In this post, we introduce Vertotrade — a Decentralized Exchange based on Rebuschain. This will be an early update on Vertotrade as we continue to develop and provide more updates as they are available.
A decentralized exchange (DEX) allows users to trade cryptocurrencies without relying on a centralized intermediary. Decentralized exchanges have become increasingly popular in recent years due to their enhanced security, transparency, and trustlessness.
Read more about Decentralized exchanges from our previous posts here.
We believe decentralized exchanges (DEXes) are crucial to any thriving blockchain ecosystem. We are committed to providing our community with a safe, reliable, and user-friendly platform for trading digital assets.
Vertotrade is a key part of our mission to build the best crypto products for conventional financial establishments, and we are thrilled to share some updates with you.
We recognize that the success of Vertotrade will depend on the involvement and feedback of our community members. That’s why we are excited to keep you updated on our progress, share our plans and vision, and invite you to join us on this exciting journey toward a more decentralized financial system.
Vertotrade will be the official Rebuschain Decentralized Exchange (DEX), where all our tokens and those of our partners will be traded ($REBUS, $LUDUS, $AUREUS etc.). It will also be the exchange where most of the TradFi products built by Rebus Investments SA will be launched.
Think of Vertotrade as where NFT, P2E, Metaverse, and TradFi all meet. A solution that will enable trading for products from our partners (DeFi and TradFi), including our staking, NFT, and liquidity products. Any TradFi product using the Rebus Vault will leverage Vertotrade as the DEX behind it. It will also be the marketplace platform for Rebuschain and NFTID.
The Rebus team has been hard at work, and we’re happy to report that the launch of Vertotrade is imminent!
Our developers have been focused on building a scalable and user-friendly platform that will provide our users, especially the crypto-curious, with a seamless trading experience, creating an exchange that meets the needs of our users.
To date, we’ve achieved several milestones, including:
We’re focused on finalizing the user interface and deploying the necessary smart contracts for the added features, including $VERTO, the main token for Vertotrade.
We’re also working on security audits and implementing additional measures to ensure our users’ funds and data are always secure.
Our current timeline puts us on track for a public launch in Q2 of 2023 with NFTID, and we’ll continue to provide regular updates as we progress toward this goal.
Here are some of the key features and functionality that users can expect on Vertotrade:
Vertotrade token, $VERTO, will play a crucial role. We will release more information on the tokenomics when it’s ready, but here are a few details on what to expect:
$VERTO will serve as the primary medium of exchange on Vertotrade. It will be used for fees on the exchange, and users can farm it by staking $REBUS.
At Rebuschain, we strongly believe in the power of community involvement to drive the development and growth of our ecosystem. As such, we are committed to providing opportunities for our community members to get involved in the development and launch of Vertotrade.
As we approach the launch, we will offer opportunities for community members to get early access and participate in testnet. This will allow you to try out the platform and provide valuable feedback to our development team.
Once again, thank you for your continued support, and we look forward to sharing more updates with you shortly.