinds of sneakers.

The worth of every pair of sneakers is set by their kind, rarity, and diploma. The move-to-earn mannequin, like many earlier crypto tendencies, is shortly gaining traction and should even outperform P2E.

As a end result, each the variety of customers on STEPN (GMT) and the demand for GMT has elevated dramatically.

Could SweetDex token (CANDYDEX) comply with in the footsteps of ApeCoin (APE) and, extra not too long ago, STEPN (GMT) in producing large income?

ApeCoin (APE)

ApeCoin (APE) is about to rejoice its one-month anniversary, having launched on March 17, 2022.

ApeCoin is the latest initiative inside the APE ecosystem, which originated by means of the ultra-popular Bored Ape Yacht Club (BAYC) NFT assortment.

BAYC is a Non-Fungible Token (NFT) assortment consisting of 10,000 algorithmically-generated profile footage that includes apes with various bodily and clothes attributes that point out completely different rarity ranges.

From rapping star Eminem to soccer participant Neymar Jr., many celebrities have been drawn to the BAYC assortment’s imagery and perks it contains and determined to purchase these NFTs for themselves.

In reality, proudly owning a Bored Ape – or Mutant Ape, another assortment issued by the similar entity – offers you entry to unique occasions held in prestigious places and internet hosting well-known personalities.

Therefore, following its market launch, APE shortly grew to become one among the most traded property in the 1,000 largest Ethereum (ETH) wallets and was amongst the Top 10 most-bought tokens.

Within its first week of buying and selling, APE carried out a stellar +1,200%!

What is SweetDex?

SweetDex is a DeFi platform for customers to swap tokens, borrow BNB, MATIC, AVAX, FTM, and ETH towards their favourite cryptocurrencies or enhance their publicity.

The platform permits decentralized finance (DeFi) customers to borrow, multiply their publicity to cryptocurrency and earn on their property.

The SweetDex mission is to supply the most safe, trusted entry level to deploy capital in Defi. The group consists of passionate thinkers and builders pushed to create a greater consumer expertise for all whereas with the ability to maximize returns. .

CANDYDEX aggregates a number of DEXs right into a single platform and permits merchants to trace the actions of hundreds of tokens and artificial property and forecast the market motion earlier than it strikes.

In doing so, CANDYDEX tackles the principal vulnerability of as we speak’s DEXs: important slippage, non-real-time info, and the lack of market indicators.

The nice and trustable function right here is the token contract was audited from “Tech Audit“, “Audit Whale” and others for finest in normal options.

There are extra audits from different trusted entities like “Haze Crypto”, “Celtic” (Pipeline), and “Hacken” that are in queue for ultimate stories.

What is SweetDex token?

CANDYDEX is a POLYGON-native token. The CANDYDEX token was launched on Etherscan,  Binance Smart Chain, Polygon, Avax, Fantom & USDT Chain (BSC).

The CANDYDEX token has been performing extraordinarily nicely in 2022, displaying an unbelievable worth spike all through the IDO sale.

The major operate of CANDYDEX is to incentivize liquidity provision to the CANDYDEX platform, CANDYDEX permits crypto-holders to take part in the governance of this finance protocol as they enter to discover the house of decentralized finance (DeFi).

CANDYDEX is a cryptocurrency. Unlike different decentralized exchanges, CANDYDEX tokens permit holders to purchase ETH, BNB, MATIC, AVAX, FTM & TRON-based crypto cash, which is termed a “swap”.

The motion is seen as a extra liquid means of exchanging massive quantities of crypto.

CANDYDEX IDO sale

CANDYDEX will maintain an Initial Dex Offering on twenty fifth April. The IDO will occur on CANDYDEX.

Round 1: April 25, 2022, worth: $0.1Round 2: Will be introduced after spherical 1, worth: $0.5Round 3: Will be introduced after spherical 2, worth : $1

After the presale rounds had been accomplished, the CandyDEx mission instantly mobilized its plans in keeping with schedule.

Specifically, the group launched the IDO, initiated one other token burn, developed an NFT Marketplace, created a local blockchain, and launched a shock airdrop with its new token. 

Also, SweetDex is planning to supply a staking portal, which can allow buyers to maximise their returns by using CANDYDEX by means of yield farming.

For the time being, the group has suggested buyers to remain tuned to SweetDex’s official Twitter and Telegram channels, the place the itemizing particulars shall be introduced.

This IDO is one among the most anticipated for April 2022. The CANDYDEX IDO launchpad is usually met with thrilling sentiments.

Here we are able to see:

Token Name: SweetDex (CANDYDEX)START PRICE: $0.1Supported Chains: BNB, ERC20, USDT(TRON), FTM, MATIC, AVAXTotal Supply: 500000000Burned: 80000000+Current Supply: 420000000

Bonus on IDO Sale Round-1

Following an oversubscribed and profitable pre-IDO sale happening, CANDYDEX has formally achieved its aim of 5.5 Million.

The sale shall be prolonged, as the market fluctuations are inflicting a delay of their IDO sale as agreed previous to the second spherical sale begin.

This ultimate closing time will happen at 4 p.m. EST on June 22, 2022. CANDYDEX affords a particular bonus for customers to take part of their IDO sale.

Here the present consumer will get a token bonus of 10% on May 17, 2022, and the new consumer will get 15% on their new token buy.

Here’s the place yow will discover out extra about SweetDex token:

Official Website | Telegram Announcements | Official Telegram | Twitter | Instagram | Medium | SweetDex Airdrop

Disclaimer

All the info contained on our web site is revealed in good religion and for normal info functions solely. Any motion the reader takes upon the info discovered on our web site is strictly at their very own danger.



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