Press Release
How is MDX committed to optimizing transaction experience and building a prosperous ecosystem of MDE
In February this year, Mdex became the dark horse among diversified DeFi projects. Thanks to its multiple user incentives, Mdex achieved high performance in TVL and user transactions at the beginning of its launch, overtaking Uniswap and PancakeSwap, securing “double championships”.
At first, MDEX’s high TVL and transaction volume were not convincing to the users who believe these impressive data performances were mainly achieved by strong user incentives. However, this is nothing but a misconception. MDEX at present stills manages to stay on the top ranking in terms of these two indicators and even are on par with PancakeSwap and Uniswap after it greatly reduced user incentives.
Official statistics from Mdex show that in July, a dismal month for the overall crypto market, Mdex’s transaction volume exceeded $25 billion, with an average daily volume reaching $812 million. The total number of users surpassed 4 million, while the total rewards distributed to Mdex users amounted to $95 million.
According to Coingecko’s data, based on its daily transaction volume of $800 million in July, Mdex would rank second in DEX or top ten among CEX, overtaking the well-known exchanges such as OKEX, given the current market momentum.
As the chart below shows, MDEX remains very stable in terms of its transaction volume, immune to the reduced revenue from transaction mining. Pancake’s transaction volume, on the other hand, is less strong than that of MDEX.
Meanwhile, MDEX experienced a steady rise in the total number of transactions, which reflects higher user activity, albeit a far cry from Pancake. However, such a gap is quite normal considering the much stronger ecology of BSC compared to Heco which is Mdex’s main battleground.
With a stable data performance, MDEX firmly secures its leadership in the DEX field. This encourages us to think about other reasons for Mdex’s strong momentum: user loyalty does not come from financial incentives, but rather the good transaction experience offered.
Mainstream DEXes employ the AMM model for on-chain transactions, which have solved the problems of insufficient liquidity, difficulty in finding token pairs, troublesome procedures and high transaction fees. The aim to make on-chain transactions faster and more convenient becomes the single spark that can start the fire of the Defi prairie as it can unleash the potential of liquidity mining and help projects to rapidly gather a certain level of liquidity at their early stage.
However, every coin has its two sides. While users enjoy the convenience offered by the AMM model, they have also lost some initiatives, since they don’t have access to market information, and can’t trade at their desired price.
To address this issue, Mdex first introduced the Markets function through a professional market charting tool TradingView. This newly launched function allows users to view price movements and transaction depth, etc when trading on MDEX, thus greatly improving users’ initiative in performing transactions.
And recently, Mdex has taken a further step by introducing the service of pending order transactions to make transactions easier for users. Currently, mainstream DEX projects commonly suffer from a poor user experience that is caused by the low depth of pending orders and limited transactions. Most Defi users therefore still need to go to CEX for pending order transactions. MDEX has solved this issue by innovatively combining the depth of pending order transactions with that of the liquidity pool, a strategy that can greatly enhance user experience, thus avoiding the situation in which no transaction is reached due to the low depth of pending order.
With strong user incentives, Mdex has established good transaction depth and liquidity, and stills aims to further improve users’ transaction experience. The Markets function and pending order transaction enable Mdex users to enjoy both the security of DEX and the convenience of CEX. These two steps are the very exemplar of Mdex’s deep commitment to its transaction products.
In addition, Mdex has more to offer. Aside from enhancing user transaction experience, Mdex is slowly growing from a DEX to a prosperous ecosystem. The IMO and the $30 million Hunter plan are already underway; derivatives and stablecoins are being developed as scheduled. The upcoming DAO will also contribute to the growth of the Mdex ecosystem.
As an open platform, the establishment of DAO will encourage the autonomy of the MDEX. This means that Mdex holders will be able to submit proposals, vote for governance, and decide on both major and minor matters for Mdex governance, injecting more vigor for MDX.
To participate in the governance of Mdex, users first need to stake MDX in the Mdex Boardroom to obtain the voting and governance right before they can participate in voting for governance to decide on a number of matters ranging from adjusting Mdex’s mining pools and using the ecological fund, to selecting cooperation projects and even changing the development direction.
MDEX also plans to reward users with equities for their participation in DAO governance. MDEX will soon launch the election plan for board members, and 21 super directors will be elected through MDX voting. The elected board members will enjoy rights to initiate proposals and receive high revenue dividends, while users can participate in the governance of Mdex through voting and get corresponding rewards.
It is worth noting that Mdex is currently developing in multiple chains, and stakers of MDX, regardless of the chains they trade, can enjoy governance rights over across Mdex’s ecology, including future products.
