LATTICE EXCHANGE PLATFORM: PROVIDING LASTING SOLUTIONS TO THE CHALLENGES FACING THE DeFi (Decentralised Finance) SYSTEM
DeFi is an acronym which in full stands for " Decentralised Finance" and in recent times, this aspect or protocol brought about by the blockchain technology system has brought about huge recognition as well as interest in crypto enthusiasts. What really triggered the rising interest is the fact that decentralised finance uses the influence of blockchain technology system and smart contracts to eliminate the need of intermediaries in carrying out financial dealings. Also DeFi in recent times has created an avenue whereby users can lend out cryptocurrency and s well earn certain interest percentage in return as well as other exceptional services.
But despite all the exceptional services which has been attributed to the defi protocol brought about by the blockchain technology system, it has also certain lapses which the LATTICE EXCHANGE PLATFORM has pointed out and is therefore aiming to fix, and some of these challenges includes:
Slow as well as costly transaction processes, and also it's systems lack the appropriate tools to process data like that of the centralised data processing.
LATTICE EXCHANGE PLATFORM
The lattice exchange platform is a platform that operates like a decentralised finance (DeFi) application which is basically developed or built on the ethereum as well as Constellation's Hypergraph Transfer Protocol (HGTP). The platform focuses mainly on getting users as well as liquidity providers acquainted with an advanced AMM algorithms while also aiming to advance and also modernise the world's financial trading solutions for crypto assets.
Within the crypto and blockchain ecosystem, users will see the lattice exchange platform as an evolution to the already existing DeFi solutions because the platform willl install assurance in trading of crypto assets as well as settlement and also ability to incorporate multiple specialised and asset specific automated market making algorithms.
Having known the challenges as well as the already existing solutions to the problem, the LATTICE EXCHANGE PLATFORM will develop also it's own solutions while using the current challenges faced by the DeFi protocol as a case study and thus the platform's solution will further advance the blockchain industry with financial instruments that are improved , fast, cost effective as well as properly secured and fully scalable.
LATTICE AND THE CONSTELLATION HYPERGRAPH TRANSPORT PROTOCOL (HGTP).
HGTP is the only protocol which allows for the ecosystem of applications to be built or launched on the Hypergraph Network whereby the HGTP will be used to capture securely as well as connect and move data for an evolution of applications with data compliance and also assurance as well as permit instant ERC-20 TOKEN swap for legacy yield farmers using the LATTICE's cross-chain feature cause operating across blockchain would necessarily increase the liquidity for yield farms as well as projects that use Erc-20 token.
With the LATTICE EXCHANGE platform approach. The constellation infrastructure will solve the limitations facing ethereum in regards to defi and will thus provide a robust solution for the existing DeFi market thus increasing it's market size as well as potentials, in certain ways like:
THE LATTICE EXCHANGE PLATFORM TOKEN
The lattice token will be termed or basically tagged with the acronym " LTX " and it will be introduced into the lattice platform where it will basically act as a governance token as well as also an incentive in regards to trading activities on the protocol. The LTX token will have a total of 100M LTX in basic supply.
TO KNOW MORE ABOUT THE LATTICE PLATFORM
Join the Telegram Group: https://t.me/Lattice_exchange
Follow on Twitter: https://twitter.com/LatticeExchange
Follow on Facebook: https://www.facebook.com/LatticeExchange
Writer's Bounty0x Username: KAY