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
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.
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!!
$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.
12/ We aim to make DEX trading affordable, profitable & simple for all #crypto users.
End of thread//
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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.