Project Fire Salamander

DeFi Dashboard and Markets

A key part of the LCX DeFi Terminal is the intuitive dashboard for your digital assets in DeFi. First, you need to connect to your metamask wallet. The dashboard will then list all your assets (all ERC20 tokens and ETH) and your liquidity pools at Uniswap, showing a real-time net asset value denominated in US Dollar. Besides showing the liquidity pools you contributed and added liquidity to, LCX DeFi Terminal is showing all available trading pairs and liquidity pools in our markets section. The market section at LCX DeFi Terminal is displaying all trading pairs with name, total liquidity, 24h volume, 7d volume, 24h fees and 1y fees/liquidity based on 24h fees annualized. 

Limit Orders for Uniswap V2

Through the LCX DeFi Terminal you will be able to execute limit orders. This means, you will now be able to place sell or buy orders at target prices on Uniswap. Via the main web interface, the LCX DeFi Terminal,  users can place orders, see all limit orders and cancel any order.

LCX DeFi protocol

We’ve built a layer 2 protocol as a secondary smart contract framework that is built on top of Uniswap’s blockchain system. The LCX DeFi protocol has an integrated price discovery engine which monitors price of each trade in order and automatically executes the limit order to Uniswap when the set parameters are matched. 

How do I use LCX DeFi Terminal?
1 License = 10’000 $LCX

To use the LCX DeFi Terminal you will need one license per connected wallet and activate the license at our platform. To get one license you need to deposit and hold 10’000 LCX Token in your connected wallet. The  system will then automatically check if your wallet balance shows enough LCX tokens. If the system confirms that your wallet has more than 10’000 LCX Token available, your license is active. In case your wallet drops below the min. required LCX Token, your license will be automatically deactivated.

Furthermore once you place limit orders on LCX DeFi Terminal the system will tell you the expected gas fees. In addition to that LCX will collect a small fee in ETH for each successful transaction. The funds are  used for further development to continue delivering outstanding products for our users.

Launching Version 1.0 

Based on our knowledge of building LCX Terminal, we have built this new DeFi Terminal. We will launch the LCX DeFi Terminal as a Minimal Viable Product (MVP) in two phases:

1. Within the next 48h we’ll launch LCX DeFi Terminal as an alpha version in public. We will share the link to our community and will update this blog post when the platform is live. This phase will include the DeFi Dashboard and DeFi Markets page for portfolio management at Uniswap. 
2. Soon after we will launch an updated version which will include the full limit orders functionality and trading overview for Uniswap. Join our telegram community to receive the latest updates.

In summary, LCX DeFi Terminal is a decentralized trading platform built on top of Uniswap, combining a DeFi dashboard, DeFi markets overview and a smart limit orders system.