Demodyfi Ico Review: The Cross-Chain AMM Dex Built On Moonbeam.

Demodyfi Ico Review: The Cross-Chain AMM Dex Built On Moonbeam.

About Demodyfi Ico

Demodyfi is a decentralized finance platform with a vision to bring financial stability, liquidity and accessibility to the mainstream. Due to Polkadot, the protocol has the capability to go beyond the limits of current Ethereum DEX’s with the opportunity to add tokens from the Polkadot ecosystem as well as from other blockchains to the exchange. As a result, they are able to build a next gen DEX that extend its DeFi product line to a one-stop cross-chain money market.

Demodyfi Ico want to share the passion and built value by enhancing and innovating monetary products in a decentralized way using blockchain. They also conclude that economies should be decentralized, yet rational and that doing so would create a social impact. Furthermore, they share Moonbeam & Polkadot’s values of technological agnosticism, interoperability, and cross-chain collaboration. The aims to become a key building block supporting the new, user-centric, crisis-resilient financial ecosystem.”

Demodyfi Ico Key Information

KeyPoints
Token NameDemodyfi ico
Short NameDMOD
Ico Price1 DMOD = 1.5 USD
Soft Cap1 000 000 USD
Available For Sale4,600,000 DMOD (23%)
Personal CapN/A
Total Supply20,000,000 DMOD
AcceptETH
PlatformBlockchain
LanguageEnglish
Support24/7
Token typeUtility, Polkadot
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

Cryptonite for Centralized exchanges

Demodyfi first AMM for Moonbeam which attracts liquidity from Parachains (Multi cross-chain), using Polkadot’s advanced substrate technology.

Asset-Brige Interoperabili

The asset cross-chain bridge gateway serves as a bridge connecting the multi-currency asset market and the Polkadot DeFi market

Features

Flash swaps

Swap between assets on different chains with ERC-20 or ERC-721 natively. A set of handler contracts are pre-configured to handle both token standards.

Multi-Asset Liquidity Pools

Demodyfi Ico goal is to establish a ​decentralized staking pool where users would lock their $DOT / $GLMR to gain staking yield while receiving a receipt that is liquid and tradable​.

NFT & Flashloans

Demodyfi take out a flash loan on one of the pools and use any of the NFTs locked in the platform. Anyone with an NFT can create a new pool or add his NFT to an existing pool and get ERC20 Token derivatives of their NFTs in a permission-less way.

Deploy Your Token

Got your token ready? List it on the Demodyfi protocol while profiting on the next gen AMM.

Your NFT Token

Create, deploy, Mine or enter the open NFT Marketplace

Ecosystem

Automated Market Making

Demodyfi By developing the protocol they can solve the issue for liquidity and implement dynamic automated market making and mitigate  impermanent loss issues.

Parachain Interoperability

User transfers are generated by the gateway and sent to the Demodyfi platform. This is done by implementing the Smart contract interoperability from Moonbeam.

Unified Account Experience

Demodyfi Ico with Unified Accounts, a user will only need a single H160 address. Users are able to swap between wallets like Metamask and Polkadot.

Protocol

Due to Polkadot, the Demodyfi protocol has the capability to go beyond the limits of current Ethereum DEX’s with the opportunity to add tokens from the Polkadot ecosystem as well as from other blockchains.

Protocol For Automated Liquidity Provisioning

Demodyfi swap fees will first go into the reserves of the respective liquidity pools. Users will receive their proportionate share when they return the pool token to redeem their share of reserves.

Decentralized

The proper decentralization and Interoperability are achieved by having and utilizing Parachains that brings in liquidity from other Parachains while also using Bridge protocols that connects directly to other blockchains like Ethereum.

Easy Swap for ERC20 And ERC721

Demodyfi Ico Direct conversion if there is a liquidity pool for the exact same pair, so this offers the best price.

Governance

They aim to facilitate the engagement of $DMOD token holders as part of launching the network.

Built on a robust and powerful platform

The Demodyfi system is designed to on-ramp both entry-level and advanced users. Throughout this context, they are able to respond to the actual preferences of the target audience by providing the same ease of use as centralized platforms.

  • Secure network provided by Polkadot
  • Scalable – Next-gen DeFi platform by the Multitude of assets existing on numerous chains
  • Permissionless – Any new token can directly access liquidity through adding their token for an exchange to the router contract
  • bitcoinBitcoin (BTC) $ 58,447.00
  • ethereumEthereum (ETH) $ 4,672.03
  • binance-coinBinance Coin (BNB) $ 627.39
  • tetherTether (USDT) $ 0.999750
  • solanaSolana (SOL) $ 214.76
  • cardanoCardano (ADA) $ 1.61
  • xrpXRP (XRP) $ 1.02
  • polkadotPolkadot (DOT) $ 37.90
  • usd-coinUSD Coin (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.222252
  • shiba-inuShiba Inu (SHIB) $ 0.000052
  • avalanche-2Avalanche (AVAX) $ 119.24
  • terra-lunaTerra (LUNA) $ 57.56
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.713141
  • litecoinLitecoin (LTC) $ 215.30
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 58,643.00
  • binance-usdBinance USD (BUSD) $ 1.00
  • matic-networkPolygon (MATIC) $ 1.82
  • chainlinkChainlink (LINK) $ 26.25
  • algorandAlgorand (ALGO) $ 1.84
  • bitcoin-cashBitcoin Cash (BCH) $ 581.36
  • uniswapUniswap (UNI) $ 21.03