DEX’s have brought people financial freedom with benefits such as asset custody, lack of listing limitations, and trades that don’t rely on intermediary institutions.
While these underlying concepts have in fact been around since the early days of crypto when Mt. Gox was a leading exchange, they have become popularized recently with the overall emergence of the DeFi (decentralized finance) movement.
In particular, Uniswap’s introduction of automated market makers (AMM) has allowed liquidity pools on DEX’s to execute trades based on formulas in their respective smart contracts.
This major breakthrough came with a set of fatal flaws within the overarching model that are ultimately at odds with the average trader and completely unfavorable towards inexperienced users.
Simply put, there hasn’t been a DEX explained to people with a guide like ‘DeFi for Dummies’, or a product so easy that “even a caveman could use it.”
Smartdex 2.0 aims to change this by creating an intelligent DEX that even a grandmother could use, while also providing unmatched technological sophistication.
As an AI-powered decentralized trading and investment platform Smartdex seeks to solve three fundamental problems in the DEX space:
Liquidity, Accessibility, and Privacy.
In this blog series, we’ll be highlighting four crucial elements that will enable Smartdex 2.0 to run in a top performing and highly profitable manner.
The roles of these elements and their respective blog posts will be as follows:
1) Liquidity aggregation - 0X: The Backbone
2) Cross chain bridge aggregation: The Unifier
3) Smartpools: The Intelligent Market Maker
4) Cross-chain liquidity aggregation: The Game-Changer
Users of the first generation of Smartdex will be excited to find an entirely revamped interface, slicker and more intuitive than ever before.
Our roll-out of Smartdex 2.0 will come in various phases this quarter, and we will keep you updated as usual.
Have fun and happy trading with Autonio!