News25 June 2022

DEX omnipotence: Arctic to bring together Aurora projects

Share

Arctic is launching one next-generation ecosystem DEX to bring together all Aurora projects to provide more liquidity and maximise capital efficiency.

Now let's understand what this is all about... Artic has two main features: it's an upgraded veNFT system with a management system and a discretised liquidity automated market maker mechanism (DLAMM), approved and supported by iZUMi Finance.

With Aurora's high performance and scalability, Arctic will be able to support non-custodial limit orders based on DLAMM. 50% of the DEX fees will be used to redeem $AURORA and $ARCTIC and redistributed to veNFT holders. Sounds good, and for more details and DIOR, welcome here.

Share

Join 25,000+ crypto founders, speculators and researchers.

Another Stuff