LATTICE EXCHANGE: REVOLUTIONIZING CURRENT DEFI WITH CONSTELLATION HYPERGRAPH TRANSFER PRPTOCOL (HGTP)

in #lattice4 years ago (edited)

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The global financial solutions for crypto assets have been improving tremendously, but yet to get to the zenith of its service. Hence, lattice brings a progression of change to the world financial crypto trading assets. It gives users and liquidity providers the leverage to acquire automated market making (AMM) algorithms, and champion the development of existing decentralized finance (DeFi) solutions by boosting confidence in crypto assets trading and settlements. The recent DeFi application has some short comings because the base layer protocol of the blockchain infrastructures are limited in scaleability, have high cost and slow transaction, and are not equipped to process centralized data processing tool. Also, there is need to unlock more capital from multiple ecosystem and bridged fractionalized liquidity by aggregating liquidity pool. However, lattice ushers a new breakthrough infrastructure protocol called constellation network, Hypergraph. This feature is a graph based data base that is known as directed Acyclic graph (DAG). With dynamic partitioning, it has the ability of enabling efficient data distribution around a decentralized distribution network. Also, it uses its Hypergraph Transfer Protocol (HGTP) to organize network perfectly. The Hypergraph Transfer Protocol (HGTP), built with mathematical proofs and parallel consensus, facilitate fast and scaleable transfer of data throughout the system, and ensure easy cross-chain interoperability which exist with other networks plus existing data management and cloud infrastructures. Lattice application has a new architecture of constellation microservice that accommodates ecosystem of application that will synergize blockchain and traditional systems and applications. This feature ensures that smart contracts and block chain applications on crytocurrency every day, and ensure better scaleability of resources with integrated data sources.

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Lattice solution has LTX governance committee that was formed to instill orderliness among the constellation team who developed the protocol, by processing proposals and letting the community vote on them. The purpose is to fully decentralize it for the governance of the token holders of the protocol for easy users’ access.

Because of the volatility of cryptocurrency market, lattice liquidity pool provides liquidity aggregation. Liquidity aggregation makes it possible to gather buy and sell orders from different sources and direct them to the executing party. It enables assets to be bought at different price. Hence, lattice provides additional liquidity with good return for the platform users. It also optimizes the automated market making (AMM) algorithm for utility tokens, bringing higher returns to the users.

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The constellation’s ecosystem and technology solves the problem of Ethereum and provide a better solution to the existing Defi market. One of the ways the constellation’s ecosystem can increase the market size and the potential of industry is by addressing transaction cost. It provide a more cost effective means of transaction by ensuring faster and free transaction fee. Also, unlike the current application, lattice exchange, powered by constellation, provides a low slippage environment for transaction. Slippage is the difference between the expected price and
executed price. For an instance, a slippage of 0.0003 would represent a 0.03% price change between the expected price and the executed price. Each transaction that happens on this platform, the transaction fee is initially pegged at 0.03%, and it can be changed depending on the decision of the governing committee. Most of the transaction fees are given to the liquidity providers in a respective pool and the remaining fee is exchanged with LTX token before burning to reduce the supply of circulating token.

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Lattice exchange provides opportunity for liquidity farming, by taking advantage of the constellation’s HGTP integrated as base layer protocol, which allows more complex trading algorithm and facilitates faster trades. The ecosystem of trades in this platform allows complex data and structures that promote elaborate computation needs like real time trade. This feature will serve as an income generating activities to the poor people, by investing in activities, such as

Farming, trading, buying of cow that produces milk or a piece of land whose value may rise in due time. It will enable investors harvest liquidity, apart from their income and fixed asset, which they can use to meet they daily needs or emergency.

A sponsored article written for a bounty reward.

Website: https://lattice.exchange/

White paper: https://lattice.exchange/Lattice-Exchange-Official-Whitepaper.pdf

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