Proposed solution
Explains how Aggregator DEX addresses the challenges associated with the usage of liquidity pools
Maintain an order book
Aggregator DEX maintains an internal order book, enabling direct token transfers between users. This approach avoids executing trades on external liquidity pools for each transaction, which usually involves token taxes, platform fees, and high gas costs. By matching orders within the Aggregator DEX system:
swaps can be executed with reduced transfer taxes, lower platform fees, and no gas fees on one side of the transaction. Additionally, slippage costs and fees associated with Automated Market Makers (AMMs) are entirely eliminated.
Only half of the transfer tax is applied
No slippage applied
No market impact applied
No liquidity pool fees applied
No platform fees applied
Gas is only paid by the order executor. 0 gas cost on opening new orders.
Maintain an internal ledger (upcoming)
In the future, token taxes and platform fees can be entirely removed by depositing tokens into the Aggregator DEX. In this setup, the DEX smart contracts internally track the balance changes of each wallet, functioning like a mini-ledger within the Ethereum blockchain. Wallet owners can withdraw their funds or swap tokens for ETH before withdrawal at any time. For security, only the wallet owner has the authority to withdraw or swap their tokens; no one else, including the contract owner, can access or control these funds.
With this new strategy, an in addition to the benefits listed previously:
No transfer tax applied
Very low and predictable gas fees for the order executor
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