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Logan Jastremski Podcast
The future of on-chain trading on Aptos with Econia Labs Founder Alex | EP 120
Mar 11, 2024
01:01:55
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Founder of Econia Labs, Alex, discusses on-chain trading efficiency on Aptos blockchain. Topics include Akane V4 protocol, impact of transaction costs, building on Aptos vs other blockchains, journey from hackathon to mainnet launch, shift to high throughput blockchains, future predictions for on-chain trading volume, and integrated systems on blockchains.
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Quick takeaways
- Trading on Akane simplifies asset exchange by eliminating settlement delays, focusing on intuitive transactions.
- Aptos blockchain's architecture optimizes DeFi applications through parallel memory allocation and scalable execution models.
Deep dives
Advantages of On-Chain Trading on Akane
On Akane, anyone can place a limit order, and the settlement occurs during the transaction, eliminating the need for waiting for settlement or execution. The platform simplifies trading by focusing on asset exchange between parties without the complexities of traditional finance terms like settlement, clearing, or execution. This streamlined process enhances accessibility and efficiency by allowing intuitive asset trading without fragmentation or cumbersome data manipulation.
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