Development of a Ukrainian Stablecoin Called "Cryptohryvna"® (UAX token) to Promote All the Advantages of Blockchain Technology

Kuna Exchange is the best way to buy and sell cryptocurrency in Eastern Europe.

Business Task

Development of Backend and SmartContract for the UAX token®. The project objective was to simplify crypto transactions in Ukraine and reduce barriers to cryptocurrency usage for people who have never used them before.


The Dysnix team developed a backend API and a customized SmartContract based on the ERC-865 standard to serve the StableCoin with Delegated Transfer support. The developed solution turned out to be a competitive one in the stable coin market, such as USD and EURO. UAX is the most secure, scalable, and flexible cryptocurrency. It's integrated into the platforms that are crypto-exchange leaders: Paytomat and Trustee.

Value delivered by Dysnix

The crypto community highly appreciated the solution developed by the Dysnix team. It usually has a positive impact on the success of blockchain projects and their promotion.

Project duration
Our team
Technologies used








Services provided

SmartContract development with Delegated Transfer support

Backend API development to support Delegated Transfer

Admin panel development for the Cryptogryvny® administration

Multi Sign Contract integration for the distributed control of UAX

Support for integration into Paytomat and Trustee

Development and implementation of server infrastructure