Dex on Taiko
The first community developed decentralized exchange on Taiko
Project Description
We created a project to demonstrate the power of a fully decentralized ZK-Rollup system that's equivalent to Ethereum. This technology reduces gas fees and is compatible with existing Defi solutions. Our team, consisting of members from different backgrounds and languages, built a complete AMM and user interface in less than 2 days. Taiko's EVM compatible ZK-Rollup technology holds great potential for the future.
How it's Made
After attending a workshop at Taiko, we were impressed by the potential of EVM-compatible ZK-Rollup technology and its ability to enhance Defi concepts. To showcase its potential, our diverse team, meeting for the first time at our first hackathon, embarked on creating an automated market maker (AMM) based on a well-known Defi concept. We leveraged UniswapV2 contracts, optimized them to run on Taiko, and constructed a customized user interface from scratch, using React and Typescript.
