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In simpler terms, it offers a user experience similar to Squid for cross-chain swaps, but achieves it natively in a single step, akin to ThorChain, while maintaining the same level of decentralization as Uniswap.\n\nKey Features:\n\n- Seamless Cross-Chain Trading: GEDEX enables the exchange of any pair of assets in a single step, simplifying the process.\n\n- Single-Side Liquidity: Liquidity Providers (LPs) can contribute a single asset instead of a pair, unlike traditional pools.\n\n- Impermanent Loss Compensation: The one-sided liquidity system, coupled with a novel AMM design, ensures that LPs are compensated for impermanent loss.\n\n- Minimal Fees and Gas Costs: GEDEX's internal trade execution in a single step minimizes user costs.\n\n- Decentralization: It does not rely on centralized stablecoins for liquidity transport between chains.\n\n- Permissionless: Users have the freedom to add any asset to the exchange.\n\n- Enhanced Security: We employ multiple bridges concurrently (Axelar, LayerZero, Chainlink) to verify the authenticity of cross-chain messages. In the event of a bridge being compromised, our protocol remains secure.\n\n- Composability: Other protocols can leverage GEDEX to extend their services and offer a cross-chain experience.", "lastUpdated": 0, "projectGithub": "GE-DEX", "projectTwitter": "ge_dex"}, "recipient": "0x7033a5c2199faceFBf2be27d440F50cBa55fC0B5"}}