Kromatika (KROM)

Kromatika is a next-generation decentralized exchange (DEX) trading coin with the ticker KROM. The Kromatika DEX simplifies, makes accessible, and offers affordable trading on Ethereum L1 and L2 networks. With its innovative dApp, Kromatika provides users the best value for their swaps by comparing multiple DEXs and selecting the most favorable rates. Additionally, the dApp reduces slippage by utilizing multiple pools in its MetaDEX Aggregator. Users can also benefit from automatically processed, decentralized limit orders and additional LP fees on their filled limit orders, which can reach up to 9% depending on the trading pair’s volatility. Overall, Kromatika’s dApp aims to offer traders exceptional value and efficiency for every trade they make.

Kromatika Finance utilizes secure, audited smart contracts, which have undergone multiple iterations of testing, both internally and externally. External testing was conducted by CertiK, Mythx, and OpenZeppelin, with Kromatika ranking in the top 10% on the CertiK leaderboard. The dApp also incorporates off-chain keepers provided by Chainlink to ensure that orders are collected as soon as the price target of a limit order is reached. Kromatika’s utility token, $KROM, is used to pay limit order fees and end-to-end usage of the gasless mode feature. It has a fixed total supply of 100 million tokens and is deflationary, as tokens are burnt over time. $KROM also serves as a governance token within the Kromatika DAO, with the possibility of additional utilities being added through governance proposals.

KROM’s circulating supply initially consisted of 60 million tokens launched on Uniswap V3 mainnet, with 10 million each launched on Arbitrum and Optimism. A buyback from the DAO treasury was completed, burning 2 million $KROM tokens. The proof of liquidity position was burnt to ensure security, and 7 million $KROM tokens are held in the DAO treasury. The purchase of $KROM can be done through the Kromatika Swap Aggregator, which supports Ethereum mainnet, Optimism, Arbitrum, and Polygon. As Kromatika continues to expand, the BUIDL plan includes launching the protocol on various networks, adding new features, and introducing a Krom-E NFT collection that will provide additional benefits to users.