💸LamboSwap & Profile Tracker
Last updated
Last updated
LamboSwap is decentralized crypto exchange and a key tool within the $LAMBO ecosystem, which allows users to trade any ERC-20 based token. The swap provides another method of accessing the $LAMBO token, in addition to the current exchanges which supports the $LAMBO token or through Uniswap.
LamboSwap utilizes some of the latest features in DeFi, creating a safe and user-friendly DEX platform keeping in mind the future development of the Swap. LamboSwap has proven to be faster than Uniswap and has zero downtime.
Expert Mode: An advanced feature that provides additional options and customization settings for experienced users or traders who require more control over their transactions. This could include, Slippage Tolerance, Gas Price Selection, Transaction Settings & Token Selection. Expert mode is designed for users who are familiar with the intricacies of decentralized exchanges and understand the risks and implications of adjusting these settings. It empowers experienced traders to optimize their trading strategies and take advantage of market conditions, but it's important to use these features with caution and understand the potential impact they can have on your transactions.
Multihops: Let's say you want to swap Token A for Token D, but there is no direct trading pair available between these two tokens. In a traditional DEX setup, you would need to first swap Token A for an intermediary token, such as Token B, and then swap Token B for Token C, and finally swap Token C for Token D. This would require executing three separate transactions. However, with the concept of multihops built into LamboSwap, the DEX can optimize this process by automatically finding the most efficient trading route to perform the swap with the least number of transactions.
Transaction Deadlines: When submitting a transaction on LamboSwap, users can set a transaction deadline to indicate the maximum amount of time they are willing to wait for the transaction to be included in a block and confirmed by the network. If the transaction fails to be confirmed within the specified deadline, it is typically considered expired, and the DEX may cancel or revert the transaction.
MevBlocker: Currently under development, the Lambo MevBlocker will be designed to address the issue of being ‘front run’ by introducing techniques to neutralize or reduce the opportunity for miners to exploit transaction ordering. The blockers will make transaction execution more deterministic, predictable, and resistant to manipulation.
Lambo Router Address: When a user submits a trade on a DEX, the transaction is typically directed to the router contract, which then determines the optimal trading path or route to execute the trade. The router interacts with different liquidity pools and liquidity providers to ensure efficient token swaps and liquidity availability. The LamboSwap router address aims to grow to become a commonly used method when token’s are adding liquidity to a DEX, and also allows the LamboSwap to generate revenue for the $LAMBO token through a trading fee of approx. 1%.
Liquidity Provider: Through the LamboSwap DEX, token developers are able to add liquidity to their tokens and have the token listed on the DEX.
Real-time Charting: Paired with the LamboSwap, the charting tool allows users to view the chart history of their token in real-time while able to swap the token through the user-friendly interface.
