Dexlab-Official
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Dexlab-Official

Dexlab, the Solana entry hub

Making it easy to deploy on the Solana Blockchain.

The Solana Blockchain is one of the most scalable networks in existence. With a hybrid Proof of Stake and Proof of History consensus protocol, it achieves high speed transactions with very little fees. Unfortunately, it is a rather new network that is still in its early stages of adoption, as many are still learning about it, or learning how to code on it. Dexlab will try to solve these barriers of entry.

Introducing Dexlab.

Dexlab’s primary goal is to be the entry hub to Solana. With a Korean development team with over 10 years of experience building UX-focused GUI applications, we are creating a platform that will perfect the process of token minting in Solana. Our Minting Lab will allow users to interact with Solana’s CLI easily, by providing an intuitive GUI with a beautiful UX/UI, and will grant users the ability to mint, manage and list SPL tokens and NFTs with simple one-click solutions, bypassing the need to code entirely.

One of our goals is to facilitate the transition of non-blockchain projects and businesses, particularly in Asia, to the Solana Blockchain through Dexlab. Although our platform will facilitate the launching and managing of a token, as we progress, we want to also have a Smart Contract repository, where users can select specific smart contracts that best suit the needs of their token. Unlike other blockchains, smart contracts in Solana are stateless, meaning once created, they cannot be modified. These smart contracts will have a wide variety of use-cases in many fields, and we want to be the first to offer many categories of them.

Furthermore, we will provide advice and expertise to help along the process, but also, for new upcoming projects to have an equal opportunity to thrive in Solana, our platform will also facilitate the provision of liquidity for said token paired against DXL.

Dexlab will run its native token DXL, with a wide range of utilities, but most importantly for governance. Since one of our primary goals is to further push the Asian market into Solana, it is very important that we create a community-based project, and tackle problems from a consensus-based approach. How the network product evolves over time is crucial, and we want to ensure that it is tailored towards the Asian community. After all, we want what’s best for them.

The amount of DXL staked will be a determining factor on governance, and fees. We will have a hierarchical structure, top to bottom, in order to create commitment and trust, but more importantly reward DXL believers. These include discounts, premium services, freemium unlocks, voting power, IDO priority, and staking for network fees. Finally, as volume increases, a deflationary mechanism will be implemented, where for a percentage of fees, DXL is bought back and burnt.

Dexlab is the first asian-based decentralized exchange in Solana. Using Serum’s fully automated order book, users are able to trade with cross-chain capabilities. Our DEX is one of the few Solana-based dexes that provides an Open API source. Users can develop and deploy automated trading bots, fully equipped with stop/loss functions, etc.

It is important to note that the cryptocurrency regulatory body in South Korea, the Financial Services Commission, is limiting the amount of exchanges allowed, and most speculate that all medium-to-small sized exchanges will shut down in the near future. The traffic of these will likely disperse into DEXes, so Dexlab is also preparing for this as well.

To learn more about Dexlab, you can reach out to us on the following:

https://www.dexlab.space/

Discord: https://discord.gg/XcQDV7z2Hz

Twitter: https://twitter.com/dexlab_official

Telegram: https://t.me/DexLab_official

Stay up to date with the latest #Solana projects launching through Dexlab, and make sure you don’t miss out on any new tokens by following us on Twitter or joining our Telegram group!

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Dexlab

Dexlab

Dexlab makes launching on Solana easy with a token minting lab, a launchpad and a dedicated DEX for all listings.