A New DEX aggregator with ProTrading Features that costs less gas

[johnlewis_crypto]

Has anyone checked SNS Litepaper - they are working on an innovative Ethereum Layer 2 sidechain based solution to facilitate the convenience similar to Centralized Exchanges on the Decentralized liquidity pool protocols like Uniswap , Balancer , Kyber etc. ?

One of a kind Dex with features like Limit orders, Stop loss, minimal gas fee and leverage orders, so far didn't find anywhere else.

check out https:// switchnswap.tech/

https:// switchnswap.tech/SNS_Litepaper.pdf

(remove space before switchnswap)

[tonymillions84]

Tapping Liquidity is like stealing funds from another exchange into your platform. they got it wrong. they need to aggregate between exchanges and allow traders pick their choice of trade. there are trusted platforms like ORN protocol that have developed such platform. every 1inch has also designed an aggregated dex and it works perfectly.

[johnlewis_crypto]

Tapping Liquidity is like stealing funds from another exchange into your platform. they got it wrong. they need to aggregate between exchanges and allow traders pick their choice of trade. there are trusted platforms like ORN protocol that have developed such platform. every 1inch has also designed an aggregated dex and it works perfectly.

This is not tapping any Centralized exchange's proprietary liquidity - maybe the use of word tapping is understood incorrectly - the already available peer to peer liquidity on these decentralized liquidity pool protocols are available to use.
The solution is very close to what you mentioned - allowing users an option to pick their choice of protocol or allowing the platform algo to look for the best pricing slippage & liquidity available. SNS is more about user convenience ( limit order, stop loss, cancel order, leverage trading ) than just one focus on the liquidity - like ORN or 1Inch.
Thanks for the valuable comment though. 

[AMG.]

Has anyone checked SNS Litepaper - they are working on an innovative Ethereum Layer 2 sidechain based solution to facilitate the convenience similar to Centralized Exchanges on the Decentralized liquidity pool protocols like Uniswap , Balancer , Kyber etc. ?

One of a kind Dex with features like Limit orders, Stop loss, minimal gas fee and leverage orders, so far didn't find anywhere else.

check out https:// switchnswap.tech/

https:// switchnswap.tech/SNS_Litepaper.pdf

(remove space before switchnswap)

Your whitepaper says little about the side chain you intend to implement and how it will become the solution to the Ethereum gas problem.

[bigcash2011]

There are many platforms like this under development especially after the massive success of the uniswap platform but personally i would like all these new projects to establish themselve first before i will be eager to try them.

[johnlewis_crypto]

Has anyone checked SNS Litepaper - they are working on an innovative Ethereum Layer 2 sidechain based solution to facilitate the convenience similar to Centralized Exchanges on the Decentralized liquidity pool protocols like Uniswap , Balancer , Kyber etc. ?

One of a kind Dex with features like Limit orders, Stop loss, minimal gas fee and leverage orders, so far didn't find anywhere else.

check out https:// switchnswap.tech/

https:// switchnswap.tech/SNS_Litepaper.pdf

(remove space before switchnswap)

Your whitepaper says little about the side chain you intend to implement and how it will become the solution to the Ethereum gas problem.

Thanks for your time to go through our Litepaper. We only gave a light touch on the technical solution as Litepaper is intending to create awareness about the project and provide general information about the project. The Whitepaper will be published later which will be more tech heavy and provide the sidechain solution we are working on.
To answer you question - we will be implementing - Optimistic rollups as the layer 2 solution where trades will be aggregated on an OVM layer and relayed to the mainchain for execution. The aggregation of orders will divide the gas fee for individual orders.

[johnlewis_crypto]

There are many platforms like this under development especially after the massive success of the uniswap platform but personally i would like all these new projects to establish themselve first before i will be eager to try them.

This is a fair point. Many projects are trying different solutions to use the liquidity of AMM to facilitate the convenient trading experience currently lacking in these peer to peer liquidity protocols. And early entry into a promising project has its own advantages.

[masterrex]

Great I find it more interesting, then if it will solve the Ethereum Network gas problem, I believe it will be a game-changer because the recent spike of Ethereum network transaction fees is a disaster to an average Ethereum user like me, thats why I hope your project will succeed.

[johnlewis_crypto]

With respect to other competition, SwitchNSwap is different in the sense we will be the only Ethereum based DEX aggregator which will focus on gas efficiency and pro trading features. Our competitors are still "centralised" Decentralised projects and we aim to be fully a community focused platform and will feature public chat boxes and live trends for the community opinions and general reflection. Itll be a happy and chill experience for all of the users Smiley

Technically , we will be first in implementing a layer 2 aggregator solution with gas reduction by using optimistic rollups. This will be different from other blockchains like tomodex and orn dex which are an entirely different ecosystem trying to communicate with the ethereum mainnet. Our solution would be much efficiently integrated and also versatile to the ethereum ecosystem. Any other ecosystem is yet to prove their scalability and security against ethereum so we dont see any other platforms gaining enough volume for the next 3 years Smiley hope this solves the competition part. We believe in the ethereum foundation and system and is proud to develop on it

[Lorix]

Dex has to be connected to the wallet to make the transaction. It can be ethereum wallet and this transaction is very easy. There are many transactions in dex. Dex has become very popular nowadays. Especially uniswap. The tokens get a lot of growth because there are so many investors.

[hair]

Yes. I hope this is a solution, the expensive cost of ethereum gas. how is the progress of this project? is it still running?

[johnlewis_crypto]

they are presently in their Sales stage and Development is in progress. The LitePaper describes the roadmap and platform vision. Please do check it out

[AMG.]

Has anyone checked SNS Litepaper - they are working on an innovative Ethereum Layer 2 sidechain based solution to facilitate the convenience similar to Centralized Exchanges on the Decentralized liquidity pool protocols like Uniswap , Balancer , Kyber etc. ?

One of a kind Dex with features like Limit orders, Stop loss, minimal gas fee and leverage orders, so far didn't find anywhere else.

check out https:// switchnswap.tech/

https:// switchnswap.tech/SNS_Litepaper.pdf

(remove space before switchnswap)

Your whitepaper says little about the side chain you intend to implement and how it will become the solution to the Ethereum gas problem.

Thanks for your time to go through our Litepaper. We only gave a light touch on the technical solution as Litepaper is intending to create awareness about the project and provide general information about the project. The Whitepaper will be published later which will be more tech heavy and provide the sidechain solution we are working on.
To answer you question - we will be implementing - Optimistic rollups as the layer 2 solution where trades will be aggregated on an OVM layer and relayed to the mainchain for execution. The aggregation of orders will divide the gas fee for individual orders.

thanks for the answer
what are your further development plans in terms of attracting investments? or do you have the ability to develop your marketing strategy?

[Online]

they are presently in their Sales stage and Development is in progress. The LitePaper describes the roadmap and platform vision. Please do check it out

where can i see the #DevelopmentTeam ?

[cynthiaaddison]

When you say less gas, what percentage or ranging are you talking about?