❄️COLD Dex

COLD Dex is a specially created exchange medium for LP tokens which allows users to easily change their capital and provides a wider arbitrage opportunity.

What are LP tokens?

Liquidity provider tokens or LP tokens are tokens issued to liquidity providers on a decentralized exchange (DEX) that runs on an automated market maker (AMM) protocol.

LP tokens are used to track individual contributions to the overall liquidity pool, as LP tokens held correspond proportionally to the share of liquidity in the overall pool.

At the most basic level, LP tokens work on the following formula:

Total Value of Liquidity Pool / Circulating Supply of LP Tokens = Value of 1 LP Token

COLD Dex supports the capitalist economic system by not preventing the snowball effect in capital accumulation, and thanks to its protective effect on the HOT Dex LP tokens from the sharp movements of the market, it also supports the communist economic system by acting as a market stabilizer.

In other words, COLD Dex is a symphony that makes two eternal nemesis dance in harmony.

While COLD Dex initially only allowed transactions between HOT Dex LP tokens, LP tokens of all Dexs in the COSMOS, POLYGON, and BSC networks will be added as time progresses.