Lumenswap

What is Lumenswap？

Lumenswap is a decentralized exchange for the Stellar network that allows you to swap and trade assets on the network using a friendly, minimal interface.

What are the Main Features of Lumenswap？

• Find the Best Prices: Lumenswap uses Horizon to choose the best rates for a trade based on the liquidity rates and the submitted order books on the network.
• Fast and Low Costs: Lumenswap client is on the Stellar Network so it benefits from its features such as scalability and low fees.
• Open and Decentralized: By default, all of the available assets on the Stellar Network are also available for trade on Lumenswap. You can add whichever you want to Lumenswap and convert them to each other.
• Support of Popular Wallets: For better accessibility, Lumenswap supports different wallets. Currently, you can use Rabet, Freighter, Albedo, Ledger, and private keys.

Roadmap

First Milestone
Info: Redesigning the swap section
Description: Lumenswap comes from humble beginnings. It started as a simple solution allowing users to swap various assets and gradually grew to its current state. Lumenswap has already reached four milestones. The first one involved redesigning and modifying the swap capabilities as the basis of our platform at the time. Lumenswap needed to offer the best client for swapping assets. 
Release date: Q1 2021

Second Milestone
Info: Designing and integrating the spot section
Description: In the second milestone, Lumenswap went a step further and decided to implement spot transactions so that users could take advantage of features such as limit orders and trade any pair of assets supported on Stellar.
Release date: Q2 2021

Third Milestone
Info: Introducing LSP Asset
Description: Like any other exchange, Lumenswap needed a force to create an economic and incentive flow within our ecosystem, so decided in the third milestone to introduce LSP assets.
Release date: Q2 2021

Fourth Milestone
Info: Launching Lumenswap academy
Description: In the fourth milestone, Lumenswap created Lumenswap Academy, an online platform to help users learn more about blockchains and Stellar. Each month, Lumenswap aims to cover an important topic or trend in the field of blockchains. In our opinion, knowledge is one of the most important factors when developing an ecosystem, and ecosystem leaders must find ways to transfer that knowledge to community members.
Release date: Q3 2021

Fifth Milestone
Info: Adding Market and Wallet features to OMB market
Description: In the fifth milestone, to fulfill our slogan (i.e., CEX experience and DEX security), Lumenswap aims to add Wallet and Market features. The Wallet allows users to manage their assets and send them to different addresses on the network. The Market feature displays statistics about the assets listed on Lumenswap and assets with the significant volume on the network.
Release date: Q3 2021

Sixth Milestone
Info: Designing and integrating AMM market
Description: In the sixth milestone, our objective is to design and integrate the AMM, which will be the most important event of this year for Stellar and Lumenswap. As you are reading this proposal, Lumenswap is creating designs for our AMM pages and striving to create the best possible UX.
Release date: Q4 2021

Seventh Milestone
Info: Designing and implementing the auction platform
Description: The most ambitious client, i.e., the auction client, will be implemented in the seventh milestone. An ecosystem that does not allow users to invest their assets and gain profits, stands no chance of attracting sufficient liquidity and creating a dynamic community. That is why Lumenswap decided to produce an auction platform on Stellar that allows project managers and developers to auction their assets. Users can participate in these auctions in a completely transparent and fair environment. Lumenswap will initially support the Dutch and English models.
Release date: Q4 2021

Eighth Milestone
Info: Designing and implementing the bridge between Stellar and other blockchains
Description: The objective of the eighth milestone is to allow users to bring their assets to Stellar from different networks and enjoy the low costs and speed of Stellar. This is another piece of the puzzle, which will drive liquidity on Stellar.
Release date: Q1 2022

Ninth Milestone
Info: Designing and implementing a lending protocol
Description: The final piece of the puzzle, which will make Lumenswap a complete DeFi platform is to implement the lending protocol. This protocol will be built on the Pendulum network and will act as a marketplace for lending—similar to Compound.
Release date: Q2 2022

Why do we say Lumenswap is a client for Stellar?

Stellar is structurally different from smart contract networks like Ethereum. To create a smart contract on Stellar, you need to get creative with the operations and other properties of the network such as atomicity (guarantee that given a series of operations, upon submission to the network if one operation fails, all operations in the transaction fails.

How Can I Contact Lumenswap Customer Service?

• Lumenswap customer Email: support@lumenswap.io

Or try these social media to get Lumenswap customer service.

• Youtube: https://www.youtube.com/channel/UCxyo1M9bSvsjXVu8nOakwTg
• Twitter: https://twitter.com/lumenswap
• Telegram: https://t.me/LumenswapCommunity
• Discord: https://discord.gg/98pkKef9wa
• Instagram: https://www.instagram.com/lumenswapofficial/
• Medium: https://medium.com/lumenswap
• Get more information, please visit: https://lumenswap.io/