CryptoThrust X TitanSwap AMA
Guest: Titan(CR)
Segment 1- Project Introduction
Q1) Please tell us about yourself and your team? Share your experience in crypto.
‘m the community representative of TitanSwap. TitanSwap is a Defi project that combines the features of the predecessor in the decentralized finance ecosystem, wishing to provide new millennials and Z-generations with completely self-controlling financial products. With a small number of digital assets and little understanding of the complex on-chain transactions and advanced financial knowledge, users can participate in the project. TitanSwap is a Defi project that combines the features of the predecessor in the decentralized finance ecosystem, wishing to provide new millennials and Z-generations with completely self-controlling financial products. With a small number of digital assets and little understanding of the complex on-chain transactions and advanced financial knowledge, users can participate in the project.
Q2) Can you introduce the Titan project to our community?
In light of Uniswap and other DEX products’ success, TITAN integrates automated order execution features such as AMM, aggregated trading, limit orders, etc., and is also synchronizing innovations such as cross-chain asset exchange and improvements to the AMM market-making mechanism. TitanSwap proposes many optimizations and innovative ideas from the perspectives of both the traders and the liquidity providers, which can be considered the advanced version of Uniswap.In light of Uniswap and other DEX products’ success, TITAN integrates automated order execution features such as AMM, aggregated trading, limit orders, etc., and is also synchronizing innovations such as cross-chain asset exchange and improvements to the AMM market-making mechanism. TitanSwap proposes many optimizations and innovative ideas from the perspectives of both the traders and the liquidity providers, which can be considered as the advanced version of Uniswap.
Q3)What elements does it consist of?
TITAN mainly consists of the following two parts.
• TITAN Swap: A DEX based on the automatic market maker (AMM) mechanism, which gives its users the possibility of a one-stop cross-chain asset exchange based on new features.
• TITAN DAO: A decentralized community organization with TITAN being the governance token of TITAN DAO which has the proposal and voting rights that will jointly determine the future of TitanSwap.
TITAN mainly consists of the following two parts.
Q4) What are the unique features of this project?
TITAN Automated Order： It is an AMM-based automated order mechanism that can automatically execute the orders in the order of the queue when the order reaches the predetermined execution price. It is also able to provide arbitrageurs with automated tools and improve the AMM price formation mechanism.
TITAN Smart Route： TITAN’s order cross-chain intelligent routing, which realizes the automatic selection of multiple main chain liquidity pools. It supports more trading pairs and lower slippage.
TITAN Address Audit： Audit and provide a List based on Reputation to avoid scam coins, it’s also a clarion call for quality projects.• TITAN Adaptive Bonding Curve： It can achieve a perfect combination of greater liquidity and a better price discovery mechanism for different asset types according to volatility.
TITAN Layer2 Support： Layer2 protocol was used before ETH2.0 to greatly improve the efficiency of on-chain clearing and settlement, and effectively reduce Gas consumption.
Q5) Can you tell us the vision of TitanSwap?
The goal of TitanSwap is a cross-chain swap.
From the perspective of traders, TitanSwap is committed to providing lower slippage, faster transaction speed, more comprehensive transaction data, richer order types, and cross-chain asset swaps, while not losing any features of DEX. This is also our original intention to design TitanSwapFrom the perspective of traders, TitanSwap is committed to providing lower slippage, faster transaction speed, more comprehensive transaction data, richer order types, and cross-chain asset swaps, while not losing any features of DEX. This is also our original intention to design TitanSwap.
From the perspective of liquidity providers, we are committed to minimizing the risk of impermanent losses, greatly reducing the technical threshold of market makers, enhancing the ability to resist risks and improving market efficiency from the perspective of liquidity providers, we are committed to minimizing the risk of impermanent losses, greatly reducing the technical threshold of market makers, enhancing the ability to resist risks and improving market efficiency.
In short, TitanSwap is a liquid mining DEX that supports multi-chain asset swaps. These goals have contributed to some of the improvements we mentioned before, such as TITAN Adaptive Bonding Curve, TITAN Smart Route, and TITAN Layer2 Support. Moreover, users can be a part of our systemIn short, TitanSwap is a liquid mining DEX that supports multi-chain asset swaps. These goals have contributed to some of the improvements we mentioned before, such as TITAN Adaptive Bonding Curve, TITAN Smart Route, and TITAN Layer2 Support. Moreover, users can be a part of our system.
