DRx: A native Dex and Defi on GateChain

GateChain
3 min readJul 8, 2022

-DRx, the native Dex and Defi ecosystem on GateChain, has been deployed on mainnet, and products will be
launched in the future depending on the situation.

-DRx can provide you with the following Defi products and services: swap, farming, bridge, launchpad.

Introduction to DRx

DRX is the first interoperable LaunchPad + decentralized cross-chain swap protocol powered by GateChain.

DRx wants to build a fun, friendly and user-first DEX and DeFi ecosystem that anyone can use.

Learn about DRx products

Dr. X Swap: It can be used for the exchange of assets and also to promote the circulation of digital assets.

Farm: A product with super high APY that can bring huge benefits to users.

DeFi Pool: A pool with high-yield APY’s and special features.

IGO: A platform that makes it easier for GateChain projects to go live.

Bridge: A bridge that enables multi-asset cross-chain transactions.

Tokenomics

DRX is 100% issued on GateChain and is open to everyone, there is no pre-sale, only a small amount of VC allocation.

Token Supply:

A supply of 100 million DRX will be put into circulation over the next three years:

65%: Mining

10%: DAOs

10%: Advisors and Investors

6%: Team

6%: IEO and Marketing

3%: Initial Staking Pool

Why did DRx choose GateChain?

There are many reasons why DRx chose to build on GateChain, the following opinions are from the DRx developers:

We want to put interoperability first and GateChain is building powerful cross-chain applications and components.

We believe that DeFi and NFTs do not belong to just one chain, and GateChain provides us with accessibility for many new users.

GateChain is fast and reliable (2000+ TPS, low fees), 1 second block generation, and has instant block generation.

GateChain and Gate.io are always improving the security of their products, which is very important to us.

They are very focused on preventing asset theft and loss of private keys, which are very annoying problems in the crypto space.

GateChain has an exclusive development team of more than 100 people, which is powerful.

GateChain is using its industry advantages and influence to promote the GT ecosystem, which is beneficial to attract new projects and accompany them to grow together.

About GateChain

GateChain is a new generation of public chains focused on user asset security and decentralized transactions. With its
original online hot wallet account and settlement guarantee system, it creatively solves the core basic problems of the
industry, such as the theft of users’ digital assets, the destruction and loss of private keys, slow decentralized transactions,
and the lack of cross-chain transfers. With six years of blockchain technology accumulation, two years of dedicated
research and a hundred-people in the technical team,GateChain relies on excellent innovation ability and strong financial
strength to create a revolutionary blockchain.

- Official website: https://gatechain.io/

- Twitter: https://twitter.com/gatechain_io

- Medium: https://gatechain.medium.com/

- Discord: https://discord.com/invite/TADecrzfcP

- GitHub: https://github.com/gatechain

About DRx

DRX is the first interoperable LaunchPad + decentralized cross-chain exchange protocol powered by GateChain. DRx
wants to make DeFi fun again with a user-friendly DEX and DeFi ecosystem that is easy to use.Welcome to the complete
DeFi suite: swaps, mining, bridge, launchpads, they have high-yield APYs and special features with open assets around the globe.

- DRx Twitter: https://mobile.twitter.com/DRx_DeFi

-More Info: https://medium.com/@drxdefi/why-is-drx-building-on-gatechain-469b32b028b3

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