Quote from: Wh00re on September 07, 2020, 12:49:01 PM

For anyone who doesn't know, Uniswap has been getting a LOT of hate and frustration lately because of it's dependencies from the ETH network which at this point is very congested and unusable in terms of gas fees beeing insanely high.
We've seen the same with the BTC network, the fees are sometimes through the roof.

Many bandaid solutions have been made, such as wrapped BTC, and Wrapped ETH (wBTC - wETH).

But what if you could trade BTC and ETH INSTANTLY, and with next to 0 fees?

Stakenet is working on a second layer solution, actually working directly with the Lightning Network team, as well as the Raiden Network team to make this possible.

Below is a simple swap feature from their multi currency wallet, which makes you trade instantly, without you even knowing you're using the Lightning Network.

Their DEX works wonders as well, but most of us are still waiting for ETH and all it's tokens to be added, which will make the DEX extremely powerful, as it will allow anyone to trade ETH and all it's tokens instantly.

Think of it like Uniswap, but without the high fees, and transaction times. Wink

Great Idea but it seems people forget that fee is serving a purpose, if not for the fees being paid on Ethereum do you know how congested this would be, to think that you can do anything on any network with close to nothing transaction fee is like setting up to fial form the start. I might be wrong but I don't think it is possible in practice