Despite backlash and scores of debates in the community, this project seems to be pioneering BRC 20 and bringing Ecosystem based solution.
OrangeDX claims to be the1st Gen Bitcoin DEFI Hub, AKA Route to BRC20 Ecosystems.
Bitcoin Protocol platform allowing users to bridge, trade, swap, secure, and launch BRC20 and bridged EVM tokens (Non- EVM tokens in future), along with borrowing and lending services.
Positioned as the BRC20 equivalent of Uniswap, Aave and GMX. OrangeDX's DeFI aggregator (Yield, borrow and lending, and perpetuals trading) focuses on superior user experience and groundbreaking opportunities, creating a new domain for DeFi enthusiasts.
The last and not least, every single decision to make changes within ecosystem is going to be governed by DAO as indicated in the image.
Sounds grandiose, too good to be easily true, not to mention SDK and API integrations, i have not seen any audit, hackathons to test vulnerabilities and would it make sense to have bounty campaigns to ensure security of this platform? Show Less
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