[0% Trading Fees] MetaMorph.pro integrated to 0x Protocol with option of using HoloChain as a secondary solution in the near future

“MetaMorph.pro the Decentralized exchange has currently placed a 0% Trading fee until it reaches a solution with 0x Protocol.”

“0xProtocol has provided a very nice functional system for us up until now but because we had built the front-end from from scratch using Angular it has been a lot harder to get to where we wanted.” Says Daniel Lew — CEO of MetaMorph.pro

One month before release of v2–0x Protocol decided to release a Launch Kit version in React.

Daniel Lew says “Had we known of this earlier, we would have built a React version straight out the gate. Now that we know their recent LaunchKit solution is more robust, this is something we are currently working on in parallel with our new UI and extra components such as Social Trade, Morph (Simple Token Swaps) Address Book and Portfolio added in.”

Also in regards to the trading fee structure that we planned, there is apparently a setback whereby within 0x protocol you need to hold ZRX in order to trade. We found this unjust and impractical so we decided to remove the fees completely until further notice.

In the future we will add an additional backend trading option to run a DEX orderbook system with Holochain.

We’ve chosen Holochain because:

• We see great promise for this peer to peer technology built on the same style as BitTorrent functionality.
• It allows us to preserve our DEX philosophy and with the direct peer to peer aspect while trading will be instant.
• Completely solves the scalability issue the more users who join to trade with us the more scalable the platform becomes.

In the meantime we are working on a more scalable solution and have decided to make the MetaMorph exchange compatible with both the Holochain ecosystem and Ethereum ecosystem. This doesn’t mean we are moving away from 0x protocol, we are simply offering for our uses to trade with a Holochain backend. This means you won’t need Ethereum to complete trades.

We want to be compatible with the Holochain because we can see tokens created on Holochain will have better securitisation processes meaning you will be able to audit the tradable tokens yourself and see how they came into existence and what real world value they are tied to.

The goal is 6 months from now we could potentially have the option for traders to trade using two different exchange types. One being with 0xProject the other being with Holochain.

To take advantage of the 0% Trading Fees visit https://app.metamorph.pro