PariDEX aims to establish a new generation decentralized exchange where dozens of stable cryptocurrencies (Leva stables) that are algorithmically stabilized to real world values can be exchanged (actually converted) without commission, slippage, price shift and buy-sell difference. PariDEX provides an advanced platform for easy, tax-free, fast and cost-free investing in real-life currencies, stocks and commodities, allowing dozens of currencies, stocks and commodities to exist in both the metaverse and decentralized trading.
Levas stabilize thanks to the algorithmic transfer of price changes in Leva stable cryptocurrencies to PariDEX Coin (PARI), while PARI serves as a reliable deflationary currency fueled by demand for dozens of different Leva stables. The stabilization is done decentralized during the transfer of PARI and Levas which is optionally set to high gas (500000 gas). The profit obtained during the arbitrage and stabilization processes is distributed equally to the sender and the receiver, thus paving the way for extra profitable transfers and also amortizing the gas costs. For example, an investor who wants to invest in gold not only invests in gold at a cost close to zero, but also earns Leva Gold during Leva Gold transfers. This demand on Leva Gold triggers the price of PARI to increase since Leva Gold's price cannot rise with demand due to stabilization. This scenario applies on demands and transfers of tens of Leva. Thus, each Leva becomes a leverage for the price of PARI.
For real-world data, our smart contracts use ChainLink decentralized oracles. ChainLink adds credibility to PariDEX's credibility as a unique decentralized data provider that has been bringing the crypto world to life in the real world for years, where the value of approximately $6.9 trillion worth of decentralized assets is protected by ChainLink. Since all arbitrage and stabilization processes in Leva stabilizations are fully automated, decentralized, no third-hand intervention is possible. Sudden price movements and price manipulations are minimized by the distribution of liquidity to many decentralized exchanges such as QuickSwap and SushiSwap. Ownership of all liquidity was given to the Null Address, thus ensuring that liquidity is locked so that it cannot be opened again. In this way, situations such as rug pull are prevented. As an extra security detail, the PARI and Leva smart contracts are completely open source, so you know what is being done with your money.
PariDEX plans to make the crypto world a less volatile and more reliable place, integrated with the real world. Creating the ideal deflationary cryptocurrency for HODL with PARI and opening real-world assets to the crypto market with Levas is PariDEX's first major step in this regard. Going forward, incorporating more real-world assets into the PariDEX ecosystem is PariDEX's priority. Next, PariDEX plans to increase PARI's deflation with people's freedom by burning PARI in decentralized innovative social systems built by PariDEX. Next, PariDEX will develop decentralized applications and games in the metaverse and take the necessary steps for the deflationary use of PARI first and then Levas in the metaverse.
We look at the financial system completely differently. We see inflation as a serious crime, almost like theft. The problems people experience under the high inflation, the inability of investors to see their way in insecure markets, bubble markets, the need for innovations in the cryptocurrency world, the great underrated discoveries of the cryptocurrency market whose nature has been corrupted by manipulations and centralization, are the sources of our motivation to put the cryptocurrency world at the center of life with new inventions. The cryptocurrency world is old now and is looking forward to a new birth. We want to be the pioneers of this new rising sun. We are believers in the revolutionary side of cryptocurrencies. We see the future as decentralized, fueled by the great inventions of the past. Comfortable investment, comfortable life, and fearless hearts are our only desire. Let's change the world!
At PariDEX we are completely transparent. It is among our basic principles that our holders can access all kinds of detailed information and assistance about our actions and plans.
What blockchain is this hosted on?
What are the advantages of hodling PARI?
Where can I buy/sell a PariDEX Coin (PARI) or a Leva Stable?
What is the advantage of buying any Leva Stable Cryptocurrency instead of the corresponding real-world currency?
How is the mining process of PARI and Leva stables, what is the upper limit of supply?
How is the profit I will receive during the high gaseous transfers (500000 gas) determined?
Rise with PARI! Reliable investment. Stable values. No slippage. No commission. No tax. No price shift. No buy-sell difference. No gas costs. Profitable transfers. Not a parity, It is PARI.