Common is the safest Decentralized Exchange in the industry that supports all types of tokens thanks to a unique wrapping mechanism.
Current designs of Decentralized Exchanges (DEXs) that recently been proposed and implemented fall short of matching the overall user experience of Centralized Exchanges and thus do not offer a viable alternative.
Thanks to the underlying Aleph Zero platform, Common will become the most efficient and user-friendly platform in the industry.
Here are the main drawbacks:
We're scheduled for launch in Q3 2020. Currently, we're building the product with support of our community and professional industry traders.
Users may instantly trade one token for another. The trades are not matched against other users, but performed automatically with the price determined via the supply-demand law on the underlying assets. Traders may optionally cover to pay trading fees in Aleph Zero tokens (A0) and receive a discount.learn more
Liquidity providers deposit assets of different platforms and receive Common tokens (CMN) in exchange. CMN tokens have coverage in the total deposit, and all trading fees are kept within the Common deposit. Relative coverage of the Deposit in different assets is decided by the DAO and auto-adjusted by rate adjustments and arbitrageurs trading on the platform.learn more