Kromatika KROM Price

What is Kromatika (KROM)?

Kromatika, established in November 2021, has emerged as a trailblazer in the decentralized exchange (DEX) space, introducing groundbreaking features that address the limitations of existing platforms. The platform operates on Ethereum L1 and L2’s, offering a range of services, including limit orders, swaps, perpetual trading, and gasless swaps.

Key Features:

Zero Swap Fees: Kromatika distinguishes itself by eliminating swap fees during trading. Instead, users pay a fixed service fee in KROM tokens, leading to substantial savings and almost zero service fees when utilizing KROM tokens.

Decentralized Limit Orders (FELOs): FELOs, or Fees Earning Limit Orders, are fully decentralized limit orders based on Uniswap v3 technology. Unlike traditional platforms, Kromatika's FELOs provide users with no price slippage, MEV-resistant trades, and the opportunity to earn LP fees within a specified price range.

MetaDex Aggregator: Functioning as a MetaDEX Aggregator, Kromatika sources liquidity from various DEXes to find the fastest and most cost-effective route for traders.

Perpetual Trading: In collaboration with ApolloX, Kromatika offers perpetual trading with 72 crypto derivative pairs and up to 100x leverage. The platform boasts low trading fees compared to competitors in the decentralized finance (DeFi) space.

Gasless Swaps: The Gasless Swap feature, integrated with the MetaDex Aggregator, allows users to save on gas fees by automatically deducting them from the swap output token. The process is automated, ensuring a smooth and quick experience.

KROM Token:

The KROM token serves as the platform's utility token, facilitating transactions and improvements through controlled smart contracts. Operating on the Ethereum blockchain as an ERC-20 token, KROM is used to pay service fees for all DEX trades on Kromatika, providing users with significant savings compared to traditional fee structures.

KROM's Historical Overview:

Launched in November 2021 on the Ethereum mainnet, KROM has a maximum total supply of 100 million coins, with a significant portion allocated to the community. The token's value proposition lies in its ability to offer users substantial savings on service fees, promoting its adoption as a preferred means of payment.

Conclusion:

Kromatika's inception was driven by the need to address the inefficiencies of existing DEX platforms. By leveraging Uniswap v3 technology and incorporating innovative features like FELOs, MetaDex Aggregator, and Gasless Swaps, Kromatika has positioned itself as a leader in decentralized trading. Governed by the Kromatika DAO, the platform continues to evolve, with the KROM token playing a pivotal role in shaping the future of this pioneering project.

What is unique about Kromatika (KROM)?

Kromatika stands out for being the first decentralized exchange with groundbreaking features, including zero swap fees, decentralized limit orders (FELOs) with no slippage, and the ability to earn LP fees, revolutionizing the decentralized trading experience.

Who are the founders of Kromatika (KROM)?

Kromatika was founded on November 15, 2021 by an anonymous team.

Where can I buy Kromatika (KROM)?

You can buy Kromatika (KROM) on Uniswap V3 (Ethereum), Uniswap V3 (Arbitrum One), Uniswap V3 (Polygon), Uniswap V3 (Optimism) cryptocurrency exchanges.