LATTICE EXCHANGE THE EVOLUTION TO DEFI
Lattice is a decentralized finance (DeFi) application built with Ethereum and Constellation’s Hypergraph Transfer Protocol (HGTP). The platform's vision is to advance and modernize the world’s financial trading solutions for crypto assets. Lattice empowers users and liquidity providers alike with advanced AMM algorithms.
DeFi is financial services that is making use of smart contracts(online blockchain technology) to operate without the need of third parties( banks or lawyers). Meaning it's a merger of traditional banking services with decentralized technologies. The system is completely permissionless this can be discussed, the system being permission-less whereby you have fully control over your funds anywhere at any time and you don’t need KYC to access it. Cryptocurrency is at the massive adoption simply because of this form of financial system that is currently evolving in the crypto industry.
DeFi is simplifying the crypto market and industry because it has varieties of advantages compared to disadvantage as we shall discuss below :
Lattice will be an evolution of existing DeFi solutions by providing the best price and profitability for protocol users. It provides smart routing for trades and also the ability to incorporate multiple asset-specific automated market making (AMM) algorithms to increase profitability.
LATTICE EXCHANGE TOKEN PLATFORM
The grid token will be termed or basically tagged with the acronym “LTX” and will be introduced to the grid platform which will basically act as a governance token as well as an incentive related to trading activity in the protocol. LTX tokens will have a total of 100 million LTX in base inventory.
Token Distribution Information:
The token has a burn feature implemented, it will pay off in the long run by continuously increasing the value of the asset. 0.03% of each assigned transaction will be charged a fee, although this may be changed by the governance committee.
bounty0x username gadithomason
For More Information click below
Telegram official: https://t.me/latticeexchange
Official Press Release: https://finance.yahoo.com/news/lattice-exchange-announces-early-backers-130000479.html
Note “A sponsored article written for a bounty reward.”