{"id":32359,"date":"2020-11-25T18:45:05","date_gmt":"2020-11-25T16:45:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32359"},"modified":"2025-08-28T08:13:25","modified_gmt":"2025-08-28T05:13:25","slug":"money-on-chain-launches-decentralised-exchange-tex-on-bitcoin-sidechain-rsk","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/money-on-chain-launches-decentralised-exchange-tex-on-bitcoin-sidechain-rsk\/","title":{"rendered":"Money on Chain launches decentralised exchange Tex on Bitcoin sidechain RSK"},"content":{"rendered":"<p>The Bitcoin-collateralised DeFi protocol developer Money on Chain announced the launch of the automated decentralised exchange Tex based on the RSK protocol.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/t.co\/i5T8bi4wqa\">https:\/\/t.co\/i5T8bi4wqa<\/a> is live, more pairs in the comming days. <a href=\"https:\/\/twitter.com\/moneyonchainok?ref_src=twsrc%5Etfw\">@moneyonchainok<\/a> <a href=\"https:\/\/twitter.com\/RSKsmart?ref_src=twsrc%5Etfw\">@RSKsmart<\/a><\/p>\n<p>\u2014 Maximiliano Carjuzaa \u26a1 (@maxcarjuzaa) <a href=\"https:\/\/twitter.com\/maxcarjuzaa\/status\/1331607656423940098?ref_src=twsrc%5Etfw\">November 25, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Money on Chain representatives, the new platform is distinguished by its own unique approach to the order book.<\/p>\n<p>The platform processes orders in batches at intervals of several minutes. Each execution (cycle) corresponds to the orders submitted to the blockchain.<\/p>\n<p>A trade in a cycle is executed at the same average price across all orders presented by traders. The limits indicate the maximum or minimum acceptable price.<\/p>\n<p>Tex also integrates oracles to monitor price changes between cycles.<\/p>\n<p>In 2019, Money on Chain launched a DeFi platform built on the Bitcoin sidechain RSK to create lending products.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"CWHrYtdRBR\">\n<p>What are sidechains and how do they work?<\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u00abWhat are sidechains and how do they work?\u00bb \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/cryptorium\/sidechains-faq\/embed#?secret=oMTiTtVnx3#?secret=CWHrYtdRBR\" data-secret=\"CWHrYtdRBR\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>In April 2020, the Uruguay-based project unveiled the RIF on Chain platform with three tokens that interact with one another, issued on the RSK network.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin-collateralised DeFi protocol developer Money on Chain announced the launch of the automated decentralised exchange Tex based on the RSK protocol.<\/p>\n","protected":false},"author":1,"featured_media":32360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,787,2034,488],"class_list":["post-32359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-dex","tag-rsk-labs","tag-sidechains"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32359"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32359\/revisions"}],"predecessor-version":[{"id":32361,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32359\/revisions\/32361"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32360"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}