Dear users! This article describes the main changes of Alcor.exchange that were implemented at the end of this year.
This article is intended to explain how Alcor DEX contracts and IBC can work together to benefit the EOSIO community. And how you can already use this in the current UI.
The article will consist of two parts: Theoretical information about BOS IBC/HUB, and the second part, which will contain instructions for using this protocol now.
Alcor DEX is an exchange contract for free trade of any tokens (without fee), running on EOS/WAX/BOS/Telos.
BOS IBC is a technology for fully decentralized Cross-Chain transfers with no fee.
This has a simple consequence: in combination, these two technologies give full freedom for…
In this article, I will explain the main directions of the project development and updates that have been implemented on Alcor.exchange
Due to the growth of the exchange and the addition of support for several blockchains, it was decided to name the project after the star discovered by ancient Arab scientists: meet Alcor!
For new users, short information: Alcor.exchange is a DEX provides limit/market trading(onchain matching) with zero fee, implemented entirely on contracts, with the ability to independently open new markets, without the need to ask listing permissions(as on regular “ DEX” like NewDex). …
EOS Tokens — First listing free onchain limit trading.
The service allows seamless trading of any tokens based on the eosio contract.token, the interface has a function for self-creation of the market.
By looking at all available exchanges on EOS, the user can find that any exchange requires a token listing. This can impose restrictions on both users and application creators. From my point of view, the exchange should be free and not controlled by anyone.