Review Lattice Exchange — A New Paradigm of Decentralized Finance

5 min readSep 26, 2020

INTRODUCTION

Lattice is a decentralized finance (DeFi) application built with Ethereum and Constellation’s Hypergraph Transfer Protocol (HGTP). Our vision is to advance and modernize the world’s financial trading solutions for crypto assets. Lattice empowers users and liquidity providers alike with advanced AMM algorithms.

Lattice will be an evolution of existing DeFi solutions by providing more assurance in crypto asset trading and settlements and the ability to incorporate multiple specialized and asset-specific automated market making algorithms. This solution will further advance the blockchain industry with improved financial instruments that are cost effective and have the speed, security, and scalability that traditional securities asset traders are accustomed to.

PROBLEM AND SOLUTION

PROBLEM

The fundamental issues DeFi applications face are in base layer protocols as existing blockchain infrastructures have scaling limitations, are costly and slow to transact, and are not architecturally designed to process data like centralized data processing tools that exist in traditional financial markets and the trading of securities.

SOLUTION

Constellation Hypergraph Transport Protocol (HGTP) is the only secure communications protocol that connects real world applications through seamless tokenized data. Constellation enables an ecosystem of applications to be built on the Hypergraph Network while using the HGTP to securely capture, connect and transport that data for an evolution of applications with data assurance and compliance. Hypergraph, is a resilient decentralized network that is built on a directed acyclic graph (DAG) and leverages dynamic partitioning and a reputation based consensus mechanism to be infinitely scalable, while providing fast throughput to handle high computational needs for instant data processing.

LATTICE EXCHANGE FEATURES THAT YOU’LL LOVE

Lattice aims to overcome the weaknesses of current DeFi applications with thicker liquidity, institutional-grade AMM algorithms and ultimately faster and less expensive settlement due to the use of the Constellation HGTP. Lattice will thereby bring institutional grade reliability and usability to the DeFi ecosystem.

Flexible Liquidity Pool

A liquidity pool that allows lenders to earn transaction fees on their liquidity deposits.

Automated Market Making

Automated market making (AMM) based on the liquidity pool.

Advanced Matching Algorithms

Advanced platform for pluggable institutional grade order matching algorithms that are asset specific (multiple AMMs).

Lattice (LTX)Governance Token

A governance token called “Lattice (LTX)” which gives holders certain rights in regards to economic parameters like transaction fees and inflation/deflation.

PRIVATE SALE:

Public availability: ~Oct2020*

Lattice focuses on the DeFi space by aggregating liquidity pools, lower fees, and multiple automated market making algos leveraging Constellation’s scalable network, Hypergraph. Lattice will connect the DAG ecosystem with the ERC20 ecosystem and will pave the way for new financial products built on the Constellation Hypergraph.

Lattice is the first ecosystem build on the Constellation Network. With seed investors Alphabit Fund, FBG Capital and GDA.

For any pre-sale inquiries get in touch with us at info@lattice.exchange (info@lattice.exchange) we will need your name and email and the amount you wish to participate with in USD. Since we are oversubscribed please mention any other value you can add in the email. You will then be emailed if you are successful in gaining a spot in the pre-sale. NO POOLS ALLOWED, anyone who is currently running a pool will have their allocation cancelled.

Token Distribution

There will be 100M LTX tokens minted in total, and the protocol has a fixed token supply.

● 15% of the tokens will be distributed through private sales;

● 10% of the tokens will be distributed to users and investors through public sales. Any unsold tokens will be burned;

● 15% of the tokens will vest for 24 months and will be reserved for team and advisors;

● 5% of the tokens will vest over 24 months and will be used as marketing to engage users;

● 45% of the tokens will be used in liquidity mining. Tokens will be minted on a daily basis and distributed to users who participate in the platform;

● 10% will be locked for 24 months. The governance committee will then determine the utility of these tokens.

ROADMAP

Phase 1: Q4 2020 Aggregate Liquidity
Phase 2: Q1 2021 Interoperability
Phase 3: Q4 2021 Robust Oraclization

In the first phase, Lattice will first be developed on the Ethereum blockchain for transaction settlement. Liquidity from throughout the DeFi ecosystem will be aggregated and order matching will be improved. Lattice will aggregate the liquidity from various existing dexes to create better pricing and less slippage for traders. Additionally, users can supply liquidity to the exchange pools on the platform to earn trading fees. A cross chain bridge will connect the ERC-20 ecosystem with the Hypergraph ecosystem allowing for fluid interaction. This creates a meta-ecosystem of interoperable feature-rich blockchain technologies that enhance each other in their value.

By leveraging Constellation’s HGTP as the base layer protocol, Lattice will supportmore complex trading algorithms and deliver faster trades as their ecosystem supportsmicroservices and complex data structures for high computation needs like real time trading. The Constellation bridge will act as a pathway for cross-chain transactions and connect HGTP to Ethereum. It provides integration access from existing distributed ledger technologies to Constellation’s Hypergraph, adding value such as horizontal scalability, increased speed, validating complex data structures, while reducing transaction costs and lost trade data.

Lattice will allow users to choose or to build their own AMM for creating liquidity pools based on the asset type. This could be achieved through developing multiple smart contract based swap protocols and aggregating the liquidity of different pools to make sure that users have access to the pools across the platform