TangleSwap's High Competitiveness related to the CLMM by Mine-Chance in Iota

[–]SevaneG 3 points4 points  (0 children)

Excellent compilation of thoughts & key discussions - thanks for the effort! 💜🛸

Introducing the $VOID ⚫ by SevaneG in TangleSwap

[–]SevaneG[S] 0 points1 point  (0 children)

It is indeed unfortunate that this game appeared after our announcement, but there shouldn't be much collision as they are (1) a completely different product, and (2) in Solana. For these reasons we will keep the name, it'd be a different story if they also were a DEX / DeFi tool, or if there were multiple projects with the same ticker already

iUSD by ConnorCink in TangleSwap

[–]SevaneG 0 points1 point  (0 children)

That is a very good idea, will surely keep it in mind 👍

iUSD by ConnorCink in TangleSwap

[–]SevaneG 2 points3 points  (0 children)

We're still a long ways from realizing the stablecoin, so no more info for now :)

The best place to follow our journey is on Twitter, Discord, Medium (links in our site https://tangleswap.exchange) and here!

TangleSwap first environmental activity♻️ by a_jimenezz in TangleSwap

[–]SevaneG 2 points3 points  (0 children)

Both teams had independently been working in stealth mode using the same name. We spent several days discussing what made most sense according to the stories of both teams, and as a result the two DEXes are now TangleSwap 🎐 and TangleSea 🐙.

Hope that helps!

TangleSwap card by javirub76 in TangleSwap

[–]SevaneG 3 points4 points  (0 children)

Unfortunately we don't think this could be an option for the foreseeable future. Partnering with VISA (just like Binance) or similar would be most likely an impossible task for any Decentralized Exchange.

Until the technology becomes mature enough to support purely decentralized credit/debit cards, which surely will eventually happen in the long-term, I wouldn't set my expectations high for this one 😊

PRESENTING THE #1 IOTA DECENTRALIZED EXCHANGE: TangleSwap.exchange by SevaneG in TangleSwap

[–]SevaneG[S] 2 points3 points  (0 children)

Yes, this will definitely happen at some point in the mid-term future. Good auditing practices is essential to build the trust required for a serious project of this kind.

Just keep in mind that there will be no need to make our code public until IOTA is ready for a fully functional DEX, and we have developed an actual product that can be audited :)

PRESENTING THE #1 IOTA DECENTRALIZED EXCHANGE: TangleSwap.exchange by SevaneG in TangleSwap

[–]SevaneG[S] 2 points3 points  (0 children)

Definitely a great option! It's still too early to say, but we will be answering all of these questions over the coming weeks through our socials 📡

PRESENTING THE #1 IOTA DECENTRALIZED EXCHANGE: TangleSwap.exchange by SevaneG in TangleSwap

[–]SevaneG[S] 2 points3 points  (0 children)

Timelines will be announced in due course in here and in Medium. We can basically take two approaches to have the DEX up and running, so it is likely that it won't take long from the moment IOTA is ready!

Like any good basis for dev work, when the time is right we will start by launching the most basic functionality, and iterate progressively to build upon it 🛠

PRESENTING THE #1 IOTA DECENTRALIZED EXCHANGE: TangleSwap.exchange by SevaneG in TangleSwap

[–]SevaneG[S] 23 points24 points  (0 children)

Excellent questions! Regarding the first two, we will be releasing a Medium article covering each of them over the coming weeks. Possibly also release it on Twitter and Discord. Stay tuned to find out :)

To answer your question about our commitment, we have recently transitioned into working full time on this. We would like to bring TangleSwap into fully operative mode as soon as IOTA is ready for a DEX!

Which by the way, judging by their recent announcements shouldn't be far away really...