Joining Sushiswap, Elk Finance and Omnidex on Telos tEVM is Hot to Trot Decentralized Exchange, Zappy
New York, New York –News Direct– Telos Foundation
the Telos Blockchain (ticker: Tlos) recently launched non-Ethereum Fork Virtual Machine (tEVM) has already become home to several decentralized exchanges, Zappy being the latest. Running on the full Layer 1 power of the Telos Blockchain, each of these DeFi platforms is more robust than ever. Telos provides DeFi platforms with a utopian trading environment where traders have access to the cheapest and fastest trades by many multiples.
Here is the video proof that Telos has the cheapest and fastest transactions.
* Sub-dollar trades can be profitable via DeFi on tEVM.
“Uniquely, tEVM has instantaneous transactions with a fixed, nano-sized gas fee that does not scale linearly with the price of the Tlos coin. This uniqueness makes tEVM still sustainable for DeFi traders of all sizes. .
Justin Giudici, Acting CEO of the Telos Foundation.
By default, tEVM also fully shields traders from any front or miner mining value (Mev). Potentially saving DeFi traders billions of dollars. Unfortunately, even to this day, few traders understand that without their knowledge or consent, these two unethical practices usually separate them from their potential profits. These are highly unethical practices, and they are rampant throughout DeFi. That said, this should echo the fact that DeFi trades are 100% isolated from any Front Running or Mev on Telos.
Telos tEVM was built from the ground up. It is not enough to fork the Ethereum source code and the tEVM compiles with the same results using its own source code and layer 1 backbone. One of the huge advantages of Telos is that, unlike Ethereum, the mempool cannot be reorganized under any circumstances. The Telos protocol is strictly a first-in, first-out design. This concept, coupled with strict governance and half-second block times, makes Front Running impossible on the Telos network. In fact, Defi without Front Running / MEV only exists on Telos. Defi and NFT traders would benefit from understanding that the entire Ethereum network, its layers 2 and all Ethereum forks are literally in the grip of Front Running/Mev. Whales, Institutions and major businesses in general are all highly targeted on these other networks.
Refereeing and speed advantage
Telos has half-second block times and is the fastest 3rd generation layer 1 blockchain with an EVM, by many multiples. These ridiculous speeds along with the massive capacity of Telos (hundreds of millions per day) make transactions on Telos nothing short of instantaneous. Having access to instant transactions in a landscape where other platforms coexist that make transactions more than 50x slower creates many opportunities for savvy traders. With Telos, a savvy merchant can easily make multiple transactions before a single transaction is made through another EVM network. This speed advantage allows traders to simply enter or exit a position before other traders using other networks. A trader can also take advantage of price differences between platforms and between Dex via arbitrage. In DeFi, faster is simply a huge advantage and not being targeted in a mempool for miner tax/front running should be the industry standard. Why would a trader want to fall victim to Front Running? They wouldn’t! Isolate yourself from Front Running and get the fastest and cheapest DeFi transactions simply by selecting Telos EVM as your network.
Telos is a 3rd generation smart contract platform that offers compatibility with Solidity, Vyper and Native C++ smart contracts, offering full EVM/Solidity support as well as a native smart contract layer at no cost on which the EVM is built. Telos performance is unmatched in the industry and has been specifically designed to deliver speed, scalability, cost effectiveness, decentralization and fairness for the end user. The network can sustainably support hundreds of millions of transactions per day, produces blocks at 0.5 second intervals on a first-in, first-out basis (thus eliminating upstream operation on the network), offers a native EVM with no fees and low cost per transaction (
About the Foundation
The Telos Foundation is a decentralized autonomous organization established as a promotional and funding body to advance the Telos Blockchain network and provide support for network applications.
See the source version on newsdirect.com: https://newsdirect.com/news/fastest-cheapest-defi-trades-with-no-front-running-now-possible-via-telos-984681408