BLOCKS aims to provide efficient liquidity across various blockchain platforms for members of the DAO to efficiently transact. To do so, our primary strategy will be to list directly on Decentralized Exchanges, “DEX”.
Most DEXs are decentralized by replacing order books with an Automatic Market Maker (AMM). An AMM is a smart contract that regulates trading. Since smart contracts are decentralized, users do not have to trade the order book of an exchange. Instead, they effectively trade with other users.