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FAQ

  1. What is OrangeDX?

Answer: OrangeDX is a comprehensive BRC-20 DeFi platform offering trading, bridging, staking, lending, borrowing, launchpad, and much more. We empower users to access diverse DeFi opportunities on Bitcoin with ease and maximize their potential earning power.

  1. What makes OrangeDX unique?

Answer: What sets OrangeDX apart from the crowd is its all-encompassing approach. While other BRC20 projects often focus on just one aspect, such as being a launchpad, bridge, or DEX platform, OrangeDX combines all these functionalities within a single, unified platform. It's an all-in-one solution that serves as the go-to hub for the entire BRC20 ecosystem. This unique integration of diverse features makes OrangeDX a comprehensive and versatile platform that caters to the diverse needs of the crypto community.

  1. Who is the team behind OrangeDX?

Answer: Our team consists of seasoned blockchain and DeFi experts with extensive experience in development, finance, and community building. We are passionate about creating a robust and accessible DeFi ecosystem for everyone.

  1. When is OrangeDX launching?

Answer: We are currently in development and plan to launch our token, O4DX, in Q1 2024, followed by the phased rollout of platform features throughout the year. Stay tuned for updates on our website and social media channels.

  1. Is OrangeDX safe?

Answer: Security is our top priority. We implement industry-leading security protocols, regular audits, and robust infrastructure to ensure the safety of your funds and assets.

Token and Revenue:

  1. What is the O4DX token and its utility?

Answer: O4DX is the native token of OrangeDX, powering the platform's ecosystem. It grants you access to all the features in the platform like Trading, Bridging, participating in IDOs and potential rewards through staking and other functionalities. It also gives the voting rights in the DAO governance system.

  1. How can I earn with O4DX?

Answer: You can earn with O4DX through various avenues: staking your tokens in liquidity pools to generate yield, participating in IDOs and ILOs on the launchpad, lending your tokens to earn interest, and benefiting from potential buybacks and community rewards.

  1. How does OrangeDX generate revenue?

Answer: We generate revenue through a combination of fees from multiple product features on the platform, such trading fees, bridging fees, lending/borrowing fees, and launchpad fees. A portion of this revenue is dedicated for O4DX token buyback and rewards distribution in the staking pools.

Platform and Features:

  1. What features will be available at launch?

Answer: At launch, you can expect core functionalities like AMM trading, Bridge, staking pools, and launchpad access. Additional features like lending/borrowing, Perpetual DEX trading, DEX aggregation, and NFT launchpad will be released progressively throughout the roadmap.

  1. Is OrangeDX beginner-friendly?

Answer: Yes, we are committed to making DeFi accessible to everyone. Our platform is designed with user-friendliness in mind, featuring intuitive interfaces, clear instructions, and educational resources to guide you every step of the way.

  1. What is Your Project Marketing Strategy?

Answer: Our go to project marketing strategy is catered to focus on acquiring users via organic reach. Since the product itself is relatively new, our go to marketing strategy will be a combination of Content(Viral Loop), Cross Community and Engagement campaigns complimented by our vast network of KOLs and investors.

-Our main focus is to make sure people understand our value proposition which will be done via content strategy ensuring that the content, distribution and infrastructure of the contents are specific and on point. Together with viral loop campaigns to make sure it reaches a wider range of audience.

- Cross Community marketing. We are all up for the growth of the ecosystem so we will be having a lot of cross community activities and collaborations.

- Engagement Campaigns: We will have multiple engagement campaigns ranging from beta testing, referrals, whitelisting, trading competitions, DAO selections, etc. All the campaigns will be tailored in an intricate way whereby the main focus and outcome will be to onboard users.

- All of the contents and activities will be complimented by our vast network of KOLs. All KOLs will be strategically used to push contents and activities to their community.

  1. What Technologies has Your Projected Created and Used?

Answer: Our platform utilizes a combination of established and emerging technologies across both Bitcoin and Ethereum:

Bitcoin:

  • Ordinals protocol for asset representation.

  • BRC-20 tokens.

  • Multisig wallets for enhanced security.

  • Full node indexers for efficient data access.

  • Bridge connecting Bitcoin Blockchain to EVM chains (non evm chains in the pipeline)

  • Escrow lock contracts for bridge.

  • Unisat wallet integration for secure transactions and user convenience.

Ethereum:

  • ERC-20 tokens.

  • Uniswap v2 fork with automated market maker (AMM) experience.

  • Locked, flexible, and farming staking options.

  • Launchpad for launching new projects.

  • Vesting mechanisms for controlled token distribution.

Tech Stack:

  • Programming languages: Rust and Solidity.

  • Development frameworks: Next.js (front-end) and Solidity and Hardhat (smart contracts).

  • Other tools: Ord (Ordinals integration) and MongoDB (database).

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