Description
5DAX Chain is an EVM-compatible L1 blockchain using Proof of Staked Authority consensus, supporting smart contract execution, decentralized asset issuance, and an integrated DEX for token exchange. Elected validators produce blocks at short intervals, collecting transaction gas fees as rewards with no token inflation. The chain pairs a Tendermint BFT-based DEX layer with an EVM-compatible smart contract layer, enabling cross-chain communication and the FRC20 token standard for asset issuance.