TIDEFI Announces The Launch Of Its Mainnet, DEX App, And Unique TDFY Sunrise Pool Token Distribution

Twitter icon  •  Published vor 1 Jahr  •  Hassan Maishera

TIDEFI, a novel decentralized exchange, has announced the launch of its mainnnet and DEX app while also distributing 320 million of its TDFY tokens to its community.

TIDEFI has announced the launch of its mainnet and a host of other solutions it will be bringing into the cryptocurrency space. 

According to the press release shared with Cryptowisser on Wednesday, September 28th, TIDEFI said it brings a unique platform and ecosystem to the cryptocurrency and blockchain industry. The new solutions will focus on financial services and empowerment, including the opportunity to rely on limit orders on its native decentralized exchange.

The company added that it offers a standalone app that transcends the traditional approach of a browser-based system. The TIDEFI app wil work across all major desktop operating systems, while the Android and iOS versions will be released before the end of the year. A unified experience is essential in onboarding the next generation of crypto users while benefiting existing cryptocurrency enthusiasts, the team added. 

While commenting on this latest development, TIDEFI Co-founder and CEO Daniel Elsawey said:

“Looking at the industry over the last couple of years, specifically in the exchange space, we wanted to build a secure DEX that leveraged the price discovery and speed of a CEX, whilst giving the user complete control of their funds. Combining this with chain agnostic interoperability, we are excited to offer a transparent ecosystem for our community to participate in.”

The team said the launch of the TIDEFI Mainnet and DEX app marks a crucial milestone for them. These new solutions were achieved without any funding from venture capital firms or massive presales. The team added that the new solutions are designed to distribute more value to the community. 

The distribution will see 320 million TDFY Tokens (32% of the total amount of TDFY minted at Genesis) issued to community members via the TDFY Sunrise Pool. 

The TIDEFI team said its app relies on the Tauri open-source front-end framework. TIDEFI is using Tauri because some of its core team members founded the framework.

TIDEFI said it is using Stronghold to tap into secure secrets management. Stronghold ensures no digital secrets or private keys are ever exposed to other applications or malicious actors. 

Commenting on this latest development, Investor Andrew Goodwin SANE said;

‘’Tidechain will allow corporates to reimagine rewards programs and by using TIDEFI as their pricing venue, allow interoperability of membership benefits for the users.’’

Tidefi classifies itself as a novel decentralized exchange (DEX) for all kinds of digital assets. The DEX is built on the substrate-based Tidechain, a permissionless nominated Proof of Stake (nPoS) Blockchain. Tidefi brings together the speed and performance of centralized exchanges with primitives of decentralized finance (DeFi). 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.