RupayDex: New Decentralized Exchange launch

RupayDex, which was first thought of in 2022, will provide a solid platform for application-specific networks to easily connect and deploy. From our point of view, it is possible for different assets on different networks to work together. Our technical approach to DEFI can solve problems that have been a problem in the past.

This will be done by making an effective aggregation protocol that will intelligently gather liquidity from the whole crypto market on one decentralized platform called RupayDex. RupayDex is where we want to go after the moon and Mars.

What’s RupayDex?

RupayDex is the first full aggregation protocol for trading in cryptocurrencies. It allows cross-chain swaps and liquidity from both Defi and CeFi. Our machine learning and AI routing technology finds the best prices from DEXs and (some) CEXs, giving traders better prices, less slippage, and faster settlement.

RupayDex will run an exclusive Defi AMM aggregator system that is controlled by RPX Tokens, which are the native token of the RupayDex Platform. People who own our tokens can lend, bet, and make money from their investments. On RupayDex, trading fees for token holders are significantly reduced.

How do we see ourselves?

The Binance smart blockchain network has proven to be a good place for new DEFI projects to get off the ground. With the recent increase in the use of BSC (Binance smart chain), we’ve already seen some signs of how end users think and act. So, RupayDex will continue to run on Binance’s smart chain, which is more commonly called BNB Chain.

Function

Long term, we want to make a system that can talk to both centralized and decentralized exchanges. This will make cross-chain trading safe and give people access to liquidity across the whole cryptocurrency market. RPX will set up an ecosystem of assets based on the community that will make a big difference. As well as helping to set up markets, provide liquidity, and promote the use of blockchain as a whole.RPX tokens are used to make money and get interest.

Because cryptocurrency is so unstable, only a small part of RPX’s income will be invested in assets that are more stable. The RupayDex Ecosystem could be kept stable with the help of financial markets or Defi protocols.

Besides an aggregated swap, RupayDex will continue to combine derivatives, yields, loans, and insured staking products. It will also continue to use RPX tokens to create its combined margin. In the future, we will also give users APIs and arbitrage tools so they can run automated arbitrage schemes.

Rupay Dex has been checked by Solid Proof and has several special features, such as:

• IDO platform
• SIP – SIP Bridges in Crypto Blockchain
• Multi-chain DEX NFT Market Staking Aggregator Yield Farming
• Cryptocurrency lending or borrowing Trading Incentive System You’ve Never Seen Before

Here’s how we came up with our answer, a unique system for encouraging trading:

The most important problem for an AMM exchange that just started up is how to quickly get enough trade volume. If there is more trading volume, liquidity providers might make more money.

Traders who focus on certain trading pairs may get more token prizes.

The RDTC (Rupaydex Trader Credit) will be given to traders for most trading pairs.

For the trading pairs of their tokens, other projects can provide their tokens as trading rewards. (This means that for some trading pairs, traders could get up to two tokens as a reward for trading.)

So, more projects will be able to offer incentives for trading, and they will be more likely to be successful in convincing their users to use Rupaydex as a trading platform.

Trading commission

Each trade has a fee of 0.2 percent. The Rupaydex Treasury gets 0.03 percent and liquidity suppliers get 0.17 percent.

• Adding more liquidity and depth to the market by combining the order books of different exchanges.
• At any given time, getting the best price possible from a number of markets that could be infinite.
• Brokers get the best fees on each exchange because they are seen as high-end traders.
• There are no separate fees for deposits and withdrawals. Each trade has a single, unified fee.

Streamlined online management across multiple platforms (web, mobile) with a single account provides extensive and advanced analytics, as well as clear accounting and reporting when needed.