What is Atlas DEX? All information about Atlas DEX and token ATS

• Overview of Atlas DEX
• What is Atlas DEX?
• Features of Atlas DEX
• The main products of Atlas DEX
• Development team, investor of the Atlas DEX project
• ATS . Token Overview
• What is ATS token?
• ATS . Token Details
• Assess the potential of Atlas DEX and should invest in ATS tokens?
• summary

Overview of Atlas DEX

What is Atlas DEX?

Atlas DEX is a decentralized exchange using cross-chain technology (Cross-chain) built on the Solana blockchain . The project will aggregate liquidity on popular AMMs in the DeFi space and make it available to users through a user-friendly interface. At the same time, with abundant liquidity, Atlas DEX allows investors to make transactions seamlessly.

Instead of simply using the liquidity available on a DEX as usual, Atlas DEX will allow users to leverage liquidity across a range of Pools aggregated from multiple AMMs available in DeFi. Therefore, transactions on Atlas DEX will be processed quickly and reduce the risk of slippage. 

In addition, Atlas DEX smart contracts are very complex and require parallel execution to give users a great experience with the lowest transaction fees. 

To meet that, a strong and fast blockchain is required, so Atlas DEX chose Solana to develop. Because, Solana is a high performance permissionless blockchain with processing speed of up to 50,000 transactions per second and block time of around 400 milliseconds. Thus, Atlas DEX gives users a platform that can process swaps super fast at extremely low cost.

Features of Atlas DEX

Limit the problem of slippage

For high volume trades or illiquid tokens on existing CEX and DEX exchanges, users must execute them simultaneously on multiple exchanges, or split into multiple orders for best efficiency. as well as avoid the risk of price slippage. 

Atlas DEX will automatically compare available liquidity on behalf of users and calculate the most efficient way to split transactions. That way, slippage costs are reduced to a minimum and trading operations also become simpler. 

To do this, Atlas DEX uses a “guiding light” algorithm that divides transactions into smaller chunks across different protocols to find the most efficient option with the lowest slippage. 

That is, when a user enters a transaction, the technology of Atlas DEX breaks it down into many different orders. Then execute transactions on multiple platforms simultaneously to achieve the best price and transaction processing speed.

Cross-Chain Wormhole Bridge

By integrating Solana's "Wormhole" technology - a two-way decentralized bridge that works on the consensus of two different blockchains, it allows cross-chain swaps. 

At an early stage, Atlas DEX will use Wormhole to connect the Solana blockchain to Ethereum. In the future, when the Atlas DEX scheme is developed, the platform will connect more blockchains, such as Binance Smart Chain . This will expand the scope of liquidity matching from every platform in the DeFi space.

It also provides Atlas users with the best source of liquidity as well as transactions executed at prices close to real-time value. Moreover, when combined with many other AMM DEXs, Atlas DEX will create more profit maximization opportunities in the simplest way for investors.

Transactions are done quickly

As mentioned, Atlas DEX is built on Solana's blockchain, so transactions are processed quickly, as well as ensuring the lowest transaction costs. 

The main products of Atlas DEX

Trading

Atlas DEX provides users with a simple and easy to use trading interface. In addition, the project uses "guiding light" technology and provides an abundant source of liquidity so users can trade at the best price and minimize slippage.

Pool

Besides aggregating liquidity from other AMMs, Atlas DEX also provides liquidity pools. Users can add liquidity to those pools and receive a certain amount of interest. This product is in the process of being completed and will be available to users soon.

Dashboard

This is a place that allows users to connect wallets and view all their DeFi assets. In other words, Dashboard is a simple UI map used to aggregate liquidity across popular AMMs in DeFi and enable them to execute transactions seamlessly. This product will also be released soon for users to experience.

NFT Marketplace

Atlas DEX also allows users to easily create, buy or sell NFTs. Atlas DEX plans to develop a transparent marketplace for NFT assets with the ability to exclude bot impact, as well as limit the case of one wallet holding hundreds of NFT collections. 

