ChainGPT Labs has recently announced a thrilling partnership with DEXTools. The collaboration between ChainGPT Labs and DEXTools focuses on releasing DEXT Pad, an advanced forum for top-tier Initial DEX Offerings, providing transparency and more accessibility for investors to interact with prominent DeFi projects. The platform took to its official X account to reveal this development.
đź‘€ Big collaboration news!
We’re joining forces with @DEXToolsApp to launch @DEXTPad, the ultimate launchpad for tier 1 IDOs! 👀
With DEXTools’ massive community and reach to millions of users from their ecosystem, combined with our advanced tech, we’re creating the best… pic.twitter.com/SAr3EBuJzB
— ChainGPT Labs (@ChainGPT_Labs) October 14, 2024
ChainGPT Labs Joins Forces with DEXTools to Innovate DeFi Investment with DEXT Pad
ChainGPT Labs mentioned that resulting from its partnership with DEXTools, DEXT Pad intends to democratize DeFi access. Mostly, just a few among the first investors can avail themselves of the most promising projects, leaving minor players out. However, DEXT Pad pays considerable attention to changing this. Thus, it offers similar opportunities to large as well as small investors. In this regard, it does not distinguish between the investors in line with the location or the capital amount they have. The decentralized nature of the platform permits worldwide IDO participation. This opens the way to wider DeFi engagement.
DEXT Pad will offer a stringent vetting procedure to guarantee that only innovative and high-quality projects come to the platform. This increases transparency as well as equality while assisting promising projects to get funding and visibility. KIMA Network, a well-known protocol for the transaction of money across ecosystems, will lead as the earliest project on DEXT Pad. It reportedly fills the gap between the decentralized finance and traditional finance sectors. As a result of this, it streamlines cross-financial system transactions to enhance usability and security without depending on smart contracts.
DEXT Pad to Launch on October 14 in Line with Compliance with Worldwide Regulations
DEXT Pad’s launch will reportedly take place on the 14th of October. Interested members can begin by accomplishing a Know Your Customer procedure via Blockpass. This will guarantee compliance with worldwide regulations. The powerful synergy of ChainGPT’s AI technology and market insights of DEXTools permits DEXT Pad to revolutionize the DeFi investment.