Greetings, Deximum Community! Today we’re coming out to share | DEXIMUM

Greetings, Deximum Community! Today we’re coming out to share a couple updates regarding the operations of DexiSwap Exchange. As of right now, the situation in the crypto market has been going downhill. Recently, together with the stock market crash, all crypto prices have recently fallen down by up to 30-40%. Such news has been unfortunate for traders and investors across all markets: Robinhood, one of the largest trading platforms for retail traders, has filed over $423M losses in 2021 and thus is predicted to lose about 15% of their active user base over the course of Q1 2022. In order to keep sustainable and ensure that our liquidity providers are able to earn on their assets, we’ve decided to execute a several-step plan. It includes a better diversified asset portfolio for DexiSwap pools with risk-weighted and hedged positions, and an update to the DexiSwap 2.0 protocol that will ensure seamlessness of atomic swaps on our DEX without the risks of inflicting huge impermanent losses on the liquidity providers.

Thus, we need a little bit more time before we present a revamped version of the platform. So, stay tuned for updates!