Below is an overview of the recent advancements concerning the TETRA Protocol!
Atlas & Stratus: Completion and Dependencies
The TETRA Protocol has successfully finalized the development of two integral projects: Atlas and Stratus. While both are poised to play significant roles, it's imperative to note that Atlas necessitates a DEX (Decentralized Exchange) aggregator for optimal functionality.
Repercussions of the OKX Delisting
The decision by OKX to delist Pulse has not been without consequences. TETRA's collaboration with a designated team for DEX aggregation was notably affected, introducing unforeseen complexities into the development trajectory.
TETRA's Response
In response to these challenges, TETRA has decided to develop its own DEX aggregator. This initiative underscores TETRA's commitment to ensuring that Atlas operates seamlessly and provides a sophisticated user experience.
Aggregator Features
The forthcoming DEX aggregator is designed to incorporate advanced features, including but not limited to, limit orders and batch transactions. Such functionalities aim to offer users a refined control mechanism and efficient trading operations.
Benefits for TETRA Stakers
In a strategic move to foster community engagement and reward participation, TETRA has announced that stakers will be the beneficiaries of 100% of the swap fees generated via the new DEX Aggregator.
Anticipated Timeline
TETRA has announced September for the anticipated launch of both the DEX aggregator and Atlas, marking a significant milestone in its developmental timeline.
In conclusion, the TETRA Protocol's commitment to addressing challenges, innovating solutions, and enhancing user experience remains unwavering. As stakeholders in the blockchain domain, staying informed is crucial.
Be sure to read the official announcement on the Tetra telegram!
Also, check out my tweet summarizing the update!
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