Konomi Swap Platform Overview

in LeoFinance3 years ago

Konomi Swap Platform Overview
2020 is the year of DeFi not wrong, when TLV alone on Ethereum has reached $ 43B while at the beginning of the year it was just over $ 600M (Source: Defipulse). However, DEX is currently having trouble when based on an AMM model that requires extremely high gas fees, if you swap with $ 100, you have to pay $ 20 - $ 50 in fees.

So Konomi is intently planning to combine the best between DEX and CEX, and may move to full decentralization when the time comes.

Keeping the ability to decentralize transactions, avoid the risk of price manipulation, but still try to keep transaction fees cheap. Below I will introduce an overview of the Konomi Swap design

Posted Using LeoFinance Beta

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