DEX Waves closed to restart as a hybrid cryptocurrency exchange

A decentralized market Waves today stopped working, but almost immediately resumed its operation as a hybrid cryptocurrency platform to the new domain.

The process of migration Waves from DEX to the new platform in Waves.The Exchange started on Monday, December 2 at 07:00 GMT and has been «successfully completed.»

The transition to the new platform was announced in early November. If users have any questions about the migration process, the answers can be found in the project blog.

According to the company, the new trading platform combines the inherent decentralized exchanges the irreversibility of the transactions, security and user control over the funds and properties of the centralized trading platforms.

Well as representatives of the Waves announced that the team will now be focused on developing a better Protocol, which includes both public and private implementation and on sharding and the development of infrastructure.

Marketing development and support to implement a separate structure, in which there are former members of the core team Waves.

«Waves DEX was sort of a prototype. Now, after two years, she grew up and became a separate project. Came time to focus on the development of a Protocol and send the exchange a separate team. This will allow us to combine all infrastructure teams into one unit, to synchronize the development and bringing a product to a new level,» said Waves CEO Alexander Ivanov.

Future plans Waves.Exchange include affiliate program and the program of market makers, adding support USDT Tether, as well as the creation of «new tools to generate passive income». The latter involves, among other things, the ability of staking tablconv «very low risk».

Earlier today on the complete cessation of work announced a decentralized exchange CryptoBridge.


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