$DAG Review pt. 2 - LatticeExchange?
Lattice Exchange is an AMM-based DEX that supports seamless cross-chain swaps and a multitude of DeFi applications by utilizing Constellation’s Hypergraph, a near-zero fee, and a horizontally scalable decentralized network.
This is the pt. 2 of the $DAG review series. Read below if you want to know what $DAG and Constellation is.
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What is LatticeExchange?
Lattice Exchange is a DeFi Platform that has the ability to connect all blockchain ecosystems through the use of Constellation and the Hypergraph Network. It will also pave the way in cross-chain swaps which are at near-zero fees.
As we know there are a number of Centralized Exchanges such as Binance & Coinbase. And there are also Decentralized platforms such as Uniswap within our crypto space. Lattice is looking to dethrone everyone and become the leading protocol for bridging blockchains in DeFi.
What makes Lattice different?
Zero fees
The fees on the Ethereum network are insane. Hypergraph network is a revolution within crypto because it provides near fee-less transactions between blockchains.
Scalability
Users spend thousands of dollars on gas fees and transactions because blockchain needs mining. Hypergraph’s network requires NO MINERS. It’s horizontally scalable and has near-zero fees.
The $LTX token
$LTX is the governance token. It is a sleeping giant within our space. Holding the token gives you voting power over how the project develops. $DAG and $LTX can be woven together to work effortlessly. The total supply is 100,000,000, and the circulating supply is 32,085,279.
Roadmap
Lattice is looking to disrupt DeFi and dismantle current leaders. Its goal is to capture the market by promoting fast, secure, and near zero-fee transactions. All of these together is pretty rare in crypto. $LTX currently sits at around $0.69, and the market cap is small. Lattice is also looking to bridge the traditional financial industry to the crypto world.
Their partners (GSR in particular) could create large-scale on-ramping of institutional clients. The road map for this year is vast with the deployment to testnet and cross-chain swaps, which will revolutionize Defi. This, without a shadow of a doubt, will dismantle the current hierarchy of DEXs.
Acknowledgment
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