Piteas, Dex Aggregator on Pulsechain. Find out more about the project’s aims and features, and access the official website.
Piteas serves as a DEX aggregator that leverages the latest in swap technology. By integrating multiple DEXs, the platform provides users with access to the vast pools of the most widely used DeFi protocols, amounting to billions of dollars in liquidity. With our advanced routing algorithm, Piteas ensures the best price, lowest slippage, and highest returns for each transaction.
Leveraging our advanced routing algorithm, Piteas ensures optimal pricing, minimal slippage, and maximized returns for every transaction.
What is a DEX Aggregator and How Does It Work?
A DEX aggregator is a valuable tool for purchasing cryptocurrencies in a decentralized manner while maintaining full custody of funds and anonymity. Unlike traditional centralized exchanges, DEXs allow users to trade crypto assets directly from their wallets. However, finding the best prices and lowest transaction costs can be challenging, especially with the constant emergence of new DEXs and varying liquidity levels.
Piteas utility:
This is where a DEX aggregator, like Piteas, comes into play. A DEX aggregator sources liquidity from multiple DEXs, offering users more favorable token swap rates than they would find on any single exchange. By leveraging multiple liquidity sources, DEX aggregators optimize swap fees, token prices, and minimize slippage, resulting in better rates for users.
For example, by splitting a swap deal across various DEXs, users can achieve a better overall price compared to a single exchange. The primary goal of a DEX aggregator is to provide users with superior swap rates, surpassing what individual DEXs can offer, and accomplishing this efficiently.
In addition to offering competitive rates, DEX aggregators aim to protect users from price impact and reduce the likelihood of failed transactions. By aggregating liquidity and optimizing the swap process, DEX aggregators deliver a seamless and secure trading experience.
DEXs are generally receptive to DEX aggregator integrations since they attract more users and trading volume. Recent data indicates that high-volume traders are increasingly utilizing DEX aggregators, while retail users still opt to access DEXs directly.
As a DEX aggregator, Piteas strives to optimize the trading experience by sourcing liquidity from various DEXs, ensuring users obtain the best swap rates, minimal slippage, and reduced transaction costs. By leveraging advanced algorithms, Piteas enhances price efficiency, protects users from adverse market conditions, and facilitates successful and efficient transactions.
PulseChain Goals
Increase Ethereum’s value
Ethereum’s fees will be lowered by sharing its load.
Enrich ETH users
PulseChain will re-enable priced out use cases: Instead of launching empty, PulseChain brings the ETH system state and ERC20s, this rewards holders and founders of Ethereum based projects.
Enrich ERC20 and NFT users
The launch of PulseChain is the largest airdrop in history. Thousands of Ethereum based tokens and NFTs receive their free PulseChain versions. This new gold rush contains the value discovery of thousands of tokens and NFTs on PulseChain. If you always wanted to be a whale in a certain ERC20 or NFT, maybe now you can be.
Easy to use
Your MetaMask wallet just works, you only have to change a single setting to access PulseChain. ETH holders can transact for free with freemium PLS.
Lower PulseChain fees and serve more users
PulseChain is 17% faster than Ethereum with 10 second blocks instead of 12.
Remove pollution
By replacing proof of work miners with proof of stake validators PulseChain doesn’t burn “waste” any energy making it environmentally friendly.
Improve game theory
PulseChain reduces the issuance of PLS by 25% per block, compared to Ethereum.
Empower PulseChain holders
PulseChain’s native token $PLS can be used to activate validators to earn PLS for helping to secure the network.
Token utility:
The PTS Token, which will serve as the governance and utility token for Piteas, is designed to have limited supply and be resistant to manipulations.
Want to find out more?
Direct access to the official website
