ErgoDEX will be a signature dApp in the Ergo ecosystem, offering secure and efficient cross chain liquidity and interoperability on both the Ergo and Cardano networks. A decentralized exchange (DEX) allows users to trade assets and provide liquidity through the execution of smart contracts - there is no need for any intermediary. Ergo’s PoW (Proof of Work) consensus utilizes the eUTXO model (extended unspent transaction output) when performing transactions. Through the scientific approach of the entire Ergo network, Ergo smart contracts are highly efficient and secure with features such as ring-signatures, multi-signatures, multiple currencies, advanced privacy and self-replicating scripts. ErgoDEX is currently available in beta mode and will be fully launched soon after Cardano's smart contracts release on September 12th.
Read the article on the Ergo blog
