TLDR; ZeroSwap.io is a Multi-Chain protocol with Liquidity Mining, DeFi Token Offering, and DEX Aggregation. The protocol will reward users every time they make an on-chain trade and provide liquidity to existing DEXes . All transactions would be Gasless with Zero Trade Fee.
Exchanges are the core infrastructure of blockchain and crypto ecosystem, initially, CEX opened door to crypto adaption with innovations to its core and seamless user experience; yet being a fully centralized entity brings a lot of caveat.
In a truly decentralized world, censorship needs to be given in the hands of users, and therefore DEXes will play a pivotal role in implementing it.
Recently Uniswap surpassed daily trade volume to its centralized counterpart Coinbase, henceforth the crypto adaption baton seems to be passed on from CEX →DEX; DeFi is emerging as the new flag bearer with a TVL of $10Billion.
However, the existing DEXes have many obstacles to accessing DeFi services — high gas cost with on-chain transactions, liquidity being fragmented to various protocols and services, trade fee, subpar UI/UX and lack of efficient market-making mechanisms.
We need a protocol which can outshine the existing DEXes.
With lots of new protocols springing up these days to solve the above stumbling blocks, ZeroSwap is envisioned to build — a multi-chain protocol with liquidity mining, DEX aggregation, market-making suite, gasless transactions with zero fees using transaction fee mining. All that power to DeFi.
Netscape browser improved to what we see as Chrome, Firefox and Safari today. Faster, efficient DEX which removes barriers of entry is the need of the hour.
Features of ZeroSwap Exchange —
ZeroSwap will be a fully equipped platform to make trades with ease, covering up for all the missing pieces in the existing DEXs
- Gasless Transactions — All on-chain trades and addition/removal of liquidity will be processed via gas-less transactions, this will happen through transaction fee mining.
- Zero-Fee — Addition/removal of liquidity and trading on protocol would be at ZERO Cost, we won’t charge any fee.
- Rewards — Users will earn rewards from Liquidity Mining and every time they make an on-chain trade and provide liquidity.
- DEX Aggregation — We would aggregate liquidity from all the existing protocols to facilitate the best rates.
- Governance — A unanimous governance mechanism to govern the ZeroSwap Protocol changes over time.
- Developer Friendly — #Buidl and easily integrate ZeroSwap SDK, with your existing workflows. We aim to build tech-enabled, developer-friendly protocol, using which custom decentralized services can be built on top.
ZeroSwap Utilities —
- Multi-Chain — The protocol will be multi-chain supporting Binance smart chain and Ethereum and going forward with adding more new chains.
- DTO Platform — A DeFi Token Offering platform to kickstart launch of new tokens with market-making mechanism managing the prices underline.
- Market Making Suite — ZeroSwap SDK — Ubiquitous Market Making Suite for DeFi to empower on-chain trading truly.
- Liquidity Mining — Earn rewards by pooling in Liquidity to DEX via ZeroSwap.
Why do we want to build ZeroSwap?
We have decided to invest our time and energy into building ZeroSwap, our motive is to empower users with the true power of decentralization, add more value, and make trading super easy for a non-technical user, without him understanding what’s happening under the hood. We find it worthwhile to share our protocol design with ZeroSwap as the Technical Suite for all DeFi needs in the future.
ZeroSwap = Delightful Ride on DeFi ❤
