FeeFree  DeFi - dapp.expert
FeeFree
Category: DeFi Blockchain: Ethereum Language: English Platform: Web
Contact person’s name: FeeFree Email: Location: Singapore

FeeFree

Background

In the Ethereum ecosystem, Uniswap is the leading DEX, but it charges fees ranging from 0.01% to 1% on LPs, which has increased transaction costs and hindered the rapid development of the ecosystem. This has also limited the accessibility of blockchain technology to a wider audience.

Robinhood has achieved tremendous success in the United States, with over 30 million active users. Their core strategy of offering commission-free trading has been a major factor contributing to their success. The appeal of free services is undeniable, and this serves as an example for the success of FeeFree.

What is FeeFree?

FeeFree is a decentralized exchange (DEX) that provides a fee-free DeFi experience with zero LP fees. FeeFree aims to minimize gas costs, with each transaction incurring only a nominal flat gas fee per transaction (less than $0.1 per transaction).

Goal

To reach 10,000 active users.

How will we achieve this?

  1. Set a zero fee rate for the liquidity pool.
  2. Provide initial liquidity through our own funds, seed rounds, and grants.
  3. Set a specific lock-up period.
  4. Use a portion of the gas fees to reward the initial liquidity providers.
  5. Continuously reward liquidity providers with a share of the transaction gas fees received.

Dapp FeeFree

FeeFree Statistics

Users
24 hr: 0
0%
Total: 0
(2400 days)
ATH: 0
(Jul 16, 2024)
Volume
24 hr: 0
0%
Total: 0
(2400 days)
ATH: 0
(Jul 16, 2024)
Transactions
24 hr: 0
0%
Total: 0
(2400 days)
ATH: 0
(Jul 16, 2024)
0

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