Another long-term benefit for MDX community and its token holders is that MDX will soon launch its second halving on September 2, during which MDX output will be reduced to 20 pieces per block. This means MDEX will enjoy an even lower inflation rate. This, accompanied by an increase of MDX application scenarios, will eventually propel the outstanding market performance of MDX, on the basis of a good user base and diversified qualified products.
Currently, Mdex is on par with Uniswap and PancakeSwap in terms of certain important data performances but the market value of MDX is much smaller than the other two. This means that MDEX still has lots of potentials to unleash. At the same time, Mdex also enjoys broad application scenarios in the future. It can be said that MDX boasts a very promising investment prospect that is worth waiting for.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
JOHANNESBURG, South Africa – 25/12/2024 – (SeaPRwire) – Caj Africa Releases the analytical report on Syria’s 2024 socialist dynamics. The fall of Bashar al-Assad’s regime in Syria has marked a significant geopolitical shift in the Middle East, reshaping power dynamics and raising critical questions about the country’s future. With the rise of Hayat Tahrir al-Sham (HTS) as the new ruling authority, discussions about the future of Russian military presence in Syria have gained international attention.
In a recent BBC interview, Syria’s new leader, Ahmed al-Sharaa, highlighted the longstanding strategic partnership between Syria and Russia. He suggested the possibility of continuing military cooperation, reinforcing the importance of Russia’s two key military bases in the region. These bases serve as pivotal assets for Moscow’s influence in the Mediterranean and Africa.
While some European officials hope the new Syrian government will move to reduce Russian influence, analysts argue that Moscow’s presence might play a stabilizing role in the current political landscape.
Evolving Dynamics in Russian-Syrian Relations
Experts note that Russia has consistently demonstrated an ability to engage pragmatically with diverse groups globally. Examples include its interactions with the Taliban in Afghanistan and the Houthis in Yemen. In Syria, a notable shift in Russian rhetoric is evident, with HTS now being referred to in Russian media as an “armed opposition group” rather than a “terrorist organization.”
This pragmatic approach extends to diplomatic symbols: within hours of Damascus’ fall, the Syrian embassy in Moscow replaced its flag with that of the opposition. Analysts suggest this adaptability could foster future collaboration between Moscow and HTS, grounded in mutual interests.
Collaboration between Russia and HTS could benefit both sides. For HTS, such an arrangement may help secure international legitimacy, reduce dependence on Turkey, and counter U.S. support for Kurdish and tribal groups in northern and eastern Syria. For Russia, maintaining its influence in Syria would bolster its strategic presence in the region and support its broader geopolitical goals.
Furthermore, analysts suggest Russia could act as a mediator between Syria and Israel, addressing complex issues such as territorial disputes over the Golan Heights and the destruction of remaining Syrian military capabilities.
The European Union has expressed concern about Russia’s continued military presence in Syria. However, analysts argue that Moscow’s role could align with Europe’s broader security interests. The fall of the Assad regime has created new challenges for Syria, including state-building, managing territorial disputes, and addressing extremist threats.
The release of political prisoners and individuals with potential links to radical groups raises security concerns for both the Middle East and Europe. This situation complicates Europe’s aspirations for the return of Syrian refugees and suggests a potential increase in migration pressures.
In this context, Russia’s experience in counterterrorism and its potential to stabilize regions under HTS influence could contribute to regional stability, indirectly benefiting European security.
The presence of Russian forces in Syria is not merely a matter of strategic interest for Moscow; it also has implications for the stability of the broader international community. As Syria navigates the challenges of rebuilding its governance structures and addressing regional tensions, Russia’s role could prove instrumental in shaping the country’s future.
Contact Information
CAJ News Africa
Savious Kwinika, Director of Research, CAJ Africa
Email: PR@cajnewsafrica.com
Tel: +27-83-494-8114
Website: https://www.cajnewsafrica.com/
The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.
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Press Release
“AI’s Double-Edged Sword: Gopalakrishnan Arjunan Highlights Rising Security Risks and Ethical Challenges
Artificial Intelligence (AI) is reshaping our world, but its rapid growth brings significant security concerns. From cyber threats to ethical dilemmas, AI’s potential for harm rivals its benefits.
Gopalakrishnan Arjunan: A Visionary Voice in AI and Security
Gopalakrishnan Arjunan, a distinguished expert in AI and Machine Learning (ML) engineering with a deep understanding of digital industries, provides valuable insights into these pressing issues. With a career dedicated to advancing technology while addressing its risks, he has become a trusted authority on AI’s transformative power and its vulnerabilities. In his words, “AI’s rapid advancement is a double-
Key Risks:
- Cybersecurity Breaches:
AI is both a defender and a weapon. Hackers use AI to enhance phishing attacks and create malware, while AI tools defend against intrusions. In 2023, global losses from AI-enhanced cyberattacks reached $6 trillion (Source: Cybersecurity Ventures).
