NASDEX is a decentralised exchange (DEX) that enables the trading of Asian stocks on-chain, eliminating the need for multiple centralised accounts. Users can manage equity and crypto through one platform by connecting their wallets. Stocks are tokenised through collateralised debt positions, ensuring flexibility and security. NASDEX incorporates DeFi elements like yield farming, liquidity provision, and fee rebates for enhanced yield opportunities. Its native token, NSDX, lets holders share in DEX profits through mechanisms like buy-and-distribute, buy-and-burn, or direct profit sharing, decided by community voting via the DAO. NSDX is also used as collateral for minting tokenised stocks and grants governance rights, including voting on new stock listings.
