Lattice Exchange — A New Paradigm of Decentralized Finance

Hello! In this article, I want to tell you about a very cool and promising project that I recently found! I studied it very carefully and I really liked what the project team is doing! And today I will tell you everything that I could learn about the Lattice Exchange project.

About Lattice Exchange

Lattice is a Decentralized Finance (DeFi) application built on Ethereum blockchain. Lattice gives users and liquidity providers the ability to use advanced AMM algorithms.

Different issues that cross section might want to settle included; expensive exchange charges, slow exchanges; brought together information handling and need security.

Lattice will be an evolution of existing DeFi solutions, and it also has the ability to include several specialized asset-specific automatic market creation algorithms. This solution will further advance the blockchain industry with improved financial instruments that are cost effective and fast, secure and scalable.

The project team saw an opportunity to re-introduce Constellation through Lattice as the first application built on Constellation. Constellation provides a faster network, zero transaction fees and cryptographic protection capabilities for more data and information than a smart contract.

Objective of the project

The goal of the project is to promote and modernize global solutions for the financial trading of cryptoassets.

Lattice aims to overcome the weaknesses of current DeFi applications with thicker liquidity, institutional-grade AMM algorithms and ultimately faster and less expensive settlement due to the use of the Constellation HGTP. Lattice will thereby bring institutional grade reliability and usability to the DeFi ecosystem.

LTX Token

The LTX governance token will serve to enforce policies in Lattice Exchange. It will be needed to determine LTX calculation fees, as well as farm reward structures. The governance token will not only play a role in growing liquidity, but also in the input / output mechanism.

LTX is an important asset that drives most of the value creation parameters in the Lattice ecosystem, like YFI, UNI, SUSHI and others. With increased liquidity and lower fees, LTX’s value of ownership is quite high.

LTX is paid as a pool reward (farm), allowing DAG holders to participate in Lattice’s governance and business model — thus rewarding DAG holders as well as LTX holders without diluting the DAG ecosystem with DAG airdrops.

Roadmap

  • Phase 1
    Aggregating of liquidity pools and creation of a user-friendly interface, like in Uniswap. Developers will focus on Ethereum settlements and volume capture on the Ethereum network. At this point, they will also deploy multiple AMMs dedicated to coin selection.
  • Phase 2 Q1 and Q2 2021
    Cross-chaining and Settlement Compatibility on Constellation Hypergraph. Individuals will be able to conduct trade settlements as well as the ability to place DAG bets.
  • Phase 3 Q3 and Q4 2021
    Oracalizing Trades and implementation of more sophisticated AMMs verified by the Constellation network.

Conclusion

I believe that this project has every chance of success and I will support it in all matters! The project team is very active in developing the project and maintaining close contact with their community! I advise everyone to pay attention to the project and study it in even more detail!

Website: https://lattice.exchange/

Telegram: https://t.me/latticeexchange

Whitepaper: https://lattice.exchange/Lattice-Exchange-Official-Whitepaper.pdf

Instagram: https://instagram.com/latticeexchange

LinkedIn: https://www.linkedin.com/company/lattice-exchange/

Twitter: https://twitter.com/LatticeExchange

Facebook: https://www.facebook.com/LatticeExchange/

Bounty0x username: cryptogod322

Note: A sponsored article written for a bounty reward.

--

--

--

криптоактивист, филантроп, playboy

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

HIGH DIVE INTO AMMs PART 1

coreDEX Black Paper

Startups and Bitcoins in Colombia

Ask Me Anything ( AMA ) Series #10 Crypto Zyte x Findora On November 24, 2020.

Bittrex Global Launches New App to Enhance Mobile Trading Experience

[weBloc TGE] weBloc TGE Participation — How to use ICONex

Lucidity clinches Silver in IAB MIXX AWARDS

Informational Series — Timing of Rebrand

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Андрей Суханов

Андрей Суханов

криптоактивист, филантроп, playboy

More from Medium

Could crypto-linked debit cards bring in more wide spread adaption and how?

Yield Farming. Heard of it ?

AMA Equalizer & Matic News Recap

The Opening YDragon Avalanche Index is Coming in Hot!