2 | P a g e
What is Co-DEX ……………………………………..
Our Technology……………………...…………….…
No Fees ……..………………………………………..
Multiple Order Fulfilment …………………………..
Market Order and Limit Order ………………………
Cross-chain transactions ……………………………
Co-DEX Token (COD1) ………………………..…
Distribution & Allocation …………………………...
Token Contribution …………………………………
Finances Breakdown ………………….……………..
Our Vision …………………………………………...
Conclusion …………………………………………...
3 | P a g e
As opposed to currency-centric exchanges
which are built on top of a singular blockchain
platform such as Ethereum, and which have the
limitation of escrowing only ERC-20 assets, Co-
DEX, by virtue of implementing and building upon
the IBC innovation created by the Cosmos
Network, will become an currency-neutral
exchange, meaning it’s architectural type will
allow a connectivity between different native
cryptocurrencies, users not having to limit
themselves to a specific currency system.
Co-DEX - the first NO FEES decentralized
exchange, based on the IBC innovation provided
by Cosmos Network, no more relying on a third-
party service which holds customer's asset is
necessary, an automated process called “smart
contracts” allowing the trades to happen directly
between users.
Co-DEX is the decentralized exchange
(DEX) of the Future. It guarantees the highest
possible security, full transparency and open
source logic using the interoperability of Cosmos
Network, Co-DEX will supports not only all
Ethereum based tokens, but using the concept
for the cross-blockchain features, Co-DEX will
allow you to trade any tokens regardless of their
native underlining blockchain making it easier for
you, the user, to thrive in the crypto landscape.
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Co-DEX will implement a system where
anonymity and privacy are the key components,
security, of course being the main aspect, every
transaction will be carried out following the
necessary protocols to ensure the utmost
efficiency, promptitude and security.
Governments have been shown to try to
exert control over centralized exchanges, users
having to answer to authorities that can and have
been shown to track and tax these users, or even
go to such lengths as to ban certain types of
cryptocurrencies, problems that don't reach the
sphere of decentralized exchanges.
Heighten scalability will allow for future
upgrades, thus our systems will always keep
pace with the new innovations and revolutionary
features that are developed. To further show our
user-friendly oriented approach, Co-DEX will
provide everyone an easier means to access and
use the platform by integrating and generating
the necessary compatibilities for Metamask and
Ledger users.
The main argument over other existing
decentralized exchanges which Co-DEX brings
to the table is the fact that it will take full
advantage of the innovations and features of the
COSMOS Network, ensuring a plenitude of
tokens and coin being able to be traded
regardless of their native blockchain.
Also, you can opt to have your funds
secured through the decentralized wallet
applications, Co-DEX Wallet, which will store
private keys only on your device, so traders can
retain full control over their funds and private
keys. Our DEX is made by the blockchain
community, for the blockchain community, with
support from Co-DEX Foundation developers, as
part of advancing our mission to spread the
freedom of money.
5 | P a g e
Other platforms request elaborated procedures and practice substantial fees that make trading very
difficult at times, Co-DEX ensures that the users will benefit from a simplification of procedures and with our
policy of “Community First”, Co-DEX will practice NO FEES on top of the necessary gas or transaction
costs that validate the transaction on the blockchains. We will provide a platform that is efficient, the user
will only be charged the amount needed to cover the costs of the transaction, thereby giving you the option
to have more control over the fee service system. We here at Co-DEX, want to create a service with the
community, by the community, for the community, our orientation is on growth and facilitating users to feel
at home when using the Co-DEX platform.
6 | P a g e
Our focus is to provide the best user-friendly oriented approach, thus we will be offering a Multiple
Order Fulfillment platform for a more cost-effective and less time wasting trading experience. You will only
get charged for one single transaction, although you will be able to set an order for a specified amount and
our smart contract system will oversee all the necessary multiple transactions, if needed, to ensure that the
order is executed.
We provide both possibilities to ensure for a better satisfaction of your needs, either place a Market
Order to buy or sell a stock at the best available price, thus assuring it is normally executed on an immediate
basis OR you can use a Limit Order, which will allow setting the price at which you want to buy or sell the
stock, the trade thus will only get executed when the price breaches the level that has been specified.
7 | P a g e
Cross-chain transactions is the most
important feature when it comes to this project.
Since every blockchain has its own ecosystem,
one of the most difficult and unsolved for many
years, problem, was finding a way for all of these
blockchains to communicate and to operate
together. Using the revolutionary IBC features
developed by Cosmos Network, we strive for a
unification under a decentralized and secure
platform, thus providing you, the user, a base for
trading your assets from different blockchains. As
such, you’ll often hear these cross-chain
protocols referred to as using an “Internet of
Blockchains”, because they will be using a
network of Blockchains which are all
interoperable, these blockchains finally will have
the ability to “speak” to one another because they
will be integrated in a standardized way. If
technology can achieve this goal, it means that
you’re going to be able to speed up innovation
based on the fact that people too will be
innovating on individual blockchains, which will
also further improve other aspects such as
scaling, etc.
This means that the technology won’t rely
on third-party connectors in order to transfer
value from one chain to another. It’ll be built into
the protocol itself. Token trading will be more
efficient on Co-DEX than in any centralized
exchange because blockchains in the Cosmos
Network will be taking advantage of the benefits
of using the features provided by the Tendermint
consensus which is much faster than PoW. It
would only take seconds to finalize a deposit. In
addition, a proper decentralized exchange
connected to the Cosmos Hub with order book
support will be more secure than any centralized
exchange, so it’s inevitable that the market will
evolve toward the Cosmos model.
