DEX

The De Layer core team is set to develop a decentralized exchange (DEX) on the De Layer subnet, utilizing the proven UniV2 protocol as its foundation.

Early mock up of a DEX on De Layer

This initiative aims to harness the reliable and user-friendly trading mechanism of UniV2, renowned for its liquidity provision and automated market-making model. By integrating this protocol, the DEX will offer a decentralized trading platform integrated with the Bittensor network, enabling users to swap tokens, provide liquidity, and engage with the broader DeFi ecosystem directly within De Layer.

This development not only expands the utility and functionality of the De Layer subnet but also aligns with the team's vision to create a self-sustaining and versatile financial ecosystem, leveraging the robust framework of established DeFi protocols while enhancing them with Bittensor's unique capabilities.