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A seasoned team launched SourceMotion Exchange, combining it with the MSB compliance system to create a Binance Chain ecosystem-based decentralized trading platform with order book functionality.

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With the continued development of decentralized exchanges, compliance and security are becoming core issues of concern for users.

Recently, One Liquidity Protocol (Chinese name: 源动交易), initiated by a team of senior trading systems and blockchain technology experts, announced its project progress. The project is positioned as an orderbook decentralized exchange (DEX) built on the Binance Smart Chain (BSC) ecosystem and is promoting its global expansion within a compliant framework.

The Yuandong Exchange team stated that compliance was incorporated into the project's architecture design phase, and the relevant entities have completed FinCEN MSB (Money Services Business) registration in the United States to support cross-regional compliant operations, risk control system construction, and subsequent ecosystem expansion. This compliance framework provides a solid foundation for the project's long-term development in the global market.

From a technical perspective, Yuandong Exchange adopts an architecture design that combines order book-based order placement with off-chain matching and on-chain settlement, balancing trading efficiency and asset security. User assets are always controlled by on-chain contracts, and the platform does not hold escrow funds, reducing centralization risks. Through the order book mechanism, trading prices are formed by real buying and selling, improving transparency and market fairness.

In terms of mechanism design, SourceExchange introduces a dual-token model, a node system, and a DAO governance mechanism to serve the long-term development of the Binance Chain ecosystem. The project team stated that SourceExchange is not a short-term trading product, but rather aims to gradually grow into an important trading infrastructure-level protocol within the BSC ecosystem, providing support for more professional on-chain trading scenarios within a compliant framework.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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