Introduction
At EMDX, our unwavering vision is to create a next-generation, compliant platform that offers global access to derivative trading on Emerging Market and Real-World Assets (RWA). We firmly believe that these assets hold immense potential for growth and play a vital role in shaping the financial markets of the future.
As we continue to evolve our platform, we are aligning our strategy to focus predominantly on derivatives linked to these assets. This shift allows us to direct our resources, expertise, and innovation towards building a robust ecosystem, deepening liquidity, enhancing trading experiences, and fostering a stronger marketplace.
Weaving the TradFi <> DeFi fabric
Over the past months, our team has been diligently planning, designing, and developing EMDX v2. While DeFi protocols have transformed crypto-asset markets, our aim is to apply these innovations to traditional financial markets like forex, equities, and bonds, introducing Institutional DeFi. This fusion combines DeFi’s efficiency with regulatory and customer protection measures crucial for mainstream financial adoption.
In response to these challenges, we are thrilled to unveil some of the standout components of our upcoming platform.
Key Features
While EMDX v2 boasts a range of essential features, functions, and specifications, it’s important to note that they won’t all be rolled out simultaneously. Many of these components require thorough testing and fine-tuning in isolation before they can seamlessly operate in unison. Therefore, you can expect these attributes to be gradually integrated into the EMDX protocol over time.
1. Real-World and Emerging Market Assets
The launch of our state-of-the-art subnet infrastructure will include Perpetuals on fiat-based pairs, spotlighting currencies such as the Turkish Lira, Brazilian Real, and Argentine Peso.
2. Futures Contracts
EMDX’s forward-looking strategy gains momentum with the introduction of web3 futures contracts on WRA. This helps bridge the gap between the novel and well-established, inviting traditional financial operators to engage in familiar terrain.
3. Orderbook Exchange Model
EMDX aims to pioneer a new era of decentralized order book exchange. The decentralized order book (DOB) foundation grants users access to unparalleled order types and advanced trading techniques, mirroring those found in traditional financial systems.
4. Open and Interoperable Network Architecture
The EMDX subnet has been built following 2 foundational rules: efficiency and openness. The result is a framework that merges public permissionless networks with a compliance-conducive environment, applying specific permissions to different participants.
5. Multichain and Web2 Interconnection Support
EMDX’s web3 financial hub prioritizes blockchain interoperability. Interoperability protocols establish foundational abstraction layers, streamlining interactions between traditional backends and on-chain environments. We seamlessly integrate premium third-party middleware for web2 and web3 intercommunication through a unified blockchain solution.
6. Compliance Solutions
Built-in AML-KYC
For institutional clients, our platform is equipped with efficient tools to ensure regulatory compliance, fostering institutional liquidity and a secure trading platform.
Reliable Nodes and ID Tokens
Agent firms serve as reliable nodes to issue Checked ID Tokens (IDTs) to authorized traders and stakeholders. These IDTs are stored in specialized wallets, linked to trade commands. On-chain validation ensures only commands with valid tokens are approved.
Meeting Regulatory Requirements
- Data visibility is maintained with wallet addresses revealed while identities remain undisclosed. Transaction information is stored on a public blockchain but remains concealed from uninvolved parties.
- Market-wide circuit breakers are implemented to provide cross-market trading halts during severe market declines.
- Our development principles align with international standards, including those of the International Organization of Securities Commissions (IOSCO) and Bank for International Settlements (BIS). We are committed to adhering to the Principles for Financial Market Infrastructures (PFMI), applicable to systemically important financial entities.
Closing thoughts
In conclusion, EMDX v2 marks a significant step towards realizing our vision of creating a powerful and compliant ecosystem for institutional DeFi. We’re excited to be on the brink of this major event for the EMDX community.
We thank our community for their continued support. Stay tuned for more updates as we work together to shape the future of finance.
