WhaleEx, World’s First EOS Mainchain Based DEX, Explains Its Underlying Logistics

On August 18, 2018, WhaleEx, the EOS decentralized exchange was invited to attend the HelloEOS national roadshow in Shanghai. WhaleEx proposed the model of free trading on the currency and got high attention from various quality projects. It may make the history of the transaction, ridding of the phenomenon where high listing and trading fee results in the prevalence of bad currency.

WhaleEx CEO Charlie believes the EOS ecosystem is like the ocean, where WhaleEx is the giant whale and the participants in the EOS community are the partners. Though it is at the early stage of the whole EOS ecosystem, WhaleEx will contribute itself to develop a mature and healthy community by setting a BP section for the nodes which will timely update nodes’ latest news and show their efforts done for the whole community.
WhaleEx is initiating “EOS World Tour 2018”, planning to cooperate with global nodes to promote faith, to unify consensus and to stimulate ecological vitality. It provides qualified projects with the opportunity to meet global EOS supporters face to face, increasing the confidence of EOS holders by showing the development of DApps based on EOS mainchain.
WhaleEx announces “Blue Whales Project” and invites 100 global partners to accelerate worldwide adoption of decentralized exchanges. WhaleEx will provide partners with EOS based DEX total solution, including on-chain trade clearing, cross-chain asset migration, global market makers, and the technology of integrated user ID system.
Charlie said the key investment at the beginning of the project is supposed to be in technology development instead of listing fee. Therefore, the listing fee should not limit the progress of quality projects. For a fresh industry, it is important to avoid the terrible phenomenon where bad money drives out good money. So WhaleEx supports high-qualified projects, free of listing fee, encouraging the good projects to contribute more energy into research and development, rather than raising money for listing fee and liquidity management.
The strong technical strength makes the system of WhaleEx distinguished in various aspects. WhaleEx's self-developed cross-chain technology makes the migration of outside billion US dollars into the EOS chain possible, bringing huge liquid assets onto EOS to enable seamless migration of ERC20 tokens. By deploying Atom Swap technology, users can quickly complete charging and withdrawing on WhaleEx platform. As for the aim of efficient trading, WhaleEx has developed off-chain trade matching engine to instantly respond to trading requests, being capable of handling millions TPS in real time.
WhaleEx adopts a three-key strategy to ensure the security. Assets are reserved on the chain so that no one can get access to the users’ assets. The clearing of funds based on smart contracts protects that each transaction is processed under a transparent environment and is signed with a unique private key and no one can tamper with or falsify transaction data. WhaleEx is about to go live now and it will inject quality new stream into the EOS ecosystem as the first decentralized exchange based on EOS mainchain.

WhaleEx Official Website: https://whaleex.com/
WhaleEx Official Twitter: https://twitter.com/WhaleExchange
WhaleEx Official Telegram: https://t.me/WhaleExGroup
WhaleEx Official Medium：https://medium.com/@whaleexchange