Frequently Asked Questions

Questions & answers around MetaDEX, Cardano & DEXes in general

A decentralised exchange (DEX) is a platform on which you can buy and sell various crypto assets on a blockchain from the safety of your personal wallet. There are no traditional administrative or financial intermediaries who can restrict you, alter the rules without majority consent, or brazenly ask for too much of your private information. On a DEX you can also provide liquidity to earn trading fees and governance tokens.

Read more about DEXes here or here.

MetaDEX is a decentralized exchange on the Cardano blockchain. Aiming at high social standards & continuous innovation, MetaDEX combines a diverse range of previously mutually exclusive features from other DEXes, such as impermanent loss insurance, smart tokens, and portfolio & range pools.

Learn more about our ideas & concepts here

Learn more about our combination of features here

Learn more about the people behind the ideas & concepts here

Cardano is an open-source blockchain built on peer-reviewed research and functional programming language. The research-driven approach and functional programming language provide strong security and innovative features. Founded in 2015, and launched in 2017, Cardano facilitates transactions with its native cryptocurrency ‘ADA’. Transactions & consensuses are reached with proof-of-stake protocols, the more energy efficient alternative to proof-of-work protocols such as Bitcoin and Ethereum. In addition, the smart contract language on Cardano is also a functional programming language for security of financial service such as DEXes.

Find out more about Cardano here

From a technical perspective, MetaDEX is set to offer a combination of a wide range of features based on an efficient proof-of-stake protocol and with high financial security. From a philosophical perspective, our anarchistic intent of ousting traditional financial intermediaries from their current positions of power to create a more decentralized & financially accessible world goes well in line with Cardano’s mission of creating possibilities for many & bringing about positive global change.

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Learn more about our mission & vision here

MTDX is the governance token on MetaDEX. This means that holders of the token can propose and vote on changes to the DEX. This is part of our vision for a fairer and more decentralized world in which everyone involved in a project has direct voting power. Before the launch you can delegate to the METAX pool to receive MTDX tokens. After launch you can receive MTDX tokens by providing liquidity to the DEX.

Find out more about our METAX pool here

Learn more about our combination of features here

To get started immediately, you can delegate your ADA to the METAX stakepool. The token will be given out in fixed chunks after launch on Mainnet - but distributed proportionally among each epoch's delegators; so the longer you stake, the more tokens you get. To become part of the MetaDEX community, you can also follow us & subscribe to our media channels. We invite you in particular to join our delegator channel on Discord where we are already now experimenting with decentralized governance and share information here first. If you are interested in collaboration, please let us know.

Find out more about our METAX stakepool here