1) Thanks for coming by this evening. Can you give an introduction of yourself?
I’m Grant, head of community for Kaddex, a decentralized exchange we’re building on Kadena. I’ve previously worked in other DAOs, and on projects like Fei Protocol as a community lead.
2) Tell us more about Kadena, please. What are your unique selling points?
Kadena is unique in that it is the first successfully sharded of work system. This is revolutionary in that it allows for a strong decentralized system retaining security, speed, and decentralization, effectively solving the blockchain trilemma.
3) Kadena is designed to power global financial systems, as more chains get added it’s supposed to get faster, how have you accomplished this?
This is possible due to the Kadena chain web system. Chainweb essentially allows for more chains to be added into the system without impacting speed or security. Currently, there are 20 chains running on Kadena, and as demand for block space grows, more chains can be added. This is what we mean when we say Kadena is infinitely scalable.
4) What is your product and technology roadmap like?
Kadena is in the midst of launching a new innovative NFT platform that aims to improve upon the idea of non-fungibility. Providing strong immutable records. You also may have seen that Kadena has just announced a partnership with UFO Gaming! This is part of Kadena’s push to join the metaverse and bring NFT’s to Kadena
5) You guys have talked about unfragmented liquidity pools supporting unique incentives and cash flows across exchanges, how do you do this, or how will it benefit your wallet holders?
Kadena has an amazing system called the Kadenaswap AMM contract, which is actually what we use to power Kaddex. Kadenaswap allows for a system of shared liquidity on Kadena that DAPPS can interact with. Kaddex essentially provides a robust front end for the smart contract, and will be a secure decentralized exchange running on Kadena. Kaddex will be completely gas-free for users and has a strong focus on user experience.
Kaddex is also completely gas free for users! This is because of the Gasstation contracts we deploy. We are able to load them with KDA, to actually pay the gas fees of users on Kaddex!
6) How close are you to having the Wrapped KDA on Ethereum, also I believe you are working on as well a wrapped BTC, can you tell us more about the timeline behind this, and what you hope this accomplishes?
Kadena is very close! Wrapping KDA on Ethereum enables users to bring liquidity to Kadena through Defi. This same logic can be applied to Bitcoin as well. Currently, Kadena exists as a bit of a walled garden. It’s amazing technology with an incredibly promising future and we want to ensure that people have access to it.
7) What are your listing plans like?
I’m afraid I can’t give specifics, listings are kept under wraps for regulatory reasons. One of the things Kadena prides itself on is regulatory compliance, while still working to revolutionize crypto. I can say there is stuff in the works though 😉
8) Enlighten us with an inspiring quote, please.
When it comes to crypto, there’s a Gucci mane quote that I always keep in mind.
“The man with the sauce is not lost, but that same man can become lost in the sauce.” Remember to invest carefully, and do your own research into projects. Kadena is building a system with a pact that creates safe Defi. A priority for us is to avoid rugpulls, bad actors operating in the space, and to provide a trusted environment for all users.
Note: Grant is the Head of Community at Kaddex, not Head of Community at Kadena.
