Dear users of TitanSwap,
Thank you for your continued support and company! Recently, we officially launched TitanSwap 3.0. At this important stage, we open up our own pool, marking a major breakthrough in the construction of TitanSwap.
In the past few months, you have witnessed the official launch of TitanSwap on the market and accompanied the whole update and iteration of our products. For all these, we are very grateful. TitanSwap has always been thinking about users, and has always wished to provide users with a better user experience. Therefore, your support is undoubtedly our driving force for continuous innovation.
When TitanSwap1.0 is available in the market, we emphasised that we are different from other DEXs as we adopted an adaptive bonding curve to achieve a perfect combination of greater liquidity and better price discovery mechanisms for different asset types. The adaptive bonding curve automatically adapts to different joint curves for different asset types, ensuring that users are provided with smaller slippages, lower fees, and accelerated transactions. Moreover, greater liquidity can be injected into the system. On this basis, we actively innovated and added various other features, such as TITAN Address Audit, Titan Smart Route, and Layer2 support, which were greatly welcomed by liquidity providers.
TitanSwap 2.0 is fully compatible with Uniswap pool, supporting all Uniswap trading pairs and the same liquidity. It also supports Metamask plug-in wallet to maximise the universality of desktop browser users. These characteristics make us stand out among the many DEXs on the market.
In addition, TitanSwap 2.0 abandons the shortcomings of AMM and implements limit orders in the AMM model at the same time, becoming the first DEX on the entire network to support AMM limit orders. TitanSwap realises the automatic execution of limit orders through the non-custodial method of smart contracts, as well as the function of viewing the “transaction history” list of limit orders. Also, the transaction page data can be preloaded, which greatly improves the loading speed of the transaction page.
With TitanSwap 2.0, the user’s trading experience is greatly improved. Users can easily view the historical transaction price curve, transaction pair liquidity information, etc. while trading, avoiding blind spots in Swap transactions. In addition, users can trade according to their own capital ratio and compare price differences under the same transaction volume more easily with the trading interface.
In late September, we witnessed a series of fruitful results: TitanSwap was launched on Huobi Global, Bithumb Global, and Coin Tiger; the TitanSwap team received great attention in the global community and was invited to communicate with multiple international communities. More importantly, the recent 2020 Star Power award of the Most Noteworthy DEX of 2020 is a high recognition of our continuous efforts.
With the great success in our first and second phases, we worked hard to present TitanSwap 3.0 to users.
In the TitanSwap 3.0 stage, we introduced the following features:
1. By adding liquidity to TitanSwap’s ETH or USDT-related trading pairs, users can get a TITAN reward of 0.4% of the transaction volume, and the transaction fee remains unchanged at 0.3%.
Compared to other DEXs such as UniSwap, although users still need to spend 0.3% of the transaction fee on TitanSwap, the liquidity provider can earn 0.4% of TITAN rewards. In other words, TitanSwap’s own liquidity pool is willing to provide users with profit of 1/3 more.
2. Support TitanSwap to build a liquidity pool for any trading pair.
3. Anyone can add/remove liquidity for TitanSwap or Uniswap Pool.
4. Restructure the entire product data collection function, and we can now read data directly from the block and real-time statistics. It can support more latitude, more granular data statistics, and improve the data refresh frequency.
5. Added Chinese language support.
To allow the majority of Chinese users to use our platform freely, we have specially developed the Chinese version, and hope that users from China can enjoy it.
6. Launch the announcement module.
Based on above, you can see that our new version still thinks from the perspective of users, and we hope that you users can develop with us together and improve our TitanSwap ecology.
Although Ethereum carries most of the digital assets today, we believe that Swap should not only serve Ethereum. Users should not convert ERC20 assets to ETH through Uniswap, and then convert them to TRX elsewhere, and finally convert them to TRC20 tokens in JustSwap. The entire operation process is too long and too cumbersome.
For TitanSwap, our future goal is to become a real cross-chain swap that achieves one-stop cross-chain asset swaps, and automate the entire process through cross-chain assets. In this way, we can greatly reduce users’ operating costs and intermediate transaction costs.
In the near future, TITAN Smart Route will target other main chain assets on Ethereum to realise cross-chain asset exchange. At that time, the exchange of TRC-20 to ERC20 can be completed through multiple main chains, multiple liquidity pools, and multiple exchange steps, realising real non-custodial cross-main chain asset exchange, supporting more trading pairs, and completing one-stop cross-chain asset swap.
2020 is a year of drama, and it has also become a turning point for many DeFi and blockchain projects. In our third phase, we hope to fight side by side with you to create our Titan community together.
In the end, we are grateful that you have been here with us and we wish that you can always be here with us.
Kind regards.
TitanSwap team
November 10, 2020
