PLEXUS will support customization of all existing DEX features. Projects will be able to create and manage liquidity, depending on the characteristics of the projects. As new exchange algorithms become available, the team will continue to update them so that users can use them. With PLEXUS, no DEX is required and everyone can truly own DEX.
Briefly about the PLEXUS project
People, using PLEXUS, can control every aspect of the DEX service. Projects, creating liquidity on the DEX, can choose swap algorithms among CPMM, CFMM, CMMM, Concentrated Liquidity (Uniswap V3), whichever suits their liquidity size and the characteristics of their projects.
PLEXUS began by recognizing the following issues:
| 1. | There are too many DEXs with different exchange algorithms and it is difficult for users to understand them all, and it is not efficient for users to navigate through different DEXs. |
| 2. | The teams of crypto projects that provide liquidity to DEXs, which is a key element of DEX, do not have large administrative rights to their own liquidity. |
| 3. | Crypto project teams have no other choice but to use existing DEXs because DeFi service costs a lot of money to develop. |
PLEXUS provides an Interswap routing engine that connects every blockchain network, allowing users to trade any token at the fastest and cheapest price in one place.
In addition, the project team can also choose a suitable transaction fee from 0.01% to 1%, depending on the characteristics and liquidity of the project. They can also control dropship rewards and how they would like to share the fees between the LP provider and the LP creator. Once the pool is created, project teams can manage and configure settings on the dashboard.
More about defi app
PLEXUS has two types of users. The first - crypto projects. Crypto projects will list and manage tokens on PLEXUS and they will generate fee income. The second type of users will be crypto industries. Individuals, instead of creating liquidity, will most likely use PLEXUS to trade tokens and provide liquidity to existing pools. If the tokens that users would like to trade are not listed on PLEXUS, the aggregator will enable trading with little slippage.
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