$KROM Token Has Audited smart contracts for creating trades and processing them, all powered by Uniswap
KROM token uses off-chain decentralized services responsible for active processing of trades, powered by chainlink keepers
Utility ERC20 token needed for paying the service fee. This fee is paid by users and covers the cost of processing services (Chainlink Keepers)
100M KROM tokens in existence. No rebasing, no burns.
60M (60%) available on Uniswap. This amount is forever locked on the Uniswap protocol since the original Uniswap LP token is burned. See proof.
10M (10%) on Arbitrum and 10M (10%) on Optimism will be used to provide layer 2 liquidity
20M (20%) added on Gnosis, a multi-signature wallet.
Yes! $KROM is a utility token as it is used to pay the fee for all Kromatika DEX swaps.
Connect your MetaMask wallet and make sure you have some $KROM in your address. The swap interface is just as straightforward as using Uniswap, but with our added limit order feature. Use this to set your limit order and click SWAP. When the market conditions match your order, Kromatika DEX will execute the trade automatically. Afterwards you will need to come back to manually claim your swap. If you have multiple completed swaps, you can use the batch feature to claim them all in one transaction.
First, you have to send ETH to the Arbitrum network (L2). You can do this using a centralized exchange like Binance that supports Arbitrum network transactions. Alternately you can use an ETH bridge like Synapse to convert your ETH from the mainnet to the Arbitrum network. After you have bridged over, you can use Uniswap to swap your Arbitrum ETH for $KROM tokens.
Kromatika always requires a fixed fee. This fixed fee is the gas cost of the trade processor (ChainLink Keepers) and it is dependent on the current gas fee. Users can also choose to specify the gas price at which they want their trades to be executed. This in turn can delay the trade execution a bit but it is an option for lowering this fixed service fee. The user always pays this fee in the form of $KROM tokens.
Yes! KROM token is a non-mintable ERC 20 token audited by OpenZeppelin and MythX.
Yes! Kromatika DEX always uses $Krom tokens to settle the transaction fee.
When a trade is processed $KROM is deducted from the user’s balance on the App and sold on the market for ETH which in turn is sent to the trade processor (Chainlink Keepers) to cover the gas cost. This keeps $KROM tokens circulating in a loop: Uniswap -> User -> Kromatika DEX -> Uniswap.
Yes! All the code is open-sourced and published on GitHub under the MIT license. Anybody can see how it was developed, built and who has contributed with code over time. We also welcome open-source contributors.