Kromatika DAO Profile picture
MetaDEX aggregator with no price slippage, Fees Earning Limit Order, Gasless mode & Perp Derv.

May 23, 2022, 12 tweets

1/ Imagine:

A perfect #DEX world where you set limit orders & walk away confident in the #dapp's automation and execution of trades.

Imagine if you didn't need to sit in front of the screen to remove liquidity manually, or wait for orders to be filled.🤯

Sounds magical❓💫

2/ Imagine:

➡️BOTs cannot touch your trades.
➡️No slippage or swap fees to be paid.
➡️No requirement to touch your #ETH investment to cover gas fees.

Is this too good to be true in the current #DEX space?

3/ Now, listen 👂

We are firm believers in blockchain and decentralization but we also felt the pinch when placing #decentralized trades.

Like we were being robbed of our #crypto value when placing trades (BOT attack, slippage, swap fees etc)

So we got to work...😤

4/ Bringing it to life:

We re-imagined the way Limit Orders were done on #DEX platforms because we didn’t like -
🚫 to be front run by BOTs
🚫 pay heavy swap fees
🚫 to suffer insane slippage

So, without sacrificing #Decentralization, we created a solution.🤩

5/ #Chainlink Keepers:

To lower overall costs and enjoy an automated decentralized trading experience, we integrated Chainlink Keepers to monitor prices and execute orders at a user-specified price.

Read more: blog.kromatika.finance/kromatikas-new…

@KromatikaFi @chainlink $krom $link

6/ #Uniswap v3

Kromatika's limit orders utilize uniswapV3 concentrated liquidity feature, so the trader earns a portion of LP rewards as price nears the target region.
These rewards usually cover your service fees + may give you a bit more ;)

This is automated as well. $KROM

7/ Automatic:

From BOT protection, to LP rewards, to automatically filling and executing your orders, it's all automatic.

This is what inspired the name of this protocol - a word play on Automatic >> Kromatik >> #Kromatika!!

Read more: blog.kromatika.finance/kromatika-laun…

8/ Get Started:

#Kromatika is live on #mainnet, #Arbitrum, #Optimism and #Polygon

In order to unlock the limit order feature, you'll need $KROM deposited into the #Dapp

All @Uniswap v3 direct pairs are supported.

9/ Service Fees:

$KROM will pay the fees required for the trade. You do not need any #ETH for gas fees.

Do remember that you will earn LP rewards as well, so in essence you are getting way more value for your #crypto money (your fee may be covered+extra with these rewards).

10/ Here is a short video tutorial where a sell limit is placed for $ETH when price reaches 3000usdc.

You only need to provide liquidity for the token you intend to sell/buy. In this case, my liquidity is via #ETH only.

$KROM $USDC #Kromatika

11/ #Kromatika is constantly #BUIDLing, adding new features for you to reap rewards without the need for much "technical geeky knowledge".

For the #nerds and #geeks (like us) here is more alpha -
mirror.xyz/heinzy.eth/gzi…

12/ We aim to make DEX trading affordable, profitable & simple for all #crypto users.
End of thread//
If you enjoyed this thread, please like and RT the first message of this thread so that the whole thing is RT'd in its order.
Also, do connect with us on #Discord & #Telegram.

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling