Kromatika DAO Profile picture
May 23, 2022 12 tweets 11 min read Read on X
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? <a href="https://www.freepik.com/photos/girl-thinking&q
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.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Kromatika DAO

Kromatika DAO Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @KromatikaFi

Oct 7, 2022
Kromatika DAO is born🔥

0/10 What is a DAO?
A Decentralized Autonomous Organization, means that an organization has no central authority nor is it run from a centralized location. A #DAO is an organization run by the people, for the people.

$KROM #Web3 #DEX #KromatikaDAO Kromatika - DAO
Governance step by step process :

1/10 Create a new proposal on discord gov-discussions using the [KCP] Template discord.gg/GKQzkP7zqH

#KromatikaDAO $KROM Image
2/10 The community discusses and gives feedback on the submitted proposal for a week.

The feedback and discussion take place on discord gov-discussions. discord.gg/GKQzkP7zqH

#KromatikaDAO $KROM
Read 13 tweets
Jul 22, 2022
1/ Kromatika Point of view on the situation between #coinbase and #sec

Let's go back:

11 April: Coinbase writes a blog and mentions $KROM as one of the tokens that are planned to be listed.

We were surprised, considering we didn’t plan for it.

🧵
2/ Insider Trader

Shortly after the consideration, there were some blog posts about guys trading $KROM and other tokens which are potentially considered for Coinbase.

We couldn’t do anything about that, since $KROM is permissionless token, initially fair-launched on DEX.
Read 8 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(