OAX is an ERC20 token developed to fuel an open-source decentralized exchange platform “openANX” which provides an aggregated order book to increase liquidity; holds collateral for asset gateways to reduce credit risk; and features an off-chain, predetermined dispute resolution system governed by the Decentralized Autonomous Organization(DAO) to maximize consumer protection.
Our solution is a next generation cryptocurrency trading platform, introducing Dynamic Trading Rights (DTR) to revolutionise the current trading environment by providing a trustworthy, transparent, safe, and reliable place to exchange ERC20 tokens and other cryptocurrencies that are foreseen to evolve in the future.