Product Update 2: Fire Salamander DEX Aggregator
par LCX Team · September 17, 2021
LCX DeFi Terminal 2.0 now has been updated to enhance the user experience, focusing on gas efficiency and integration of new DEXs.…
We are bringing some MAJOR UPDATES to LCX’s DEX Aggregator – Fire Salamander aka. LCX DeFi Terminal 2.0. The goal of this update is to enhance the user experience, focusing on gas efficiency and integration of new DEXs.
Updates in detail:
- Optimized LCX DeFi smart contract to lower gas fees
- Integration of 6 New DEXes in Basic Swap, Pro Swap, Charts and Analytics
- UI-UX Upgrade
- Resolved bugs in swaps reported by the community on some coins like USDT.
Gas-Fee Efficiency at LCX’s DeFi Protocol
We’re excited to announce a major upgrade to our DeFi Smart Contract to reduce transaction costs while increasing transaction speed. The new architecture of LCX DeFi Protocol will enable users to swap crypto assets and lower gas fee’s dramatically.
The measures introduced in this smart contract architecture upgrade primarily target high transaction cost, a significant issue for users, gas fees have been climbing gradually for some years now which is making it difficult for users to justify their regular transactions. By implementing code optimization that directly addresses the gas fee issue, our smart contract is better suited for effective and optimized transactions, ensuring reduced transaction cost for users.
The feature applies to all the trades executed using Fire Salamandar’s Basic swap and Pro Swap mode.
Trade now at DeFi.LCX.com
Integration of 6 New DEXes in Basic Swap, Pro Swap, Charts and Analytics
Fire Salamander aka. LCX DeFi Terminal 2.0 now has six new DEX sources! Starting today, users will be able to automatically take advantage of swaps provided by Shibaswap, Swipeswap, Luaswap, Youswap, Polyient Dex and Emiswap. Adding these DEX platforms will add even more price options to our DeFi terminal and will provide the best rates for trades on Fire Salamander.
The integration of New DEX platforms in Basic Swap and Pro Swap will enable users to access all the token pairs listed on these DEXs and can start performing market swaps and limit orders.
Now, Fire Salamander users can access Newly added DEXs in the Chart section as well and perform market analysis on the trading pairs listed on these DEX platforms using their TradingView charts. This feature will enable traders to access the chart for each pair listed and they can use different indicators to decide when to enter and exit a position.
Meet our New DEX Platforms:
Shibaswap: ShibaSwap is Shiba Inu’s decentralized exchange which will allow users to trade among Shiba Inu and other cryptocurrency tokens.
Swipeswap: Swipe Swap is a cross-chain automated market maker (AMM) protocol by the Swipe Network that operates on Binance Smart Chain and Ethereum while powered by the SXP token.
Luaswap: LuaSwap is a Decentralized Exchange (DEX) running on both Ethereum and TomoChain. LuaSwap is the Automated Market Maker (AMM) based DEX built for TomoChain.
Youswap: YouSwap — an All-Eco decentralized exchange (DEX) presents an easy solution for creating and issuing tokens by integrating a decentralised application (DApp), CoinLaunch onto their platform.
Polyient Dex: Polyient DEX (PG DEX) is the official decentralized exchange for the Polyient Games Ecosystem, a unique collaborative environment designed to push forward the adoption of the NFT and DeFi markets.
Emiswap: EmiSwap is an automated market maker exchange with a ESW voting token. It is an open source, decentralized platform, fork of Uniswap V2.
UI-UX Upgrade
The first iteration of Fire Salamander’s UI was minimalist and appreciated by the community, but we felt we could definitely improve a few things, so, we have upgraded our UI-UX with a nice loader.
We’ve introduced minor changes in our UI for Optimized Performance. We understand how hard it is for users to continuously keep staring at the loader. Now users can experience a quick and smooth loading of all the options on our website.
Resolved bugs in swaps reported by the community on some coins like USDT
Our development team has had good progress with many improvements and bug fixes, we appreciate the support of our community with bug reports and suggestions!
With the focus on creating the right product for our users, we are constantly improving and focusing on the needs and suggestions of our users on the platform.
As reported by some of our users there was some error while trading some coins including USDT, which is now successfully resolved and the swaps on all the tokens/coins are functional.
We keep cooking good stuff! Hope to have more updates for the community soon!
Fire Salamander offers the best price and most advanced trading features along with advanced charting and limit order functionality. Visit https://defi.LCX.com/ , connect your wallet and start trading on Fire Salamander today!
