Gasless Dex

An idea of a gasless Dex. Something like Hive without gas cost. But there is a gas cost on other chains. So the idea is for the Dex to cover the gas costs so that members as token holders do not have to. Making this feature a balanced function in relation to how available a resource is and how much it is used. Looking to explore what other features and benefits users want as well. Given how tokens work and current availability of tools this idea would be exploring offering tokens on EVM chain(s), Solana, and Hive. Solana and/or Robinhood would be the first straight forward choice. While Hive would be easy enough to implement. Explored using Hive with a Dex recently and have it set up to work.

Gas fees may or may not be implemented initially.

This depends on things are handled. There still needs to be fund to pay for gas fees in order for them to be paid. Over time this happens. Just a matter of it may be handled initially. With Hive users could pay the fees and be reimbursed with tokens they could swap on a market provided with liquidity from transaction fees. This would go towards gasless swaps being avaialble to token holders with X tokens for gas fees of Y.

Tokens may be launched on Robinhood, Solana, and other blockchains. The launch itself would provide funds from trading fees to provide swaps without gas fees and other benefits. Trading fees from the token would continue to power this feature and others.

Looking for interest and feedback.

Best,
@virtualgrowth


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3 comments
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Always good to think about new things.

I'll drop 2 links to possibly related things, in my opinion.

Magi

https://docs.magi.eco/

Sherpa

https://hackmd.io/@mM-wSm_KQXuHYPBzhdJawQ/HysX--oEzx

Thanks. Be well! :)

!PEPE !ALIVE

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Thanks kenny-crane. Magi is neat. But still another systema and unsure if best compared to native swaps and holds. Will look at Magi again. Didn't know about Sherpa, looks pretty neat. You too! :)

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Always good to think about new things.

Yes. Always wonder what we may best build for our crypto world and the entire world to grow crypto into everything. Have a great weekend friend.

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