LotSwap aims to be the first decentralized Lot swap, Lot bridge, and Lot farm which allows users to transact at a fraction of the cost, and with significantly improved efficiencies relative to currently available options. The service intends to eliminate all unnecessary complexity from the transaction, thereby proving a quick, easy experience for transactions of various levels of sophistication. Simplicity of Transactions The initial service provided is very simple. The user connects their wallet to the LotSwap dApp, selects which Layer 1 smart contract they possess, and selects what coin or token they wish to possess. In the near future, one will be able to Lot bridge coin to coin, bridge coin to swap, LotSwap on the same network, or, if liquidity providing is desired, one will be able to enter a liquidity contract as a pool, all in the same transaction. This will all be possible with one click. Lotting The mechanics for how these services are possible are as follows. LotSwap slows a user’s submitted transaction slightly, allowing other users to join in the transaction alongside each other, all of which have the same designated terms for the transaction. This will Lot multiple individual orders into one larger order, thus drastically lowering the fees for the transaction.
KYC Verification
Submitted
KYC Verified
Apr 2022
Contract Transparency
0x10687b99f50877f2e7395d2cbfc10b61fe5682c2Control Status
Contract
Retained
Treasury
Retained
Liquidity
Retained
Renounced
No
Verification performed by Assure DeFi®, The Verification Gold Standard®. Verification does not constitute financial advice or guarantee project safety. Always do your own research.
