OccamX Introduction
OccamX is an high-throughput DEX tailor made for Cardano native tokens and more, developed by a seasoned team of blockchain professionals supported by Occam Occelerator program. Backed by both IOHK through the cFund and EMURGO, OccamX is going to unleash vast liquidity for existing CNTs, including some of those that launch through IDOs on partnered multi-chain launchpad OccamRazer.
Utilizing Milkomeda enables OccamX to launch with full capacity much sooner than could have been realized on the Cardano mainnet alone. This is essential to provide deep liquidity to the array of Cardano Native Tokens (CNTs) and tokens from EVM-based chains waiting for trading opportunities.
What is OccamX?
OccamX is an Automated Market Maker decentralized exchange through which users will be freely able to create pools, provide liquidity, and perform swap of assets without the need of a custody centralized third party
In which network/blockchain will OccamX run?
OccamX will be deployed over the Cardano EVM based sidechain "Milkomeda C1". Milkomeda is a groundbreaking new protocol that brings EVM capabilities to non-EVM blockchains. It is developed by dcSpark — critical infrastructure providers for the Cardano and Solana ecosystems and founded by ex-EMURGO members. EVM-based sidechain connected to Cardano, called Milkomeda C1, is up and running. Milkomeda C1 introduces wrapped smart contracts and utilizes wrapped ADA as a base asset for fees and gas costs.
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