Komodo AtomicDEX Beta Release for Q4 of 2020

Komodo developers have been working round the clock towards the release of the platform’s AtomicDEX. A release by the platform seen by this reporter on October 5 stated that the Beta version of the platform would be released in the Q4 of 2020.

According to a blog post on the project website,

“The release of v0.3 for the AtomicDEX Desktop & Mobile applications will mark the first major milestone to take place in Q4. Up until this point, AtomicDEX Desktop has been in the alpha stage. v0.3 will be the first beta release for AtomicDEX Desktop.”

It added that users would be able to participate in the testing of the beta version, unlike the alpha version that had mostly tech savvy developers involved in the tests.

Among the features expected along with the release is an OCO Liquidity Multiplier that enables users make multiple orders simultaneously. It incorporates a mechanism which cancels all other pending orders for the same swap if it is filled.

The feature would,

“For example, users will be able to swap against KMD/ETH/BAT/VRSC as a limit order using just 1 KMD.”

The feature would also enable the storage and independent listing of any ERC-20 token by users. This would facilitate the swap of such assets within the AtomicDEX platform, whether they were listed or custom assets.

The release stated that prior to the release, a major partnership announcement between Komodo and a major player in the DeFi space would be made.

The AtomicDEX desktop v.0.1.2 was released in April 2020. The tremendous progress made on the project is attributable to the work of the lead developer, ca333 and his team.

The platform is confident that there’ll be more awareness and adoption of the project’s internal token KMD with the awareness the launch would create for Komodo.

The post continues:

“Once this release goes live, Komodo will ramp up marketing activities around both AtomicDEX Desktop & Mobile. The long-term goal is to boost liquidity for supported trading pairs after AtomicDEX is stable. At that time, we will be in a good position to generate user growth.


Author: Jofor Humani

Jofor is a crypto journalist with passion for investigative reviews.

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