Topic: 🔥🔥 [ANN][ENE] ENEDEX: Join the Future of Energy Trading ⚡️⚡️ - page 2. (Read 762 times)

I want to know about your hardcap & softcap ?

Parachains of utilities usually grant Polkadot privileged business logic Governance. Just like the Polkadot relay chain has several privileged functions, such as setting Validator count or DOT distribution from the warehouse, These secondary chains can have privileged functions, such as changing system parameters Or register assets.

The system-level chain transfers functions from the relay chain to the parachain, Minimize the management use of the relay chain. E.g,The governance parachain can remove all Polkadot governance processes from the relay movement The chain becomes a parallel chain.

ENEDEX brings a new approach to energy markets through decentralization and democratization by providing equal access to anyone with internet connection. It's a very attractive concept all over the area. Really i like it.

Hey, as i can see your website there have review platform so you guys how much positive response you've reach

Well said, community incentivized is one of the most powerful element.

This unique combination of elements is full of strategic significance
Market gap, while allowing Moonbeam to serve as the Polkadot network to meet the needs of future developers Over time. Using Substrate to build your own chain is powerful, but it also brings a lot of Other responsibilities, such as learning and implementing chain runtime in Rust, creating Token economy, and incentivize the community of node operators.

Find out more insights about ENEDEX in our brand new Youtube video.

Watch ENEDEX at: https://www.youtube.com/watch?v=n2by0spCFUo NOW!

Maximum supply of $ENE is 1'000'000'000.

ENEDEX is currently self funded in a private sale stage. We plan to use multiple fundraising opportunities to achieve our goals.

Please fill in the form at https://enedex.org

US residents and citizens cannot participate in the Private Sale.

In Private Sale, then minimum contribution amount is 1000 USDT. If you wish to contribute more than 300'000 USDT, please contact Erik at erikvom[AT]enedex[DOT]org

There may be larger contribution slots available based on individual conditions.

ENEDEX Kickstarter is going to help great new green energy projects to raise capital. On top of potential strategic investment of ENEDEX, successful projects will be able to raise capital in the form of crowdfunding and then list their tokens and synthetic assets on ENEDEX decentralized exchange.

Correct, our MVP built on Polkadot Moonbeam Parachain (to become a parachain) is going to be released in the next days.

We are not limited to Polkadot crosschain ecosystem, however we are going to integrate more great standalone blockchain ecosystems, including but not limited to Binance Smart Chain (BSC), Fantom Network, Avalanche (AVAX), etc.

Thank you for the support.

As per our roadmap:

Q1-Q2.2021
Concept Creation
Whitepaper Creation
MVP Launch

Q3.2021
$ENE Token Launch
Beta Version of DEX Launch
Liquidity Mining

Q4.2021
Crosschain DEX Launch
Staking
ENEDEX Kickstarter Launch

Q1.2022
Leverage and Margin Trading
Automatic Trading / API

Q2.2022
Options Trading
Futures Trading
Data Services

Q4.2022
Analysis Tools
Quantum Resistant Energy DEX Beta

Q1.2023
Ongoing Development

Thank you for your support, feel free to check our Linkedin and Twitter profiles for more information.

Most of the details are in our whitepaper at: https://enedex.org

In a nutshell, ENEDEX provides the following:

Pioneer in Energy Trading
ENEDEX is the world's first crosschain DEX
focusing on trading of energy assets. Being
crosschain and quantum resistant brings
superior interoperability and cybersecurity
to its users.

Comprehensive Trading Interface
On top of being a decentralized exchange,
ENEDEX provides leverage and margin
trading, energy options and futures trading
as well as automatic trading API with data
services.

Seamless Access to Capital
Be the first to kick-off your blockchain
renewable energy project by raising capital
via ENEDEX Kickstarter.

ENEDEX USE CASES

DECENTRALIZED ACCESS – The total derivatives market is estimated to be
around US$640 trillion with several energy derivatives among the most
actively traded future contracts. The WTI contract alone trades 5x the volume
compared to BTC barely scratching the surface of the total volume traded in
global energy products. In other words, the opportunities for DeFi in Energy
Trading are massive! Energy markets are dominated by oligopolies and
traded through expensive middlemen on heavily centralized exchanges. The
platform offers a decentralized exchange method to trade traditional and
new energies markets in the digital asset environment.

P2P ENERGY TRADING - The platform provides access to market participants
to trade, hedge and invest in energy assets in a cross chain decentralized
environment removing the middlemen. P2P is the way for retail traders and
outsiders to get involved! There are many immediate benefits related to P2P
in a decentralised environment such as low-costs, automated and trustless
trading. Energy Trading is usually denominated in fiat USD and ENEDEX
changes this by denominating products in crypto assets including
$ENE/$ETH/$BTC/$USDT and others.

FRACTIONAL TRADING – The platform application offers transparent
fractional trading providing access to energy products that generally are only
traded in wholesale markets, and not readily accessible for the retail market
(e.g. a standard WTI future is 1,000bbls per contract). Access to otherwise
closed markets give retail customers the opportunity to participate in energy
trading, and for SMEs to trade and hedge their energy consumption.

