1/ Hey #Lunatics! We have the pleasure of announcing that Terraformer’s Aggregated DEX is LIVE NOW. It is the very FIRST true trading aggregator built on the Terra Ecosystm, aimed at providing ease of use, capital and time efficiency for our users, and growing the Terra community
2/ We have been overwhelmed by the positive response we received from our communities since our last tweets today. It appears that everybody loves our idea and can’t wait to have their hands on it!
3/ Therefore, we have decided to bring forward the launch of our trading aggregator NOW. It is live at tfm.com You can trade any pairs of Terra tokens there, with the best rate achievable, of course.
4/ Please note that any token with a blue tick has been verified by us; for those that are not verified, you can still trade, but you need to make sure those are indeed the tokens that you want to trade.
5/ One aggregator to benefit all on Terra! We hope you’ll like it, and your wallet will also like it! Please leave your feedback below in the comments.
Enjoy!
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1/ TFM has launched the first trading aggregator on #Terra , for the benefit of all #LUNAtics and all the wonderful projects that are built. We are not just any aggregator, but a true routing aggregator that brings tremendous value. What does this mean? Let’s explain in this 🧵👇
2/ The simplest form of aggregator is price comparison. If you want to trade token A for B, all you need to do is to compare the rate you are getting from different DEXes, and pick the best rate. Sweet.
3/ But does that mean the rate that you are getting is the BEST possible rate?
Not necessarily. That is because there could be a hidden route that is spread across various DEXes which leads to an optimal price.
Many of you may have associated Terraformer with a launchpad. Yes we are, but we are much more than that! We are a complete suite of DeFi protocols built on Terra. To begin, we are foremost an aggregated DEX which is about to launch tomorrow! Let us explain.
A thread.
What is an aggregated DEX (or DEX aggregator)? It is a super DEX that routes through multiple existing DEXes and finds the best swap rate for the users.
There is a clear advantage of doing that for users. Instead of trying different DEXes, they only need to go to one single site, to have access to all. It helps save time and money.