DEX

Definition

A Decentralised Exchange or DEX is a digital marketplace that allows users to transact fungible or non-fungible tokens through direct, peer-to-peer transactions, over a online platform without an intermediary.

It differs from a traditional centralized exchange, where a typical transaction involves a third-party entity (e.g. bank, trading platform, government institution, etc.) that takes custody of user funds, and oversees the security and transfer of assets between two parties.

Market Efficiency

In order for the DEX to function efficient with liquidity and trust, Decentralrealty is working to develop a robust methodology that will scale verification and validation of attributes of each real estate NFT so that these attributes can be relied upon to determine the pricing of each real estate against competing NFT's.

To achieve this goal requires an Automated Regression Market Marker (ARMM). This novel concept is still being trialed in Voluntary Carbon Markets supported by the Hedera Foundation.

Abstract. We formalize ‘degrees of fungibility’ by differentiating goods according to both their underlying attributes and the perceived value and/or usefulness of those attributes to a value assessor. This allows us to distinguish between goods that appear to be ‘exactly the same’ from those goods that appear to be ‘nearly the same’. Such a distinction is of particular importance in the design space of digital goods, which may exist both natively in the digital space and as surrogates, i.e. as digital representations of physical goods. We provide motivating examples where digital objects are too fungible for certain desired uses, and proceed to develop a formal framework under which degrees of fungibility can be defined and characterized. We close by bridging this framework to applications in machine learning and market design.

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A Practical Theory of Fungibility.pdf

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Introducing Automated Regression Market Makers (ARMMs): A New Price Discovery Mechanism for…Medium

Testing ARMMs in ProductionMedium

Hsuite NFT DEX

Decentralrealty has chosen to launch project tokens on the Hsuite Launchpad. More information is available at https://docs.hsuite.finance/defi-services-and-features/decentralized-exchange. Hsuite also plans to launch and NFT DEX which will be ideal for Decentralrealty's Real Estate NFT's to be traded in a secondary market.