Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx
The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...
DEX Aggregators: The Best Trades In The Tezos Ecosystem
There are several decentralized exchanges (DEX) live on the Tezos blockchain. Although they all run on Tezos, they are separate applications and prices can be different on either of them.
This means that it’s often a good practice to compare prices/ trades before you make a trade.
By: Lee Evans
28 November 2022
Disclaimer
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
There are several decentralized exchanges (DEX) live on the Tezos blockchain. Although they all run on Tezos, they are separate applications and prices can be different on either of them.
This means that it’s often a good practice to compare prices/ trades before you make a trade.
If you would want to make this comparison yourself, you would need to access all the DEXes and see what result your trade would be.
A DEX Aggregator is a decentralized application (dApp) that is specifically designed to make this comparison for you and allows you to make the trade. This way you can make the best trade at that time.
Additionally, an aggregator can “…also solve a major issue in low ecosystem liquidity by utilizing a technique called split pool weighting trading.
What this does is utilizes multiple pools across all DEXs to build multiple swaps inside of a single trade.
This provides the most optimal swap for users when they trade their tokens.”
Crunchy offers DeFi as a service and enables anyone to farm, start a farm, trade and lock up tokens in the Deep Freezer.
One of the much anticipated features is the Pie Slicer which allows users to tokenize/ fractionalize NFTs.
Another convenient feature is the Crunchy portfolio display which shows all your tokens, current value, your staked tokens on different platforms and provides liquidity on several DEXes.
3Route
3Route is developed by the Baking Bad team, which is known for many important pillars of the Tezos ecosystem.
Like Baking Bad which is a reliable source to check for a good baker to delegate your XTZ to, block explorer tzkt.io, and atomic swap exchange Atomex.
Pick.fi
Pick.fi was one of the projects that was developed during the Encode x Tezos accelerator Hackathon.
Disclaimer
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
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Etherlink, the Tezos blockchain’s latest Layer 2 solution, is set to redefine the landscape of decentralized applications (DApps) with its upcoming mainnet launch in March 2024. This EVM-compatible, optimistic rollup distinguishes itself from other external Layer 2 platforms like Arbitrum, Optimism, and Polygon, due to its unique enshrinement within the Tezos blockchain.
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