Machina Finance#
Overview#
Machina Finance is a revolutionary decentralized exchange (DEX) under development on Ergo. The unique aspect of Machina Finance is its use of grid order contracts. These contracts have the potential to replace traditional liquidity pools, offering a more decentralized and peer-to-peer (P2P) trading experience.
Recent updates#
Jan 21: theGridOrderSDK / Fleet plugin module was complete with 100% test coverage, whileLimitOrderwork was still progressing.Jan 28: a critical input-aggregation bug was fixed and theE2Tlimit contract was finished and ready for review.Mar 4: all SDK actions were implemented and the contracts moved into audit.
Goal#
The primary objective of Machina Finance is to promote decentralization and facilitate P2P trade. By leveraging the power of blockchain technology and smart contracts, Machina Finance aims to create a DEX that is secure, transparent, and user-friendly.
Features#
Grid Order Contracts#
Grid order contracts are a novel feature in the world of DEXs. They allow for a more efficient and effective trading experience by replacing the need for liquidity pools. This feature is currently under development and is expected to bring significant changes to the way DEXs operate.