Thread by @cyrilXBT

The first decentralized exchange on the @IOTA network in progress @tangleseaDex

Here are all the AMAZING things tanglesea is doing

Let's dive in 👇

#Iota #Shimmer @TangleSeaDEX

@TangleSeaDEX will be governed using a DAO structure, as you might have spotted on their Discord.

This is important because it enables the community, to actively participate in the platforms that will be governed by the TangleSea DAO in addition to having a voice in team decision-making.

In this thread, I will be covering the following areas:

• TangleSea Dex
• What will be part of the TangleSea DAO?
• TangleBridge between the Assembly Network and Shimmer Network.
• How can you participate in the DAO?

What will be part of the TangleSea DAO?

The TangleSea DEX will be at its core, but TangleSea wants to create a whole ecosystem of dApps on #IOTA that will let other teams test and develop their concepts.

For this, the team has already committed to developing 3 dApps, including the ShimmerSea DEX built on IOTA's staging network, the #Shimmer Network.

Projects will be able to create their tokens and liquidity pools to test the waters on ShimmerSea, which will be accessible initially.

To emphasize the experimental character of the products that are launching on this DEX and ecosystem, ShimmerSea is consequently more fun in its layout.

Everyone who wishes to start the game early should try ShimmerSea.

TangleBridge between the Assembly Network and #Shimmer Network.

For projects that started on Shimmer, TangleBridge will provide a route for them to develop and grow to the Assembly Network.

TangleBridge's positioning is geared toward small and medium-sized companies that might not have the backing of the major crypto bridges for their initiatives.

On the Assembly Network, TangleSea DEX was constructed.

The primary DEX, TangleSea, strives to provide a simple, traditional user experience that will appeal to both individual and institutional investors and users. Therefore, it will concentrate on established coins that have previously undergone Shimmer or other network validation.

These 3 dApps are just the start of what will allow the ecosystem to expand.

The goal is to merge all three of the existing dApps and any potential future dApps into the TangleSea DAO.

The TangleSea DAO's obvious goal is to encourage and create dApps that will accelerate the development of the #IOTA ecosystem.

How can you participate in the DAO?

So I saved the best part for last. In the future, you will be able to earn the TangleSea DAO governance tokens by simply using its decentralized applications, such as TangleSea and ShimmerSea.

However, further details regarding voting procedures, as well as its system of governance, and the token will be revealed later.

You guys should also join their very interactive discord community and be up to date with big announcements in the future:

Alright, that's it for @TangleSeaDEX

If you'd like to keep up to date with time-sensitive opportunities then follow @cyrilxbt

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@TangleSeaDEX What's your opinion on @TangleSeaDEX? What did I miss?

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