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First DEX that Supports AMM Offline Orders

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TitanSwap realizes the automatic execution of limit orders through the non-custodial method of smart contracts, and users can cancel the order at any time and view the complete limit order history.

Today, TitanSwap is officially launched in the market. Being user-centric, fully compatible with Uniswap mining pools, and supportive to all trading pairs provided in Uniswap with the same liquidity, TitanSwap also supports Metamask plug-in wallets, maximizing the popularity of desktop browser users.

Standing on the shoulders of other DEXs, TitanSwap showed up in the market at this time and can solve many problems in DEX. Being user-oriented, TitanSwap has quickly attracted the attention of many users.

Users who have traded on DEX all know that the user experience of DEX is very different from that of CEX, as DEX users cannot see the K-line, and cannot obtain the historical price of the trading pair through the interface to know the current buying price. Therefore, the lack of clear understanding of the price range makes it impossible to conduct flexible control over transaction execution. In addition, in DEX, users can’t place orders offline, making the operation more difficult for novice investor.

Since liquidity mining got extremely popularUniswap has become the ruler in the swap circle for some time, until new Swap projects appeared in the market. These projects have observed the problems of DEX and carried out a series of incentive mechanisms and innovation, hoping to optimize the ecosystem. However, none of these projects provide a better user experience from a user perspective.

In contrast, TitanSwap not only innovated the incentive mechanism but also make full use of the AMM mechanism, becoming the first DEX on the entire blockchain network to support automated orders under the fully AMM mechanism, abandoning the shortcoming of AMM of not being able to specify price transactions.

TitanSwap realizes the automatic execution of limit orders through the non-custodial method of smart contracts, and users can cancel the order at any time and view the complete limit order history. In this way, when placing an order, it is convenient to conduct transactions in proportion to users’ own funds, which is fast and safe. At the same time, it provides a trading interface to facilitate comparison of transaction price differences under the same transaction volume. TitanSwap conforms to the trading habits of most traders. It is convenient to view the historical transaction price curve and transaction liquidity information at the same time, avoiding blind spots in Swap transactions and providing users with a better experience.

In addition to realizing AMM offline pending orders, TitanSwap has adopted a series of other micro innovations. The most special ones are TITAN Address Audit and Adaptive Bonding Curve.

In verifying scam coins, TitanSwap does not centrally verify them, but adopts TITAN Address Audit, which is similar to a community-based reputation system. The reputation of trading tokens is formed through the list created by the community, and higher reputation forms more widespread dissemination features and gain greater user traffic support.

The Adaptive Bonding Curve can reduce impermanence losses for liquidity providers. TitanSwap dynamically adjusts the curvature of the Bonding Curve to make the curve steeper when the price fluctuates sharply, thereby reducing the profit margin for arbitrage and returning the price to the normal price more quickly and at a lower cost. In addition, the transaction fee of the TitanSwap mining pool is not a fixed 0.3% but can be determined based on the volatility of the trading pair.

Moreover, it is worth mentioning that TitanSwap liquidity mining will enter the market at the end of October, with no pre-mining and no reservations. After 10% of the tokens are sold to investors as initial capital, the Titan project will become a real decentralized community project, as the remaining 90% of TITAN tokens will all be released through liquid mining. Compared with the token distribution ratio of 60% in UniSwap’s ecosystem, TitanSwap provides many innovative features while greatly ensuring the interests of users, which will undoubtedly attract a lot of users.

In order to catch up with other projects such as UniswapTitanSwap is actively exploring the implementation mechanism of Layer2. The technical route is consistent with Unipig’s technical route, which will greatly enhance the user experience from the perspective of transaction fees and time lag

Can TitanSwap become the new ruler in the DEX? Let us wait and see. 

Altcoin News, Blockchain News, Cryptocurrency news, News

Julia Sakovich

Having obtained a diploma in Intercultural Communication, Julia continued her studies taking a Master’s degree in Economics and Management. Becoming captured by innovative technologies, Julia turned passionate about exploring emerging techs believing in their ability to transform all spheres of our life.



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Algorand (ALGO) price strengthens as institutional investors back the project

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Consolidation periods tend to follow strong rallies but they also present a good opportunity to survey the field and evaluate projects that have strong fundamentals.

One project that continues to gain traction in terms of price recovery and network adoption is Algorand (ALGO), a pure proof-of-stake (POS) blockchain network that has secured new partnerships and real-world use case applications, as well as support from multi-million-dollar funds in recent weeks.

Big funds invest in Algorand-based projects

Raising funds is one of the biggest challenges many projects face and in the last month the Algorand network announced that Arrington Capital, a digital asset manager, had pledged $100 million in funding meant to help accelerate additional development across all facets of the smart contract platform.

This development came on the heels of the June 2 announcement that Borderless Capital, a venture capital firm, had created a $25 million fund aimed at supporting Miami-based blockchain startups developing digital payment solutions on the Algorand network.

Related: Exodus Wallet raises almost $60M in crypto in regulated offering

New partnerships lure investors

A scroll through the Algorand Foundation Twitter feed shows a growing list of cryptocurrency projects across a variety of sectors that have joined up as part of the Algorand community to take advantage of the low fee, POS environment.

The nonfungible token (NFT) sector is showing some interest in the network following a partnership with Curate that will allow for the minting of NFTs as well as the release of a bridge by Curvegrid that will allow businesses to build NFT and blockchain technology into their business and consumer mobile applications.

Other recent examples of adoption include a partnership with the Bermuda-based MAPay healthcare payment solution, which will host its payment solution on Algorand blockchain in an effort to improve efficiency and reduce healthcare costs, as well as a partnership with Xfinite and Eros Now to create a blockchain-based content engagement platform for the 224 million registered users of Eros Now.

These new partnerships come after a busy year for the network which also included the integration of USD Coin (USDC) and Tether (USDT), the two largest stablecoins in the cryptocurrency ecosystem. 

The growing list of network partnerships and investments from players in traditional finance suggests that ALGO is well-positioned to see future growth as the blockchain sector sees continued adoption and the crypto market recovers from it recent sharp correction.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.