Lattice Exchange
"Defi's Rise is Inevitable"
by: kiranoble13
DeFi is an abbreviation of the phrase decentralized finance which generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum and other blockchain technology.
Lattice is a decentralized finance (DeFi) application built with Ethereum and Constellation’s Hypergraph Transfer Protocol (HGTP). HGTP or hypergraph transfer protocol (HGTP) is use for facilitating communication between one or more client applications and one or more knowledge representation servers responsive to a client application request.
Lattice aims to solve the major problem of DeFi applications which is the "Scaling Limitations". Other problems that lattice would like to solve included; costly transaction fees, slow transactions; centralized data processing and lack security.
Lattice exchange offers the hybrid technology of Constellation Hypergraph Transport Protocol (HGTP) to solved this problems.
HGTP is the only secure communications protocol that connects real world applications through seamless tokenized data.
Constellation enables an ecosystem of applications to be built on the Hypergraph Network while using the HGTP to securely capture, connect and transport that data for an evolution of applications with data assurance and compliance.
Hypergraph, is a resilient decentralized network that is built on a directed acyclic graph (DAG) and leverages dynamic partitioning and a reputation based consensus mechanism to be infinitely scalable, while providing fast throughput to handle high computational needs for instant data processing.
Lattice can compete with other top defi exchanges with its amazing features available in their platform. These includes:
Flexible
Liquidity Pool - Decentralized Liquidity Is the Backbone of any DeFi projects.Lattice exchange builds liquidity pool that allows lenders to earn transaction fees on their liquidity deposits.Automated
Market Making - Automated market makers are smart contracts that create a liquidity pool of LTX tokens, which are automatically traded by an algorithm rather than an order book. This effectively replaces a traditional limit order-book with a system where assets can be automatically swapped against the pool's latest price.Advanced
Matching Algorithms - These features allows Advanced platform for pluggable institutional grade order matching algorithms that are asset specific (multiple AMMs).Lattice (LTX)
Governance Token - The LTX token will serve as the fuel for lattice exchange. LTX token governs the treasury that covers Lattice Exchange traders in the unlikely event of a black swan. LTX is a governance token which gives holders certain rights in regards to economic parameters like transaction fees and inflation/deflation.
Token Distribution:
There will be 100M LTX tokens minted in total, and the protocol has a fixed token
supply.
-15% of the tokens will be distributed through private sales;
-10% of the tokens will be distributed to users and investors through public
sales. Any unsold tokens will be burned;
-15% of the tokens will vest for 24 months and will be reserved for team and
advisors;
-5% of the tokens will vest over 24 months and will be used as marketing to
engage users;
-45% of the tokens will be used in liquidity mining. Tokens will be minted on a
daily basis and distributed to users who participate in the platform;
-10% will be locked for 24 months. The governance committee will then
determine the utility of these tokens.
In conclusion, Lattice Exchange is a game changing DeFi project and an excellent decentralized exchange for cryptocurrency investors. It has an incredible features like flexible liquidity pool, automated market making, advance matching algorithm and a governance token which will be called LTX. Lattice Exchange will be powered by Constellation’s Hypergraph Network and
HGTP that provides the protocol and infrastructure to improve and exponentially scale
the DeFi industry and enable crypto asset trading tools with integrity and assurance.
Additionally, it does not force KYC checks on all of its users, which remains a valuable perk for privacy-conscious individuals.
For more information, follow their social media channels below:
Website
https://lattice.exchange/
Telegram
https://t.me/Lattice_exchange
Facebook
https://www.facebook.com/LatticeExchange/
Twitter
https://twitter.com/LatticeExchange
LinkedIn
https://www.linkedin.com/company/lattice-exchange/
Whitepaper:
https://lattice.exchange/Lattice-Exchange-Official-Whitepaper.pdf
“A sponsored article written for a bounty reward.”
bounty0x username: kiranoble13