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Wavelength

The most advanced AMM on Velas entirely community owned and managed.
Category
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Finance
Blockchain
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Waves
Currency
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WAVE
Publisher
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Wavelength Team
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What is Wavelength?
Wavelength is a next-generation AMM (Automated Market Maker) on the Velas Network, built on BalancerV2's ingenious system. Wavelength allows for low-slippage trading through highly efficient customizable liquidity pools aimed at revolutionizing Defi on Velas and modernizing the ecosystem.

Wavelength Exchange is an innovative platform that empowers artists, creators, and collectors in the fast-growing world of non-fungible tokens (NFTs). With its user-friendly interface and robust infrastructure, Wavelength Exchange provides a secure and transparent marketplace where digital artists can showcase and sell their unique creations while collectors can discover and acquire valuable NFT assets. By bridging the gap between artists and collectors, Wavelength Exchange aims to revolutionize the NFT ecosystem and foster a thriving community of digital art enthusiasts.

A Dynamic NFT Marketplace:
Wavelength Exchange offers a dynamic marketplace where artists can mint, list, and sell their NFTs with ease. The platform provides a user-friendly interface that streamlines the process of creating and launching NFTs, ensuring that artists can focus on their creative expression. Collectors, on the other hand, can explore a diverse range of digital artworks, collectibles, and virtual assets, expanding their collections and engaging with the vibrant NFT community.

Support for Emerging Artists:
Wavelength Exchange recognizes the importance of supporting emerging artists and creators. The platform provides a space for artists to gain visibility and recognition, allowing them to showcase their talent to a global audience. By facilitating direct interactions between artists and collectors, Wavelength Exchange enables artists to monetize their creations and build a dedicated fan base, establishing a sustainable career in the digital art space.

Secure and Transparent Transactions:
Security and transparency are paramount in the NFT ecosystem, and Wavelength Exchange prioritizes these aspects. Built on blockchain technology, the platform ensures that every transaction, ownership record, and provenance of NFTs is securely recorded on the blockchain, providing transparency and eliminating the risk of fraudulent activities. Collectors can have confidence in the authenticity and provenance of the NFTs they acquire, fostering trust within the community.

Community Engagement and Collaboration:
Wavelength Exchange fosters an engaged community of artists, collectors, and enthusiasts. Through interactive features, such as artist profiles, forums, and social channels, users can connect, collaborate, and discuss the latest trends and developments in the NFT space. The platform also facilitates collaborations between artists, enabling them to create unique and exciting digital art projects together, further fueling creativity and innovation.

Embracing Diversity and Digital Expression:
Wavelength Exchange celebrates the diversity of digital art and encourages experimentation with various forms of expression. The platform welcomes a wide range of art styles, genres, and mediums, including visual art, music, virtual reality, and more. By embracing diverse forms of digital expression, Wavelength Exchange enables artists to push boundaries and redefine the possibilities of NFTs as a medium for artistic creation.

Conclusion:
Wavelength Exchange is a dynamic marketplace that empowers artists and creators in the NFT ecosystem. With its user-friendly interface, secure transactions, and community engagement features, Wavelength Exchange offers a platform for artists to showcase their talent, connect with collectors, and monetize their digital creations. By fostering creativity, collaboration, and diversity in the digital art world, Wavelength Exchange is at the forefront of driving the evolution of NFTs and revolutionizing the way we appreciate and engage with digital art.
Information
Type
Automated Market Maker
Blockchain
Waves
Currency
WAVE
Platform
Windows, macOS
Publisher
Wavelength Team
Version
v2
FAQ
Wavelength is a next-generation AMM (Automated Market Maker) on the Velas Network, built on BalancerV2's ingenious system. Wavelength allows for low-slippage trading through highly efficient customizable liquidity pools aimed at revolutionizing Defi on Velas and modernizing the ecosystem.
Weighted Pools are Liquidity Pools that take in up to eight tokens instead of the standard two. These have set percentages that each asset should always represent. Arbitrageurs are responsible for rebalancing the pools as arbitrage opportunities exist whenever the pool becomes unbalanced.
veWAVE NFTs are the Governance Tokens of the Wavelength Protocol, they entitle holders of the NFTs to governance and gauge voting and fee distributions from the protocol's revenue.
Wavelength is NOT a traditional AMM. An array of features that separate Wavelength from conventional AMMs and other protocols on Velas. These include: Weighted Pools; Stable Pools; Smart Order Router (SOR).
The Smart Order Router is the automatic system of routing orders that finds the best possible prices. It is what allows Wavelength to offer its users a low slippage trading experience even in scenarios of less-than-optimal liquidity conditions.
Yes! Chainsulting, a well-known company in Web3 cybersecurity, audited Wavelength’s code. The contracts are safe for you to interact with.
Swapping tokens on Wavelength is a very similar experience to that of other protocols alike. In other words, it is effortless. If you have never used an AMM Dex, follow the steps: 1) Connect your desktop or mobile wallet to Wavelength by clicking on the “Connect Wallet” on the top right button; 2) Select the two assets you want to swap. On top is the one you are selling, and on the bottom is the buying one; 3) Input the amount you wish to buy; 4) Check the slippage and the minimum received of the token you’re buying. The less slippage you suffer, the more you will receive; 5) Click the “swap” button on the bottom of the swap interface; 6) Make sure to have enough $VLX in your wallet to pay the gas fee and sign the transaction. 7) Now just wait a couple of seconds for your transaction to be confirmed (your wallet should notify you); 8) And that is it! Your swap is successful!
On Wavelength’s website, go to the “Pools” section, and you will see the list of incentivized pools. You can provide liquidity by depositing any of the Liquidity Pool's assets or all them at once. When withdrawing, you can withdraw the funds split across all the assets in the pool or in the form of a single asset of the pool of your choice.
You can obtain $VLX on Binance Smart Chain (BSC) through AMMs like PancakeSwap, but how do you get it to Velas Chain? You will need to use a bridge to get your tokens inside Velas Chain. Bridging (nto be confused with swapping) is moving a token from one chain to another. Because the transactions occurs in 2 chains, this could take 10min ~ 24 hours, depending on the traffic.
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