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  • How to start a defi-based DEX platform like Uniswap?

    Posted by John on March 28, 2024 at 5:16 pm

    Decentralized finance is an advanced blockchain innovation focused on the financial sector in the Decentralized exchange DEX Building a platform like UniSwap is not an easy task but if you follow the steps I mentioned below, it will be effective for creating your own defi-based DEX platform similar to UniSwap

    Steps in Building DEX platform like Uniswap

    Although the creation process involves requirements, thorough planning and execution,

    Step 1: Market requirement analysis and scope determination.

    Step 2: Develop liquidity pools.

    Step 3: Enable the staking option.

    Step 4: Integrate a Yield Farming Platform.

    Step 5: Lottery Scheme Provision.

    Step 6: Allow the swapping mechanism.

    Step 7: Integrate Tokens & Non-Fungible Tokens.

    Step 8: Involves Smart Contract Auditing.

    Step 9: Integrate a multi-layered Security Protocol.

    Step 10: Deploy the platform.

    These are the common steps followed by Defi development companies to provide a Defi platform. As a cryptopreneur, I recommend you choose a Uniswap Clone Script for your Defi-based business. Because it helps you cost-wise, development time, and mainly feature-wise.

    John replied 3 weeks, 3 days ago 1 Member · 0 Replies
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