AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the NIOX Token under the pair USDT/NIOX on May 5 at 1:00 p.m.
The NIOX Foundation and the Autonio trading platform are launching the NIOX suite to address the technical complexity, secrecy, and exclusivity found on existing trading platforms. The Suite’s goal is to provide users with a simple infrastructure for engaging with digital asset markets.
The NIOX token is used to gain access to the products and infrastructure Autonio provides as well as to the project’s governance by becoming a DAO member through staking.
NiOX Swarm takes a marketplace-driven approach to market making aiming to promote consistent crowdsourced liquidity provisions and mitigating the risks inherent to AMMs. The NIOX Maker is a market making module that makes trades faster and more accurate through creative algorithms, complex calculations and thousands of data points gathered from the user’s exchange.
AscendEx is led by a team of Wall Street veterans who have applied traditional markets’ rigor to create a robust, secure, and reliable experience for all participants; and a consistent source of liquidity for primary offerings.
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