Lattice

What is Lattice (LTX)?

Lattice Exchange (LTX) is an automated market maker (AMM) platform built on the Hypergraph Network utilizing Constellation's Hypergraph Transport Protocol (HGTP) technology. It aims to revolutionize decentralized finance (DeFi) by providing advanced trading solutions for crypto assets.

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Recent Video Interview

Main points of the interview:

• Ben Jorgensen, co-founder of Lattice Exchange and CEO of Constellation Network. shares his background.
• Constellation Network focuses on scalable, secure data transfer.
• The company partners with the U.S. government and enterprises.
• Lattice Exchange, a DeFi app, aims for decentralized governance and zero trading settlement fees.

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Highlights of Lattice Exchange (LTX)

• Built with compatibility with the Ethereum Blockchain, leveraging the substantial liquidity from AMMs on Ethereum.
• Offers a solution to Ethereum's congestion problem by deploying AMMs at lower costs for both users and developers.

Roadmaps & Updates

• Phase 1: Focuses on increasing the number of AMMs for certain tokens while providing liquidity for Ethereum.
• Phase 2 (Q1 & Q2 2021): Concentrates on enabling cross-chain transactions between Ethereum and Hypergraph, and opens additional liquidity provision for DAG, Hypergraph's native token.
• Phase 3 (Q3 & Q4 2021): Involves migrating from Ethereum to Constellation Hypergraph, operating on Constellation through micro-services.

Lattice Exchange aims to enhance DeFi solutions by offering assurance in crypto asset trading and settlements. It provides users with the ability to incorporate multiple specialized and asset-specific automated market-making algorithms, advancing the blockchain industry with cost-effective financial instruments. The platform addresses the weaknesses of current DeFi applications by offering thicker liquidity, institutional-grade AMM algorithms, and faster, less expensive settlements through the use of Constellation HGTP. By bringing institutional-grade reliability and usability to the DeFi ecosystem, Lattice Exchange aims to evolve the landscape of decentralized finance.

Features

• Flexible Liquidity Pool: Enables lenders to earn transaction fees on their liquidity deposits.
• Advanced Matching Algorithms: Provides a platform for pluggable institutional-grade order matching algorithms that are asset-specific.
• Automated Market Making: AMM based on the liquidity pool.

Tokenomics

The Lattice Token (LTX) serves as the governance token within the Lattice exchange ecosystem. Holders of LTX enjoy rights regarding economic parameters such as transaction fees and inflation/deflation. The token is designed to be fully decentralized and governed by protocol token holders for the benefit of platform users. Unlike traditional 'order book' based DEXes, the liquidity provider mainly contributes to the platform by depositing in the pool and earning transaction fees. LTX incentivizes trading activities on the platform and rewards users who add assets into the protocol.

Partners and Similar Assets

Lattice's partners: Chronos Ventures, Block 8848, AlphaBit, Hillrise Capital, Moonrock Capital, Crypto Labs, FBG Capital, GSR, Global Digital Assets...

Some similar assets to Lattice: Adappter, Adventure Gold, aelf, AIOZ Network, Alchemy Pay, AirDAO, Bitune, apM Coin, Arkham...

Project Development

Lattice Gateway recently announced an exciting partnership with LiFi, a prominent bridge and decentralized exchange (DEX) aggregation protocol, offering a seamless solution for swapping $LTX tokens. This collaboration comes in response to the delisting of $LTX on KuCoin, providing the community with enhanced accessibility. Leveraging LiFi's capabilities, users can now perform cross-chain swaps on Ethereum Virtual Machine (EVM) networks, eliminating complexities and streamlining the swapping process. Through Lattice Gateway, users can directly swap $LTX tokens with ease. The process is straightforward: users visit the user-friendly platform, select the LiFi swap function, securely connect their preferred wallet, enter the desired swap amount, and confirm the transaction.

This partnership underscores Lattice Gateway's commitment to providing convenience and accessibility to its community, marking a significant milestone in the $LTX journey and demonstrating dedication to simplifying token swapping processes.

Lattice Price Analysis

As of December 25 2024 Lattice has a marketcap of $4.6M. This is {{percentagefromath}} from its all time high of $2.79. In terms of its tokenomics, there's a total supply of 100M with 32% currently outstanding. Keep in mind Lattice has a fully diluted value of $14M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.