Q6) What is the difference between Titan Swap and other DEXs?TitanSwap has inherited some of the advantages of the previous DEX, such as Uniswap’s fixed product mechanism AMM. We believe that AMM will still be the mainstream market-making mechanism of DEX in the future. On this basis, we are implementing the TITAN Adaptive Bonding Curve. The previous Curve and Bancor also gave us some inspiration in this regard, but we think we can achieve better. Why not dynamically adjust the Bonding Curve in conjunction with the volatility forecast in the financial sector? In CEX, when the market fluctuates sharply, the market maker will withdraw part of the limit in order to protect itself. Now we are verifying VPIN (The Volume Synchronized Probability of. INformed Trading）to predict volatility and dynamically adjust the bonding curve. The implementation of on-chain contracts brings some challenges, but it is still a direction worth exploringTitanSwap has inherited some of the advantages of the previous DEX, such as Uniswap’s fixed product mechanism AMM. We believe that AMM will still be the mainstream market-making mechanism of DEX in the future. On this basis, we are implementing the TITAN Adaptive Bonding Curve. The previous Curve and Bancor also gave us some inspiration in this regard, but we think we can achieve better. Why not dynamically adjust the Bonding Curve in conjunction with the volatility forecast in the financial sector? In CEX, when the market fluctuates sharply, the market maker will withdraw part of the limit in order to protect itself. Now we are verifying VPIN (The Volume Synchronized Probability of. INformed Trading）to predict volatility and dynamically adjust the bonding curve. The implementation of on-chain contracts brings some challenges, but it is still a direction worth exploring.
Similar to our use of TITAN Smart Route to realize the automatic selection of Uniswap, Sushiswap, TitanSwap liquidity pools, 1inch is a successful aggregation attempt and supports a wider range of liquidity pools, but we have combined TITAN Automated Order and aggregation functions to play a more important role in some interesting scenarios. Of course, in the future, we will combine the liquidity pools of different main chains to further develop this feature similar to our use of TITAN Smart Route to realize the automatic selection of Uniswap, Sushiswap, TitanSwap liquidity pools, 1inch is a successful aggregation attempt and supports a wider range of liquidity pools, but we have combined TITAN Automated Order and aggregation functions to play a more important role in some interesting scenarios. Of course, in the future, we will combine the liquidity pools of different main chains to further develop this feature.
These innovations or uniqueness will also be open-source, just like Uniswap, 1inch, bancor, and curve inspired us, we also wish to change the world, and we hope you can benefit from us and then give back to the community these innovations or uniqueness will also be open-source, just like Uniswap, 1inch, bancor, and curve inspired us, we also wish to change the world, and we hope you can benefit from us and then give back to the community.
Segment 2- Questions from Twitter
Q1)Only Metamask Wallet is supported for the Connect to TitanSwitch. Will other crypto wallets, such as Trust wallet, imToken, and other crypto wallets, be able to connect to #TitanSwap in the future?
Yes, Definitely. It is an important approach to embrace more and more people into TitanSwap. So traders who currently using various wallets could all use TitanSwap easily. The next supported interface may be WalletConnect.Yes, Definitely. It is an important approach to embrace more and more people into TitanSwap. So traders who currently using various wallets could all use TitanSwap easily. The next supported interface may be WalletConnect.
Q2) Security is an important pillar in any business, nowadays there are many fraudulent projects in the Blockchain industry. So Would you tell us if the TitanSwapOrg project has been audited? And in the event of a hack, how do you ensure that our funds are protected?
Yes, it has been audited. We have a security team that focuses solely on protocol security. Their tasks include but are not limited to monitoring transactions, catching issues, and fixing security bugs. The QA team will do testing manually and/or automatically using scripts, and we plan to open-source the test scripts in the near future. Yes, it has been audited. We have a security team that focuses solely on protocol security. Their tasks include but are not limited to monitoring transactions, catching issues, and fixing security bugs. The QA team will do testing manually and/or automatically using scripts, and we plan to open-source the test scripts in the near future.
Code Auditing is also very important to us and all our users, and therefore, we plan to have our contracts audited annually and whenever there is a major update or release. Code Auditing is also very important to us and all our users, and therefore, we plan to have our contracts audited annually and whenever there is a major update or release.
Q3) One of your surprise features is TITAN Automated Order. With so many projects with the same features as yours, can you tell us what makes you different? Also, how will Titan Swap operates in a different and completely decentralized way on multi-chain?
• TITAN Automated Order： It is an AMM-based automated order mechanism that can automatically execute the orders in the order of the queue when the order reaches the predetermined execution price. It is also able to provide arbitrageurs with automated tools and improve the AMM price formation mechanism.
• TITAN Smart Route： TITAN’s order cross-chain intelligent routing, which realizes the automatic selection of multiple main chain liquidity pools. It supports more trading pairs and lower slippage.
• TITAN Address Audit： Audit and provide a List based on Reputation to avoid scam coins, it’s also a clarion call for quality projects.
• TITAN Adaptive Bonding Curve： It can achieve a perfect combination of greater liquidity and a better price discovery mechanism for different asset types according to volatility.