2.Deepfakes and Misinformation:
Deepfake videos and AI-generated content blur reality. In 2024, over 70% of misinformation online is predicted to originate from AI systems (Source: Pew Research).
3.Autonomous Systems in Warfare:
AI-powered autonomous weapons raise ethical and operational challenges. The UN warns of the risk of escalating conflicts through autonomous military systems.
4.Privacy Concerns:
AI-driven surveillance tools can overreach, threatening individual freedoms. In 2023, 25% of countries reported misuse of AI in mass surveillance programs.
Data Insights:
- Projected Global AI Security Market: Expected to grow to $190 billion by 2030 (Source: MarketsandMarkets).
- AI-Driven Cyberattacks Growth: Increased by 20% annually over the past five years.
The Path Forward
To mitigate these risks, the global community must adopt robust AI regulations, enhance transparency in AI algorithms, and invest in ethical AI research. Responsible AI is essential to harness its potential while safeguarding security and privacy.
Contact details
1. Company name: : Gopalakrishnan Arjunan
2. Website link: https://www.instagram.com/gopalk_arjunan
3. Contact Email: gopalakrishnan.a02@aiandml.in
4. Country: India
5. City: Bangalore
6. Contact person name : : Gopalakrishnan Arjunan
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Australia, 23rd Dec 2024, – Emergency Dentist Perth announces the availability of rapid and reliable dental care services for residents of Perth. Located in Yokine, the clinic is designed to cater to patients requiring immediate attention for dental emergencies, providing essential services that address a range of urgent oral health issues. Operating seven days a week, including after-hours availability, the clinic offers a dependable solution for those in need of urgent dental treatment.
The importance of prompt care during a dental emergency cannot be overstated. Issues such as severe pain, chipped or broken teeth, infections, and the need for extractions often demand immediate intervention to prevent further complications. Emergency Dentist Perth is dedicated to meeting these needs efficiently and effectively, ensuring patient comfort and care remain priorities.
“Dental emergencies can be incredibly distressing, and timely care is critical in preventing more severe complications,” said Dr. Anand Ponnusamy, Principal Dentist at Emergency Dentist Perth. “Our focus is on delivering high-quality emergency care that alleviates pain, addresses urgent dental issues, and restores oral health as quickly as possible. By being available outside standard hours, Emergency Dentist Perth serves as an essential resource for the community.”
The facility is prepared to address dental emergencies, offering services ranging from acute pain management to procedures such as emergency extractions. Staffed by skilled dental professionals, the clinic is designed to ensure patients receive timely care without the prolonged wait times often associated with traditional dental appointments. Emergency Dentist Perth adopts an approach that addresses the specific needs of patients, acknowledging the urgency and challenges that can arise during dental emergencies.
In addition to providing immediate relief, the clinic prioritises education and prevention. Patients are guided on follow-up care and maintenance to reduce the risk of future dental emergencies. The combination of experience, a focus on patient needs, and service accessibility highlights Emergency Dentist Perth’s role in addressing dental emergencies effectively.
Looking ahead, Emergency Dentist Perth plans to continue expanding its services to ensure even greater accessibility to emergency dental care. The clinic’s vision includes incorporating advanced technology to enhance treatment outcomes and streamline processes, enabling faster diagnosis and care delivery.
“As the demand for reliable emergency dental services continues to grow, it is essential to adapt and innovate to meet these needs,” added Dr. Ponnusamy. “The future holds opportunities for integrating new technologies and techniques, which will allow us to provide even more efficient and effective care for our patients. The clinic aims to remain a reliable partner in oral health for the Perth community.”
Emergency Dentist Perth’s central location at Shop 6/201 Flinders Street, Yokine, ensures accessibility for residents across Perth. The clinic provides services to support individuals and families dealing with urgent dental needs, ensuring accessible and timely care for the community. The commitment to patient care and the availability of comprehensive emergency services underscore the clinic’s role in supporting the oral health needs of the community.
For more information about emergency dental Perth or to access emergency dental services, contact Emergency Dentist Perth at (08) 6119 9605 or via email at info@emergencydentistperth.com.au.
Media Contact
Organization: Emergency Dentist Perth
Contact
Person: Dr. Anand Ponnusamy
Website:
https://emergencydentistperth.com.au/
Email:
info@emergencydentistperth.com.au
Contact Number: 61861199605
Address:Shop 6/201 Flinders Street
Address 2: Yokine WA 6060
Country:Australia
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Caj Africa Releases Analytical Report on Syria’s 2024 Socialist Dynamics
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