SmarDex

A significant threshold has been reached on Paladin Vote, opening a new yield farming opportunity. Users can now: - Provide liquidity for USDN-fxUSD pair on Curve Finance - Stake LP tokens on Protocol FX - Earn dual rewards: * 2030% APR from USDN rebase * Up to 65% additional rewards in FXN tokens The farming interface is accessible through [Aladdin Club](http://fx.aladdin.club/earn). This follows earlier successful farming initiatives on SwapBox L2, which offered various LP staking options with APRs ranging from 21% to 39%.

The $SDEX token distribution is set to undergo a significant reduction in approximately two hours, cutting the distribution rate by 50%. This halving event will impact farming across multiple chains. Key points: - Farming difficulty will double after the halving - Only 9% of total supply remains for distribution over next 8 years - Ecosystem updates include permanent token burning mechanisms This adjustment marks a major milestone in $SDEX tokenomics, potentially affecting yield farming strategies across supported networks.

SmarDex ($SDEX) is implementing major changes to its token farming system: - Farming difficulty will double within 24 hours - Only 9% of total supply will be available for earning over the next 8 years - New ecosystem updates will introduce permanent token burning mechanisms These changes aim to create a more sustainable tokenomics model. The reduced token distribution rate, combined with burn mechanics, suggests a strategic shift in $SDEX's long-term supply management.

SmarDex introduces sUSDN (seed USDN) tokens ahead of USDN's January launch, partnering with Enzyme Finance. Key features: - Each sUSDN is backed by sUSDe, offering dual yield potential - Trading available on SMARDEX.io/swap at ~$1.12 per token - Two farming campaigns launched: 1. sUSDN/SDEX Liquidity Pool 2. sUSDN Staking Pool *Note*: Users should monitor price impact due to initial limited liquidity. A minor display bug in the staking campaign interface is being addressed, though smart contracts remain unaffected. By early 2025, backing will transition from sUSDe to USDN.

SmarDex has released an upgraded LONG module for their Decentralized ETH Perpetual trading platform. This follows October's testnet updates which included: - Funding Rate history tracking - Asset price display improvements - Enhanced leverage controls - Wallet token address integration The platform continues to build on its multi-chain DEX infrastructure, focusing on mitigating impermanent loss risks. Visit smardex.io/USDN to explore the new features.

**SmarDex Update:** - Several bugs have been fixed as of October 2, 2024 - Users are advised to perform a hard refresh of their browsers This update follows a similar bug fix release on October 15, 2024. The development team continues to improve the platform's performance and user experience. **Action Required:** Please ensure you hard refresh your browser to access the latest version of SmarDex with these bug fixes implemented.

SmarDex has launched Phase II: Discovery with several key improvements: - Implemented a router for ETH collateral deposits, reducing transaction count - Deployed an Analytics page at https://smardex.io/usdn/analytics - Enhanced UX/UI and overall stability The team acknowledges some minor status bugs and is actively addressing them. Key features: - ETH collateral router - New Analytics page - Improved user experience - Enhanced stability Users are encouraged to try the updated platform. Stay tuned for further improvements in Phase II.