Atomiq DEX
Our Atomiq DEX taps into Bitcoin liquidity by exchanging native Bitcoin directly for tokens across other networks, all without the hassle of wrapped assets. The DEX is driven by Atomic Swaps, which enable you to securely swap native tokens across different chains.
It lets users swap Mintlayer ML coins, Mintlayer-based tokens (MLS-01), and BTC directly from their wallets. The DEX will feature a user-friendly interface and advanced trading tools and will eventually support multiple blockchain networks to allow for direct cross-chain swaps. We will be building the DEX in phases and launching them with new features in each phase. Following are the first three phases of the DEX:
The first version of the DEX will allow for same-chain atomic swaps. Essentially catering to the ML coin holders and tokens minted on the Mintlayer network using the MLS tokenization standard (MLS-01). It is important to launch with this first as it allows for trading of any MLS-01 tokens launched on the AtomiqPad via this DEX with ML.
The next phase of the DEX will allow for BTC and stablecoin swaps with ML and MLS tokens. This is slightly harder to build but will be a large focus of our engineering team.
Phase 3 of the DEX will be built to allow cross-chain atomic swaps. The team is still researching the most efficient way to build this, and more will be revealed as we start coming closer to this phase of the DEX.
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