DeFi project DYMMAX closed softcap 25 minutes after the start of the token sale and is holding a new competition
The DYMMAX protocol for issuing DeFi options without full collateral attracted softcap in the first 25 minutes after the start of the initial exchange offering (IEO) on the Probit crypto exchange launchpad. DYMMAX - is a new decentralized protocol for issuing DeFi options based on a pricing model developed by Stanford University scientists and refined by the project team.
Through DMX, the community will choose new trading tools, fees, and blockchains to integrate with the DYMMAX protocol. In the meantime, the platform offers to participate in the competition, help them choose a blockchain for further development: After the completion of the IEO, DMX tokens will list on Uniswap, 1inch and others decentralized crypto exchanges.