Kromatika Finance uses smart contracts to empower blockchain users and solve the problems they face on a daily basis. Striving to contribute to the core values of the blockchain, which include trust, decentralized structure, innovation and, above all, cost reduction, it is becoming an integral part of the decentralized community.
About the Kromatika Finance project
Kromatika Finance — a decentralized exchange (DEX), powered by Uniswap and Chainlink, offering its users an innovative and better trading experience. $ KROM - an ERC20 token, initially deployed to Ethereum. It is protected by OpenZepellin and verified by MythX.
Distinctive features:
| Smart contracts | Using proven smart contracts to create and process deals. |
| User interface (UI) | The user interface allows interaction between the user of Kromatika smart contracts. |
| Treatment | A decentralized off-chain processing service, maintained by Chainlink Keepers, responsible for the active processing of transactions. |
| $KROM Token | ERC-20 token, used to pay for Chainlink Keepers data processing services (paid by users). |
There are 100 million KROM tokens. 60M (60%) is available on Uniswap. This amount is permanently locked by the Uniswap protocol as the original Uniswap LP token is burned. 20 million (20%) help to provide second-level liquidity for Arbitrum and Optimism (10 million each). 10 million (10%) - added to Gnosis multi-signature wallet.
To receive tokens, you need to send ETH to the Arbitrum network (L2). You can do this with a centralized exchange like Binance, which supports Arbitrum's network transactions. Alternatively, you can use the ETH Synapse Bridge to convert your ETH from the main network to the Arbitrum network. After switching, you can use Uniswap to exchange your Arbitrum ETH for KROM token. When a trade is processed, KROM is deducted from the user's balance in the App and traded on the market for ETH, which, in turn, is sent to the trading processor (Chain Link Keepers) to cover the cost of the gas.
More about defi app on Ethereum
You can get more information about the site through the introductory document. There are future updates in the RoadMap. Also, there are answers to questions, tokenomics and much more.
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