source: project NovaDEX official twitter
Nova is a community driven concentrated liquidity DEX, built on the Solana blockchain. Its primary goal is to to facilitate lightning-fast trades.
There are some exciting developments going on with the project, and they have reached 30,000 members on their discord server!
Here is a link to their server: https://discord.gg/BeYWGegh
You can also join their ongoing zealy event where you complete tasks and get rewards if you are in the top 100! The lowest prize is $40! You need to hurry up since the event ends in 3 days. A new contest has started and you need to participate!!
https://zealy.io/c/novadex/invite/Uz-eq9I-A17WLxijVGZSr
Their early tester role has also been extended to 20th December due to overwhelming response, you just hop on to their discord server, complete some simple tasks and get the role. The community gets to mint an NFT when the event ends.
Lets talk more about the project now. Solana has introduced a new token program called Token-2022. The motivation behind Token-2022 is that the existing Token Program on Solana, deployed in 2020, fulfills basic token needs but encounters challenges in adoption as developers fork it to incorporate additional functionality. To address this, Token-2022 was created, aiming to enhance features without disrupting users, wallets, or dApps, while ensuring existing token safety. Now NovaDEX $NVX is considering utilising the new standard on new token 2022 to incorporate additional functionality and enhance features.
NovaDEX is a community driven concentrated liquidity DEX, built on the Solana blockchain. Its primary goal is to to facilitate lightning-fast trades, shared liquidity and growth of DeFi by offering sustainable liquidity incentives.
Unlike other AMM DEXs and DeFi protocols, NovaDEX stands out in several ways:
Lightning fast trades & cost-effectiveness
Create Pools
Fair pricing & returns
Hard-working liquidity
User Experience
Join NovaDEX Now:
Website | Twitter | Discord | Medium | Docs