• TITAN Layer2 Support： Layer2 protocol was used before ETH2.0 to greatly improve the efficiency of on-chain clearing and settlement, and effectively reduce Gas consumption.
Q4) Liquidity of a pool affects the price of all currencies. Sometimes due to low liquidity, cryptocurrencies might tend on collapsing or rise. What are the strategies/techniques which you expect to launch in order to increase the liquidity of the pool in TitanSwap in future? Possession of TITAN will have the following purposes.
TITAN is the governance token of the TITAN DAO which provides proposals and voting rights to collectively determine the future of TITAN. Some of the governance rights include:
- TITAN time-weighted voting coefficient — Increase or decrease of the TITAN Pool fee depending on the volatility of the trade.
- Adjusting the speed of liquidity mining to release TITAN
- Adjusting the TITAN allocation weights between different liquidity pools
— A bonus weighting factor for locked voting
- Minimum collateral requirements to become a brokerage Holding and pledging TITAN to become a decentralized brokerage that offers a rich implementation of the TITAN Automated Order to its Traders. The brokerage will receive a percentage of the commission and will reward or penalize TITAN. Rewards and penalties are determined according to whether the service provided meets its goals.
Q5) What is your plan for global expansion? At present, which market does Titan swap focus on, or is it focused on building and growing to gain customers, users and partners ?
TitanSwap was listed on Bithumb, the biggest exchange in Korea, following its debut on Kucoin on April 6th. Soon after the listing, the price of TITAN rocketed up, shocking a large number of users. These sequences of listing on world-class exchanges and excellent performances are solid appreciation and recognition of TitanSwap’s function and innovation in DeFiTitanSwap was listed on Bithumb, the biggest exchange in Korea, following its debut on Kucoin on April 6th. Soon after the listing, the price of TITAN rocketed up, shocking a large number of users. These sequences of listing on world-class exchanges and excellent performances are solid appreciation and recognition of TitanSwap’s function and innovation in DeFi.
Segment 3- Live Telegram Session
Q1) Marketing is a central element for every project so that everyone knows the potential that a project can bring is vital to achieving the goals set. What is your strategy to attract new users and Investors to your platform and keep them long term?
Currently, $TITAN is listed on Huobi Global, Indodax, Poloniex, Hotbit and Cointiger.
TitanSwap was listed on Bithumb, the biggest exchange in Korea, following its debut on Kucoin on April 6th. Soon after the listing, the price of TITAN rocketed up, shocking a large number of users. These sequences of listing on world-class exchanges and excellent performances are solid appreciation and recognition of TitanSwap’s function and innovation in Defi.
Launched in 2020 we identify our mission and vision and work hard to build TitanSwap as a leading DEX aggregator & de-financialization centre.But this is just the beginning, with more and more community members joining and supporting us, our future is not just here.
Remember to add $TITAN to your favourite list! https://coinmarketcap.com/currencies/titanswap/
You’ll get a surprise! Stay tuned for more information!
Q2 Do the token holders have the right to participate in the governance of the project? What kind of, decisions can they vote on about the project.
Yes, Titan expects to build an ecosystem, which is why TITAN DAO is in such an important position. This ecology includes decentralized traders, liquidity providers, and platform builders. Their interests are tied together because the rules are jointly formulated. Titan expects to build an ecosystem, which is why TITAN DAO is in such an important position. This ecology includes decentralized traders, liquidity providers, and platform builders. Their interests are tied together because the rules are jointly formulated.
Q3) Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space?
The experience of DEX users is still very different from that of CEX. Users who are familiar with traditional financial market trading or digital currency centralized exchanges may have a learning curve when they start using a decentralized exchange.
We will integrate the products now available on the market to simplify the operation as much as possible and provide good operational guidance
Q4) What are the benefits of holding your token as a long term investment? Can you tell us about the motivation and benefits for investors to keep your token in the long run?
Titan expects to build an ecosystem, which is why TITAN DAO is in such an important position. This ecology includes decentralized traders, liquidity providers, and platform builders. Their interests are tied together because the rules are jointly formulated.
For example, TitanSwap is a one-stop cross-chain asset swap, which automates the entire process through cross-chain assets, greatly reducing the user’s operating costs and at the same time reducing intermediate transaction costs. This is the benefit that traders will get. Traders will give priority to voting to implement features such as Titan Smart Route and Layer2 support. The income of liquidity providers is also tightly tied to the transaction fees of traders, and we can foresee that feature development is also welcomed by liquidity providers.
Similarly, TITAN Adaptive Bonding Curve directly helps reduce the risk of liquidity providers, thereby attracting more liquidity, and further reducing the slippage of traders. This binding relationship is long-term rather than based on short-term economic incentives
