The Vites project is an ambitious platform where cryptocurrencies are used to perform a variety of market-based functions. The Vites Ecosystem brings employment, trade, and its very own exchange together on one platform.
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.