2022-04-04 20:03:45
Parex: Fast, Secure, and Interoperable
Parex, a new decentralized exchange with an in-built PRX token unique to the mining production mechanism, has announced its official launch. Parex promises to provide a secure, flexible, and accessible platform unlike any other, developed in reaction to the costly and frequently ethically dubious status of centralized finance. Prior to Parex, teams had to build and run their own indexing servers, which took a lot of engineering and hardware resources and broke crucial security features that were essential for decentralization. Decentralized networks, such as Parex, provide solutions to these problems. So, what makes Parex unique?
• All PRX users produce tokens and transfer them directly and autonomously; unlike other decentralized exchanges, this one is community-led. It works in the same way as a WEB3 project, upgrading older tokenization, transfer, and mining methods.
• Because it is both environmentally friendly and inflation-adjusted, PRX is the most valuable long-term technique. In concrete terms, Parex Market modernizes the mining sector by using a more environmentally friendly method known as burning. The PRX token is destroyed and removed from circulation as soon as it is delivered to manufacturing. This burning algorithm enables a long-term, sustainable, and environmentally friendly trade.
• The DRC-16 protocol is used to process the Parex production network, which is designed to construct bridges with several networks using Proof of Interoperability. Indeed, the PRX token is an interoperable token on every network thanks to the Proof of Interoperability method.
• Thanks to the Parex Market, any inter-network transfer is possible. Switching between networks can be done at a low cost and with high efficiency, making PRX transfer routes more convenient. All networks, including Polygon, BEP20, Ethereum, Polkadot, and Avax, are in a state of equilibrium. Parex price today, PRX to USD live, marketcap and chart | CoinMarketCap
Get the latest Parex price, PRX market cap, trading pairs, charts and data today from the world’s number one cryptocurrency price-tracking website. PancakeSwap - A next evolution DeFi exchange on BNB Smart Chain (BSC)
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... Currently listed on Parex Market, PancakeSwap and MEXC GLOBAL.
https://www.mexc.com/en-TR/exchange/PRX_USDT
Contract Address:
0x90E3414e00E231B962666Bd94ADB811D5bcD0c2a
https://pancakeswap.finance/swap?outputCurrency=0x90e3414e00e231b962666bd94adb811d5bcd0c2a
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