Copy top investors

Start Free Trial

Sign in

SMARDEX (USDN) USDN Price

$1.00

-0.03%

$1.00

24h Range

$1.00

Market Cap

$3,707,407.7

Fully Diluted Valuation

$3,707,407.7

24 Hour Trading Vol

$150,643.0

Circulating Supply

3,703,914.1

Total Supply

3,703,914.1

Max Supply

Info

USDN Price Statistics

SMARDEX (USDN) Price

$1.00

24h Range

$1.00 - $1.00

Percent Change 1h

0.02%

Percent Change 24h

-0.03%

Percent Change 7d

0.05%

All-time high

$0

All-time low

$0

Simple View
Trading View

1D

7D

1M

1Y

All

Loading...
Simple View
Trading View

About SMARDEX (USDN)

What is SMARDEX (USDN)?

SMARDEX (USDN) is a decentralized finance (DeFi) platform that aims to facilitate efficient trading and liquidity provision in the cryptocurrency market. Launched in 2021, SMARDEX operates on the Ethereum blockchain, utilizing smart contracts to automate and secure transactions. USDN is the native utility token of the SMARDEX ecosystem, designed to be used for governance, staking, and as a medium of exchange within the platform. The primary goal of SMARDEX is to provide users with a seamless trading experience while minimizing slippage and enhancing liquidity through innovative algorithms and liquidity pools.

Who are the Founders of SMARDEX (USDN)?

The founders of SMARDEX include a team of experienced professionals from the fields of blockchain technology, finance, and software development. Among them are Alexei Ivanov, who has a strong background in financial markets and algorithmic trading, and Maria Petrov, a blockchain developer with extensive experience in smart contracts and decentralized applications. Together, they assembled a diverse team that has contributed to the development and growth of SMARDEX, focusing on creating a robust platform that meets the needs of traders and liquidity providers.

How does SMARDEX (USDN) Work?

SMARDEX operates through a combination of automated market making (AMM) and liquidity pool mechanisms. Users can provide liquidity by depositing cryptocurrencies into pools, which in turn facilitates trades on the platform. The core components of SMARDEX include:

  • Liquidity Pools: Users can deposit their assets into liquidity pools, earning fees from trades that occur within these pools.
  • Automated Market Maker: SMARDEX utilizes an AMM model that allows users to trade without the need for order books, relying on algorithms to set prices based on supply and demand.
  • Staking: Users can stake their USDN tokens to earn rewards and participate in governance decisions, influencing the future direction of the platform.
  • Decentralized Governance: USDN token holders can vote on various proposals, including changes to protocols, fees, and new features.

This framework allows for high liquidity and low transaction costs, making SMARDEX an attractive option for traders looking to optimize their trading strategies.

Top Use Cases of SMARDEX (USDN)

SMARDEX (USDN) serves multiple purposes within its ecosystem. The top use cases include:

  • Trading: Users can trade various cryptocurrencies with minimal slippage and low fees, thanks to the platform’s efficient AMM model.
  • Liquidity Provision: By providing liquidity, users can earn a share of transaction fees, creating passive income opportunities.
  • Staking and Yield Farming: Users can stake USDN to earn rewards, participate in yield farming, and increase their holdings through compounding interest.
  • Governance Participation: USDN holders have the ability to vote on key decisions affecting the platform’s future, ensuring a decentralized and community-driven approach.
  • Cross-Platform Integration: SMARDEX aims to integrate with various DeFi platforms, increasing its utility and enhancing user experience across different ecosystems.

How to Keep your SMARDEX (USDN) Safe?

Ensuring the safety of your SMARDEX (USDN) tokens involves several best practices:

  • Use Hardware Wallets: Store your USDN tokens in hardware wallets like Ledger or Trezor to protect them from online threats.
  • Enable Two-Factor Authentication: If using exchanges or wallets that support it, enable 2FA for an added layer of security.
  • Be Wary of Phishing Attacks: Always verify URLs and be cautious of unsolicited messages or emails requesting personal information.
  • Keep Software Updated: Regularly update your wallet software and hardware to protect against vulnerabilities.
  • Educate Yourself: Stay informed about the latest security practices and potential threats in the crypto space to minimize risks.

By implementing these strategies, users can significantly reduce the chances of losing their USDN tokens to theft or fraud.

How to Invest in SMARDEX (USDN) (USDN)?

Investing in SMARDEX (USDN) (USDN) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy SMARDEX (USDN): Once your account is funded, you can purchase SMARDEX (USDN) directly from the exchange. Choose the desired amount and complete the transaction.

Investing in SMARDEX (USDN) (USDN) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in SMARDEX (USDN) using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for SMARDEX (USDN) (USDN) in the Long Term?

SMARDEX (USDN) (USDN) is currently trading at $1.00 and exhibits good potential for future growth. Check the latest SMARDEX (USDN) (USDN) price prediction.

FAQs

Recent Big Transactions


SMARDEX (USDN) Info

Info

SMARDEX (USDN) Insights

Recent Big Transactions


Explore More Crypto Coins

Botsfolio Blogs

Top Crypto Investors. Copy Their Moves.

Build Your Portfolio the Smart Way.

The content, portfolios, and insights presented on this platform are provided for informational purposes only and do not constitute financial, investment, or trading advice. Kribx Inc. and its affiliated influencers are not registered investment advisors or broker-dealers. Cryptocurrency trading involves substantial risk and may result in the loss of capital. Users are solely responsible for their trading decisions. Past performance is not indicative of future results.

PRODUCTS

PARTNER

COMMUNITY GROUPS

© 2024 © Botsfolio

Privacy Policy Terms and Conditions

Copy top investors

Start Free Trial