Developer Ecosystem
End User Experience & Adoption
Kromatika Finance icon

Kromatika Finance

Project

0x55...70Bd

MetaDex Aggregator, Swap, Felo, Gasless and Perpetuals

Appears in
24 ballots

Contribution

- Decentralized Fees Earning Limit Orders. First Limit orders on optimism - KROM/OP Pool + KROM / WETH Pool - Pleasant UI and UX - Liqiuidity Mining - Airdrop - Swap feature - True Web3: Opensourced all code, Decentralized, run by DAO Governance - DAO Treasury is 4/5 multisignature contract

Impact

Kromatika has deployed Limit Orders (FELO) and a Swap Aggregator on OP. By using UniV3 liquidity and Keeper smart contracts, we automate limit trades, eliminating price slippage, BOT attacks and swap fees. To date : - $3.6M in limit orders, - Average $924/order - Between 1 & 9% LP fees on top of their trades. It boasts an impressive market fit with 60-70% of new users becoming returning users! The MetaDex Aggregator is an "aggregator of aggregators" searching for the deepest liquidity pools with lowest slippage to provide the best instant swap rates to users. Gasless Swap will also be released soon (using Biconomy relayers) as part of the Gov Fund received. Without any VCs/ICO rounds, Kromatika is organically growing, expanding its suite of products and among top 10 DEXs by TVL.

Funding sources

Governance fund
https://gov.optimism.io/t/ready-gf-phase-1-proposal-cycle-6-kromatika/3306
300,000.00 OP