ICECREAMSWAP EXPANSION (Building on XoDex Blockchain)

Official IcecreamSwap🍦 medium
5 min readJun 17, 2023

--

We are thrilled to announce that IceCreamSwap Dex has partnered with and expanded to XoDex blockchain, the first ever ZERO-gas fee blockchain. This partnership implies that IceCreamSwap will be offering its unique services to users on XoDex chain.

NB: We will be their main DeFi provider. This is in line with our goal of becoming the one-stop DeFi ecosystem on all chains.

About IceCreamSwap Dex:

IceCreamSwap Dex is a highly secured multichain decentralized exchange (Dex) that offers; swap, staking, farming, bridge, launchpad, analytical services, and more on 6 different chains (Bitgert chain, XoDex, Fuse Network, Binance smart chain, Dogechain, and Doken chain ).

$ICE is the Governance token of the IceCreamSwap Dex with, it has a total supply of 10 million across all chains., The $ICE token is currently tradable on the Dex. Users can earn $ICE by staking and adding liquidity to any token of their choice, and also by taking part in the community activities. The $ICE token being our governance token grows with our project and lets users financially participate in our expansions.

About XoDex blockchain:

XoDex blockchain is the first blockchain that has successfully implemented the ZERO -gas fee. XoDex offers high transaction throughput, with a remarkable TPS of up to 100K. The blockchain is built for fast transactions and high scalability.

XoDex uses its newly implemented consensus model “The proof of competence” the first of it’s kind, an algorithm. that combines both Proof of stake (POS) and Proof of authority (POA) to achieve streamlined, scalable, and environment-friendly transaction processing power.

XoDex is EVM-compatible allowing for the integration of DeFi protocols (e.g IceCreamSwap Dex), NFT projects, dApps, GameFi and the Metaverse.

XoDex Governance system:

The governance token of the XoDex blockchain is the $XODEX, with a total supply of 10 billion that will be used for the DAO system.

NB: IceCreamSwap Dex recently launched a $XODEX staking pool to enable users to earn by merely holding the $XODEX token while securing the XoDex chain.

What to expect from IceCreamSwap Dex on XoDex chain

IceCreamSwap Dex, is a multichain decentralized exchange that offers services on more than 5 different blockchains. Our expansion to XoDex means that we will be offering the following services to XoDex users:

- Swift Trading with the Best Output:

The swap interface of the IceCreamSwap Dex is designed to be simple, fast and user-friendly. The smart aggregator/router on the Dex enables users more while trading/swapping by splitting tokens across different routes with better liquidity thereby limiting the drastic effect of price impact.

- Multi-Chain Bridge:

Fund security has always been the hallmark of. IceCreamSwap. Our Dex is built to be impervious to any form of attacks. Each line of code was scrutinized and carefully analyzed to prevent any form of vulnerability. We have already been providing support on more than 6 different. chains (i.e Bitgert chain, BSC, Fuse Network, Dogechain, Doken chain, Core chain). Users/projects on XoDex can bridge across these different chains supported on our Dex.

- Incentivized Farming (APY%):

IceCreamSwap Dex will also offer farming services to both users/projects on XoDex. Users on XoDex can earn passive income just by providing liquidity to any token of their choice. The farming period is not time-locked, and the rewards can be harvested anytime directly to the user’s wallet address.

NB: The farm is not time-locked so users can supply or remove liquidity anytime they want.

- Incentivized Staking:

We. also offer staking services for both users/projects on XoDex. This is very important as it helps stabilize token prices and also ensure that holders are rewarded.

- Token Locker:

We will also be offering token locker services to projects on XoDex. Projects that wish to strengthen their community trust can undergo KYC and then lock some percentage of their tokens on our token locker for a specified period of time. This will help stabilize the token price by reducing the number of tokens in circulation.

- KYC Protocol:

In other to mitigate scam on XoDex chain, we will also be offering KYC-verification services. This is paramount for new project launching on XoDex as this will help boost community trust.

NB: The KYC-protocol is a verification system invented by IceCreamSwap Dex to serve as a vetting system for projects thus ensuring fund security and reducing the occurrence of scam on chain.

- IceCreamSwap Launchpad (IcePad:

The ICEPAD will serve as a fundraising startup for projects on XoDex. The ICEPAD will give early investors on XoDex the opportunity to invest in new projects at low price (presale price).

- IceCreamSwap Info/Analytics Page:

We also offer analytic services (Info Page), where users on XoDex can check for different pools on the chain, also token details such as current price, liquidity, trading volume, transaction history and much more can also be tracked using the IceCreamSwap analytical page.

- Airdrop Bot:

Projects on XoDex that wishes to Airdrop tokens. to their community member can do so by using “ IceCreamSwap Bulk instant Airdrop Bot”

In summary, XoDex blockchain is the first blockchain that has successfully implemented the ZERO. gas fee. IceCreamSwap Dex’s expansion to XoDex chain is in line with our goal of becoming the number one Defi across all chains. It will also create more windows of opportunity to users of both communities.

Useful links:

Website: https://IceCreamSwap.com/

Telegram: https://t.me/IceCreamSwap_com

Twitter: https://twitter.com/icecream_swap

Discord: https://discord.com/invite/dVZm67rt4S

official medium: https://icecream-swap.medium.com/

XoDex website: https://www.xo-dex.com

XoDex socials: https://twitter.com/XODEXnetwork, https://t.me/xodexofficialtg

--

--

No responses yet