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Cryptocurrencies
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Exchanges
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Media
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Cryptocurrencies
Exchanges
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The design concept of the TurboSwap project comes from the team's in-depth thinking on the nature of the financial and DeFi fields. The large scale and quantity of assets on the chain inevitably require fast, zero-friction, and trustless real-time exchange. Therefore, although the DEX based on the new token exchange protocol represented by Uniswap is highly competitive, there is still huge demand and market potential. At the same time, due to the technical limitations of blockchain and DeFi, the current DEX track projects, especially those based on the ETH chain, still have many problems and deficiencies. As long as these problems can be resolved, it will be an opportunity for TurboSwap to stand out.
1) The gas fee is too high.
2) Delay in transactions.
3) Impermanent Loss caused by AMM algorithm.
4) Slippage for large-scale transactions is too high.
Aiming at the above problems and pain points, TurboSwap proposes a new token exchange protocol, which integrates the PMM algorithm and the second-layer extended network technology. It is designed to improve trading performance while eliminating the impermanent loss of liquidity caused by market maker algorithms. In addition, TurboSwap will also launch platform NFT minting and staking functions, which will bring more benefits to users.