KDX Dao is the first DeFi project of Huobi Heco chain in South Korea. It is a decentralized trading product based on the concept of capital pool and automatic market making. It combines the advantages of low transaction fees of the Huobi ecological chain and the prosperity of the Ethereum ecosystem, supports the "dual mining mechanism" of liquidity mining and transaction mining, and aims to realize a fully functional DEX.
KDX Dao was launched in mid-March 2021, and the first round of funds raised reached 800,000 US dollars. The goal of KDX Dao in 2021 is to form Dao and build a complete ecosystem by co-cultivating cryptocurrency, global DeFi education and 10 high-quality DeFi projects.