If publish0x have to delay payments for high gas fees we really need a scaling solution to the swapping platform too...
Higher gas fees and delay in transactions in the Ethereum Network is being common nowadays and if we need to reach DeFi to mass adoption we need to build protocols that are fast and low cost that can be useful to be used by any person. While its high amount already locked in the Uniswap DeX protocol which is totally working on the Ethereum Network we need some scalable platforms for the Dex for DeFi.
FalconSwap called itself as the Powerhouse for DeFi and here we have some reasons for that and its key features attracted me to look at this platform.
FalconSwap is packed with a multiple features that will change the way you trade and interact with DeFi platforms like Uniswap
Lower Gas fees
Lower gas fees by aggregating multiple orders.
Layer 2 order matching to save slippage from the pool.
Trade on layer 2 without compromising your privacy.
Faster transactions powered by layer 2 implementation.
As per website they are claiming that... FalconSwap is a layer-2 scaling solution built on Uniswap and further extendable to aggregate other DeFi platforms like Mooniswap, Kyber, Balancer, Airswap, Bancor etc. FalconSwap solves the ongoing issues that have been deterring people to start using the DeFi protocols.
Also we have some cool facts that they are claiming on Dex qualities as ...
Layer 2 Order Matching
Orders are matched in layer 2 and are aggregated before accessing the liquidity from Uniswap pools.
Trade using your private keys and with complete security. FalconSwap gives you the trading experience of a centralized exchange with the security of Decentralised liquidity platforms.
Aggregate orders across multiple liquidity pools from Uniswap, Mooniswap, Balancer, Kyber etc.
And their tokenomics are also interesting...
FalconSwap $FSW Details
Total Supply 100,000,000 FSW
Private Sale 1 Price 0.000100 ETH [1500 ETH] Completed
Private Sale 2 Price 0.000120 ETH [1800 ETH] Completed
Uniswap Price 0.000150 ETH
Uniswap Liquidity 450 ETH + 3,000,000 FSW
Soft Cap 1500 ETH
Hard Cap 3300 ETH
Private Sale 1
Private Sale 2
Liquidity Mining Pool
Marketing & Partnerships
Team & Advisors
* Token distribution for private sale participants will be done within 72 hours of closing of Private sale round. Tokens will be locked and the unlock event will happen with the uniswap listing.
Seed Pool: 9 Months
Team & Advisors: 24 Months
Let's hope this platform can help scale up DeFi with low cost and fast transactions.