ASSET TOKENIZATION - ENEDEX facilitates the primary demand for tokenization in
energy commodities and converts the ownership rights of a physical commodity,
into a digital token. Blockchain technology enables users to transfer rights through
explicit contractual agreements that are publicly verifiable. Asset tokenization
reduces the reliance on middlemen, reduces geographical barriers, enhances
accessibility through fractional ownership, improves liquidity and democratizes
market access. ENEDEX implements asset tokenization through the use of synthetic
tokens tracking the price of real-world assets that are financially settled offering
globally accessible, transparent and affordable access to energy assets.

MINT - Anyone can mint an eAsset by locking up collateral, either in the form of a
stablecoin or a different eAsset. The required collateral is at least a minimum
multiple of the asset’s value (150% for stable coin collateral, 200% for eAsset
collateral). For instance, if energy derivative is reported to be trading at $100,
minting 1 eX would require at least $150 in stable coin, or $200 in a different eAsset.
Oracles, Liquidations and Peg Incentives. A critical function of the ENEDEX protocol
is the ingestion of asset price data external to the blockchain. This is necessary for
determining the amount of collateral required for minting an eAsset, and for
assessing whether or not sufficient collateral is locked for existing eAssets. ENEDEX
Token holders submit votes on each asset, which the protocol aggregates to
compute a me- dian weighted by each holder’s ENEDEX Token stake. $ENE Token
holders submit votes on each asset, which the protocol aggregates to compute a
median weighted by each holder’s $ENE Token stake. The ENEDEX oracle submits
prices at a high frequency to accommodate real-time pricing of exchange-traded
assets and facilitates solvency of eAssets by triggering collateral liquidations
whenever the collateral ratio of an eAsset (collateral value/asset value) drops below
the governance-mandated minimum.

AUTONOMOUS ASSET MANAGEMENT –The platform application allows for the
owners of energy assets to trade and hedge their energy needs and production and
distribute its income to assigned wallet addresses in a low-cost, trustless and
decentralized method. The platform offers rapid, low-cost asset optimization and
management, data aggregation, and settlement for asset managers.

HEDGING FOR MINERS – Miners use an estimated 80-130 terawatt-hours per
year, which is equivalent to the electricity consumption of about 27 million
average households in the UK. Crypto miners buy their electricity
consumption from their regional electricity providers and are subject to their
pricing strategies. Through ENEDEX miners are provided with the ability to
hedge and trade around their electricity consumption and lock in the value
between electricity prices and the crypto asset in spot and forward curve.
Additionally, ENEDEX allows for new products to be created to trade
traceable electricity using blockchain technology proving the source of
production. Being able to identify the source of production is increasingly
important to ensure clean mining practices through the use of renewable
energy.

FLARING SOLUTION – 1.48 Bcf/d of natural was wasted through flaring in the
United States in 2019. This is equal to the yearly consumption of 7.5 million
households. Flaring of natural gas happens on a global scale in places where
no direct or profitable market access is available. Valuable resources are
being wasted in a harmful way for the environment. Traditional Oil and Gas
companies are looking at crypto mining as a solution to reduce flaring
practises and stop the waste of valuable energy resources. The platform
enables O&G companies active in crypto mining the ability to hedge their
price exposure to natural gas and crypto asset. By locking in the energy to
crypto asset spread producers can forward plan their mining activities and
benefit from cheap access to energy and create value while contributing to
a cleaner environment.

DEFI POWERING SUSTAINABILITY – DeFi market cap has grown from US$45
billion in January 2021 to just under $100 billion three months later without
any signs of slowing down anytime soon. The value of the global renewable
energy market is estimated to reach US$1.5 trillion in 2024 and double in
market size three years after that again. Combining the powerful trajectory
of DeFi and renewable energy provides exponential growth opportunities for
innovation and value creation. DeFi developers are enabled to create new
markets in renewable energy themes, and list those newly created energy
assets directly on ENEDEX.

BLOCKCHAIN-TRACEABLE ENERGY SOURCES – Blockchain is a perfectly
suitable solution for reliable digital traceability from energy production
sources to the points of consumption. The technology provides innovative
fully blockchain-native ways to trace renewable energy from producers to
consumers and establish a token-based replacement for the current
unreliable and non-transparent Renewable Energy Certificates System.

SHARED ASSET OWNERSHIP – Energy projects are able to launch their project
on the exchange to raise capital and for ownership distribution. The platform
application allows for the owners of energy assets (e.g. wind farms, solar
plants, hydro electrolysers) to share ownership of renewable energy assets
as well as trade that ownership.

NEW ENERGIES – New energies will prevail after the energy transition. One
of the new energies is Hydrogen. Hydrogen is a promising new energies
market growing from $120 billion today to an estimated $10 trillion market
in 2050. Hydrogen is a potential sustainable solution for shipping, heavy
transport, heavy industries and aircrafts. Manufacturers having started the
development of firstzero emission demonstrators, the time will come in near
future when hydrogen will become what is today the jet fuel, bunker fuel or
gasoline. Hydrogen fuel price hedging will become of same criticality for
industries as is fuel price hedging now, as well several other new energies.
Prepare the future and establish first DEX hedging and trading schemes for
the future.

Most of the details are in our whitepaper at: https://enedex.org

The best part is we can use it both from a PC and a Smartphone which makes it more appreciating.