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What is Drax?

The purpose of Drax is as a Liquidity Pool wrapper for the Dark Magic token ecosystem.

Full description of Drax

The purpose of Drax is as a Liquidity Pool wrapper for the Dark Magic Token ^(?) ecosystem. The concept is to give it significantly more flexibility in future use-cases, as well as possible Exchange (or Cryptocurrency exchange) ^(?) listings/ease of providing liquidity. Potential secondary use cases include a secondary market for LP’s outside, aggregator listings, self-sustaining ecosystems onboarding, and other gamification elements as we create additional LP wrapper tokens in the ecosystem. To put in in less technical terms: It makes life easier for everyone in managing LP tokens; both for project developers to create value-add and community members. The only way to acquire Drax is to mint it by locking your Dark Magic / axMATIC LP into the Drax smart contract to mint Drax, or buy Drax on a Dex.

• Official website
• Official whitepaper

• Exchange symbol ^(?): DRAX
• Cryptocurrency type ^(?): Token ^(?)

Drax for developers

• Block explorer ^(?): https://polygonscan.com/token/0x1ba3510a9ceeb72e5cdba8bcdde9647e1f20fb4b
• gitHub: https://github.com/DeFi-Magic/dark-magic

Drax social sites

• Medium: https://defimagic.medium.com/
• Telegram: https://t.me/defimagic
• Twitter: https://twitter.com/defi_magic

 Source: NOMICS

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