The post ZenChain Partners With ADEX To Enable Seamless And Secure Cross-Chain Trading appeared on BitcoinEthereumNews.com.

ZenChain, a fully decentralized and EVM-compatible Bitcoin L1 solution, has announced a strategic partnership with APEX Digital Exchange (ADEX); this secure and user-friendly decentralized trading platform will be the first DEX to build on ZenChain. The partnership aims to enhance the capabilities of both platforms, with ADEX set to introduce seamless cross-chain asset swaps into the ZenChain ecosystem. In return, this upcoming DEX will tap into ZenChain’s native support for Bitcoin to enable direct BTC trading so as to preserve the integrity of this pioneer digital asset. According to the official announcement, the integration will enable DeFi traders to execute faster and more securely without any third parties being involved. The partnership will also expose the ZenChain ecosystem to more liquidity and trading volumes once the ADEX exchange launches. In addition, there will be more opportunities for developers on this chain to build DApps that will leverage ADEX’s cross-chain technology. Commenting on this partnership, ADEX CEO, Ben Bateman, emphasized: “Get ready for the future of defi” Couldn’t have said it better myself… Once again, amazing work from the team and partners. In the coming years, @ApexDexOfficial will fully unlock the potential of blockchain by seamlessly integrating traditional finance and decentralized… https://t.co/EjN1s75o1I — Ben (@AdexBen222) October 16, 2024 https://x.com/thecryptobasic On launch, $ADEX native token will play an integral role of providing utility to token holders through revenue-sharing mechanisms that align with ADEX’s incentivization goals. Holding $ADEX tokens for a specified period will qualify the owners to receive ecosystem rewards, whereby 90% of the trading fees will be distributed to $ADEX token holders. The strategic integration with ZenChain will also open up more opportunities for $ADEX token holders to participate in shaping the future of cross-chain innovations as well as other types of DApps that will leverage ADEX’s cross-chain capabilities. Although a…

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Filed under: News - @ October 18, 2024 3:28 pm