This will ensure fair distribution of opportunities for all attendees. It also helps drive the value of NFT assets in the market.

Development team, investor of the Atlas DEX project

Development team

Atlas DEX started the concept phase in Q2 2021 with a 9-member developer team. Up to now, Atlas DEX team members have accumulated more than 22 years of blockchain development experience.

In the past, team members have designed and developed some complex solutions on Ethereum and Binance Smart Chain. Currently, these solutions have been developed by the team in detail for Atlas DEX.

Investors

Atlas DEX has raised over US$6 million led by Jump Capital. Besides, this fundraising round also featured many large investment funds in the market such as Huobi Ventures, Genesis Block Ventures, Solidity Ventures, Genblock Capital, 3Commas Capital, Solar Eco Fund, Momentum 6, GSR, 0x Ventures, Bixin Ventures, AU21 Capital and Paramount Capital.

Partner

The current partner of Atlas DEX is Chainlink – an Oracle platform responsible for securing tens of billions of US dollars on smart contracts. At the same time, Chainlink also ensures that DeFi protocols are safe when unexpected circumstances occur, such as exchange downtime or attacks that manipulate data through loans. Fast (Flash Loan Attack).

Atlas DEX Development Roadmap

Q1 2022: Atlas DEX will launch NFT v1 platform, Margin Trading v1 and liquidity pools.

Q2 2022: The project will integrate more chains, launch Dashboard v2 and options market.

Q3 2022: Atlas DEX will add Yield farming and launch a governance protocol.

Q4 2022: This platform will continue to research and develop cross-chain technology and integrate many new chains.

ATS . Token Overview

What is ATS token?

ATS is the governance token of Atlas DEX and has the following functions:

• ATS holders can enjoy reduced trading fees on Atlas DEX.
• ATS holders can participate in governance by voting.

ATS . Token Details

• Ticker: ATS
• Blockchain Network: Solana (SPL)
• Total Supply: 250,000,000 ATS
• Circulating Supply: 2,625,000 ATS

P distribution of ATS . tokens

Initially, Atlas DEX will issue 2,625,000 ATS for IDO and IEO events. The remaining tokens will be allocated to the following groups, but the specific amount has not been announced by the project:

• Community Incentives & Marketing: ATS will be used to promote and encourage users to use the Atlas DEX platform.
• Liquidity & Platform Incentive: ATS is used to reward users who contribute liquidity to Atlas DEX.
• Treasury Reserves: The ATS allocated to this group will be locked.
• Team & Advisors: ATS numbers for teams and advisors will be locked for 12 months from the start of the IDO, then amortized linearly over 2.5 years.
• Key Partners: 90% of this group's ATS tokens will be issued linearly over 2 years.

Assess the potential of Atlas DEX and should invest in ATS tokens?

In recent times, the decentralized finance (DeFi) market has had a great development. In particular, DeFi protocols, especially AMM DEX, have greatly contributed to promoting the development, as well as attracting capital flows from a huge number of users. 

However, it still causes some major problems for the decentralized financial market. Such as a significant price difference between two AMM DEXs or multiple tokens that are only listed on a decentralized exchange and are very illiquid. Users often have to search for an AMM broker that offers the best price and liquidity. 

Atlas DEX was created to solve the above problems by providing a rich source of liquidity and automatically calculating the best trading plan. At the same time, Atlas DEX takes advantage of Solana's advantages to build a platform that executes transactions quickly and at low cost. 

Currently, the project has not launched a token yet, so it is still too early to answer the question "should I invest in ATS tokens?". If investors are interested in the project, they can follow the project through some official information channels such as:

Website | Twitter | Discord | Medium 

summary

Above is information about Atlas DEX project and ATLAS token. Not just a DEX, the project is also a cross-chain liquidity aggregator. It allows investors to perform spot, swap, margin and options market transactions on a single platform. With the information provided by TraderH4, hopefully readers can assess the development potential of Atlas DEX for themselves.

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