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Tomochain is launching TomoDex today

By Rafał - 2020-05-18

TomoChain team recently announced the first fully decentralized exchange powered by TomoX protocol planned to go live on Monday, May 18th, 2020 at 3:00 AM UTC. Immediately after the official launch, TomoDEX will enable spot trading for 6 pairs: TOMO/USDT, BTC/USDT, ETH/USDT, TOMO/BTC, ETH/BTC, ETH/TOMO and later support P2P lending for USDT backed by TOMO, BTC, ETH with 4 terms: 1 Day/USDT, 7 Days/USDT, 30 Days/USDT, 90 Days/USDT. More assets will be added as soon as possible and as the improvement of the DEX continues. TomoDex is organized around 3 pillars that comprise the whole solution: Trading, Lending and TomoBridge.

  • Spot trading on TomoDEX is non-custodial as tokens always stay in users’ wallets and never need to be deposited on the exchange directly. The main advantages are a better liquidity and user experience, real-time settlement, full decentralization and a great fee system deducting from the used pair.
  • Lending on TomoDEX is powered by TomoX P2P Lending, a decentralized peer to peer marketplace for permissionless crypto-backed loans that matches borrowers and lenders based on asset, term, and interest rate preference.
  • Finally, TomoBridge is a multi-chain gateway to support the integration of popular blockchain tokens into the TomoChain network.
[caption id="attachment_8864" align="aligncenter" width="2000"]TomoDEX https://medium.com/tomochain[/caption]

A Twitter-Telegram event to celebrate the DEX launch

In order to thanks the community and celebrate this new release, Tomo team is organizing a giveaway with a prize pool of 500 TOMO. The giveaway will be rewarding 100 community members equally (5 TOMO each) amongst all the participants. The tasks to participate require less than two minutes to perform and must be done carefully to be eligible to win the reward:

1)Join Telegram: https://t.me/TomoDEX_Official

2)Follow @TomoDexOfficial on Twitter

3) Retweet this tweet with the hashtag: $TOMO #TomoDEX

4) Comment the associated Telegram Username and TOMO Wallet address

More details on the release and the event at https://tomochain.com/home/