8 | P a g e
Co-DEX Token (COD1) has several uses:
The platform will host other IDOs, participation
in these IDOs requiring user to hold COD1
tokens.
Setup costs for these future IDOs, will
generate liquidity for the COD1 token.
Co-DEX will ensure periodical buyback
programs to stimulate liquidity.
Users will be able to use COD1 as a means of
payment towards third parties, if such future
collaborations will arise.
After new tokens are listed, we will provide an
airdrop to all COD1 holders, proportionate to
the amount of COD1 each user holds.
Token name - Co-DEX
Token symbol - COD1
Total supply – 250,000,000 COD1
Token type - ERC-20
Token initial value – 0.05 USDT
Token Decimals – 18
Co-DEX’s intention is to allow a broad base
of community members to participate in the IDO
planned on our Dex. Co-DEX cannot guarantee
that all prospective interested parties will be able
to obtain their desired allocations during the
Private and IDO phases, where the total
maximum cap will be approximately the
equivalent of $5 million. The amount of tokens
available during the Token Contribution will be
100,000,000 COD1.
There will be a two phased airdrop. Phase
one of the airdrop will be deployed towards the
first 20,000 Co-DEX community users.
The second phase of the airdrop will occur
in the first month and will affect every unique
address that meets the trading volume
conditions. The maximum amount of tokens each
unique address can receive is 500 COD1.
Therefore, the first 20,000 users that meet the
trading volume requirement will be affected by
the airdrop.
The total amount of tokens available for
Airdrop and for the Bounty Program will be
25.000.000 COD1.
The distribution and allocation of the tokens
for the Airdrops and Bounty Program will be
communicated before the implementation of
every phase. Feedback from the community
might lead to certain possible changes and
corrections, which will be communicated swiftly.
The amount of tokens for the team, the
advisory board, marketing as well as the tokens
allocated as reserve will be locked for a period of
one year. Reaching the hard cap, the intended
token distribution will be as follows:
40%
25%
10%
10%
15%
Co-DEX TOKEN METRICS40% Token Contribution
25% Team & Advisors
10% Marketing
10% AirDrop & Bounty
15% CoDEX Reserve
9 | P a g e
The Token Contribution will be comprised of two different phases as follows:
90.000.000 COD1 will be available in the Private Contribution as follows:
Minimum individual cap: the equivalent of 5.000 USDT in ETH/ BTC/ ATOM
Maximum individual cap: the equivalent of 50.000 USDT in ETH/ BTC/ ATOM
Tokens obtained during the Private Contribution will benefit from a 25% discount .
The allocation of the Private Contribution tokens will be as follows: 25% tokens after end of
phase II (IDO), then after 30 days, each private contributor will receive the rest of the 75% tokens
as a daily allocation of 0.1% per day.
A minimum of 10.000.000 COD1 will be guaranteed for the IDO as well as any other remaining
tokens from the Private Contribution. Phase II will take place on our platform and will be open for thirty
days, but will end immediately after all the tokens have been covered by the contributors. After a
period of thirty days, any remaining tokens will be burned. After the end of Phase II, all tokens obtained
in the IDO will be unlocked.
10 | P a g e
The majority of funds will be used to continue the research & development of the exchange, while the
remaining portion will be used to raise awareness about the decentralized exchange.
Some of the key costs include:
Technical Development Costs – will mainly be allocated to employee salaries and contractor
costs for developing and securing the software.
Marketing and Communication Costs – getting the attention of target audiences by using
slogans, packaging designs, celebrity endorsements and general media exposure.
Accounting and Legal Costs – for the work associated with auditing and compliance within
the jurisdictions the Co-DEX team operate in.
Office and Indirect Costs – for office space as well as other employment related costs.
Event Hosting and Sponsorship – to spread awareness about Co-DEX through attending
or sponsoring various events.
11 | P a g e
Co-DEX is exchange made by the
blockchain community, for the blockchain
community, with the support of the Co-DEX
Foundation developers, which aims to meet the
many expectations and challenges raised by the
community while becoming a tool in furthering the
mission to create a world of free movement of
funds and assets.
The decentralized exchange is built on top
of the Cosmos Network, which is developing a
community initiative, and will use the Co-DEX
Coin (COD1) as a native asset. Our goal is to be
able to make the decentralized exchanges widely
used and the main method of trading crypto
assets. Our vision is to provide the best services
to our clients, from a user- friendly interface,
focusing on an easier, more intuitive approach, to
a heightened performance and a more improved
user experience.
Arising from inside the community, Co-DEX
will, in itself, become a strong community opened
to everyone who shares our vision and our strive,
to create a better platform for the people. Our
main task is to develop a decentralized
technology for cross-chain transactions, building
upon the many innovations of the Cosmos
Network, which ultimately will benefit everyone,
by providing an easier, more secure and more
intuitive way of trading and administration of
assets for you the user.
12 | P a g e
Co-DEX project aims to create and provide to the world, the full power of decentralized exchanges
and capitalize on the interconnectivity and interoperability of cross-chain features. We will write the right
path for all traders, blockchain enthusiasts and future generations. We dream about full transparency, high
security and peer to peer exchanges without the risk of having to trust third parties and additional taxes. We
aim to put back into the people’s hands, the much needed financial independence. If you share our beliefs
and you have similar dreams, you can support our project, join our groups and take part in Co-DEX and the
coming blockchain revolution. Together we will bring about the much needed change for a brighter future
for our own and the next generations of traders and crypto enthusiasts.
“The past cannot be changed. The future is yet in your power.”