OAX is a digital asset operating on the Ethereum blockchain, founded by the OAX Foundation. It emerged from the OpenANX project, conceived in 2017 to enhance the infrastructure of the crypto trading ecosystem. The primary aim of OAX is to tackle inefficiencies in cryptocurrency exchanges by promoting greater transparency, efficiency, and accessibility. It accomplishes this through a decentralised exchange platform that amalgamates the benefits of centralised exchanges, such as liquidity and speed, with the security and transparency of decentralised systems. Central to its offering is the concept of a hybrid architecture, which facilitates a robust and scalable structure for digital asset trading. OAX tokens are integral for governance within the ecosystem, enabling holders to participate in decision-making processes, predominantly enhancing decentralised governance and community-driven project evolution.
OAX is a digital asset operating on the Ethereum blockchain, founded by the OAX Foundation. It emerged from the OpenANX project, conceived in 2017 to enhance the infrastructure of the crypto trading ecosystem. The primary aim of OAX is to tackle inefficiencies in cryptocurrency exchanges by promoting greater transparency, efficiency, and accessibility. It accomplishes this through a decentralised exchange platform that amalgamates the benefits of centralised exchanges, such as liquidity and speed, with the security and transparency of decentralised systems. Central to its offering is the concept of a hybrid architecture, which facilitates a robust and scalable structure for digital asset trading. OAX tokens are integral for governance within the ecosystem, enabling holders to participate in decision-making processes, predominantly enhancing decentralised governance and community-driven project evolution.