What is Atlas DEX (ATS)? ATS Cryptocurrency's Details

What is Atlas DEX?

Atlas is a cross-chain DEX built on the Solana blockchain. It provides traders with a simple UI map to aggregate liquidity across AMMs currently popular in the DeFi world and allow them to trade seamlessly.

Key partnerships like the integration with Jupiter Aggregator will allow DEX users to find the best route to trade on any token pair on Solana.

The DEX already integrates Solana, Binance Smartchain , Ethereum and Polygon and is planning to expand to Terra and Avalanche in phase 2.

What is special about Atlas DEX?

Key features of Atlas include:

Aggregate liquidity across all supported DEXs and blockchains.
Execute concurrent trades on multiple DEXs.
Cross-chain support with other Layer-1s.
Liquidity Pools, Farming & Token Listing.

Make trades on multiple DEX

On CEX, traders often have to execute their trades on multiple exchanges simultaneously for best efficiency. This is true when trading large position sizes or when trading illiquid tokens.

For example, if a trader wants to buy 10 million USD in Ethereum, he can choose to buy 5 million USD on Coinbase, 3 million USD on Binance, and another 2 million USD on FTX to reduce slippage.

Atlas seamlessly automates this process for users by looking at the liquidity available from different AMMs to calculate the most efficient way to execute trades.

Cross-chain support

Atlas will launch with support for Solana AMMs. In the future, expanding to Terra and Avalanche.

Liquidity Pools, Farming & Token Listing

Atlas will have support for its own liquidity pools just like any other AMM DEX. Traders will be able to access Atlas liquidity pools and new trading pairs can be listed through the creation of a liquidity pool on Atlas.

LPs on ATLAS will be rewarded with transaction fees as well as governance tokens of ATS.

ATS Tokenomics

Key Metrics

Ticker: ATS.
Blockchain: Solana.
Contract: HJbNXx2YMRxgfUJ6K4qeWtjatMK5KYQT1QnsCdDWywNv.
Token Standard: SPL.
Token Type: Utility, Governance.
Circulating Supply: 6,454,573 ATS.
Total Supply: 250,000,000 ATS.

Token Allocation

Private investors: 20%.
Team & advisors: 22%..
Treasury reserve: 20%.
Liquidity and platform incentives: 30%.
Community incentives and marketing: 6.93%.
Public sale: 1.07%

Token Use Case

Atlas DEX aims to continuously increase demand for the Atlas DEX Token (ATS) by expanding the use cases of the token. Here are some of the future benefits of ATS that you can look forward to:

staking different tiers for fee discount.
Stake your ATS and earn more tokens.
Governance: Vote on proposals related to the Atlas DEX ecosystem
Access to Atlas DEX’s exclusive launchpad token sales access to NFT marketplace

Token Sale

IDO ATS took place on Solstarter and IEO on Huobi, where 2,675 million ATS were sold. The token price for the public and private investor sale is the same, at $0.14.

Atlas DEX Team

Updating,…

Investors & Partners

Atlas DEX succeeds in a $6 million fundraising round led by Jump Capital.

The fundraising also involved Huobi Ventures, Genesis Block Ventures, Solidity Ventures, Genblock Capital, 3Commas Capital, Solar Eco Fund, Momentum 6, GSR, 0xVentures, Bixin Ventures, AU21 and Paramount Capital.

Roadmap

Q1 2022

Launch of Atlas DEX cross-chain swaps (ETH/BSC/Polygon to Solana).
Initial DEX Offering (IDO).
ATS Airdrop Campaign.
ATS Staking.
Integration with Avalanche & Terra chain.

Q2 2022

Launch of Liquidity Pool and Farm.
All-In-One Dashboard.
Testnet development (Swap to/from any chain)

Q3 2022

Complete Mainnet (Swap to/from any chain).
Governance DAO.
NFT Marketplace.
Launchpad.

Q4 2022

Integrate additional chains.
Other updates will be announced later.

Summary

Hopefully, the basic information about the Atlas DEX project and the ATS token will help you get an overview of the project please consider the article for reference purposes as it is not investment advice.

See ya in the next article !

Don’t forget to follow useful articles about Crypto Market from team Holding B !!!