@Badluckforwin@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko 2. The goal of this project is to solve one of the major issues of the Industry that right now is the fact that liquidity is fragmented among hundreds of Layer-1/2 network and exchanges.
We introduce the innovative communication system that can be handled by Exchanges, Brokers eg
@potatuile@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko we started with 1400+ messages at the start, sooo it is intense, even though some of those messages were spam unfortunately but nothing we can actually do with that part
@ScarletWanda6@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko Number of supported blockchain networks will be continuously updated. Right now we mostly test with EVM blockchains and work on it's architecture. Speaking of the limits it's tough to say, cause that will be pure decentralized trading between the Brokers.
@Oxbigwinjuly_4@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko 3. Yes. Each broker Node has a specific amount of Yellow tokens locked as a guarantee of service. In case of any mistake or damage (with or without direct purposes) those Locked assets will be used to reverse impact of the scam/fraud.
@Oxbigwinjuly_4@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko 1. We stand from the other by not competing with other Exchanges but instead we create a comfortable communication environment for them that is our Yellow Network. Connecting them between each other is the key here.
@virag_joshi@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko Can you specify what exactly are you referring to? Even though we haven't announced it yet, we are gonna have NFT community rewards in the Duckies project based on common/rare/epic/legendary status.
@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko@IOsypchuk Rarity:
- 25 Unique coins from artists
- 500 Legendary coins series of 10 or 5
- 5,000 Epic coins series of 00/50
- 50,000 Rare coins series of 000/500
- 500,000+ Common coins
@Percumha@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko 1. as a user - deep liquidity in the Network and fast secure trading. as for business - ability to run a Broker node.
2. we don't compete with others to be 'better asset'. we are focused on being better version of ourselves.
3. yes, it is a long-term project with big vision
@penuhberkahjuli@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko In addition to 1: we are working with Consensys on a solution based on a state channel technology. In a nutshell it is a very secure off-chain transaction technology that supports ultra high frequency trading
@RomanPe81@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko The goal of this project is to solve one of the major issues of the Industry that right now is the fact that liquidity is fragmented among hundreds of Layer-1/2 network and exchanges.
We introduce the innovative communication system that can be handled by Exchanges, Brokers etc
@grumpycityx@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko The goal of this project is to solve one of the major issues of the Industry that right now is the fact that liquidity is fragmented among hundreds of Layer-1/2 network and exchanges.
We introduce the innovative communication system that can be handled by Exchanges, Brokers etc
@HubertHurkacz13@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko Right now we are focused on our main thing which is Trading if you Speak for Yellow network. No any DeFi with guaranteed APY in % if you meant that. About NFT space - we are gonna have a related stuff in the DUCKIES which is a more fun community project
@The_Zoosper@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko But the biggest advantage is that the Network operates better than typical exchange with global trading volume going down: we have a deeper orderbook which is formed by the Brokers, thus it is less likely we get huge slippages and markets down
@The_Zoosper@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko The key here is that the Network itself is formed by Independent Exchanges that are participants of it. The biggest challenge is the same as for the others - is a meeting the fact that trading volume naturally decreases.
@vanitas_rkives@Yellow@BrunoSixtoLB@SoudantDamien@anabobeshko 3. Having state channels in our solution makes a direct impact on specific Blockchain network we operate with cause we unload the Blockchain from the excessive non-final data, which goes to the state channels.