Currency Exchange on L2 IMX

• 

  Inspiration

• 

  Accomplishment

Inspiration

Immutaswap the only IMX currency exchange is coming down so was thinking about building an alternative

What it does

It allows you to swap currency in L2 IMX.

How we built it

Using Scaffold-ETH Token Vendor to sell and buyback tokens at fixed price. The tokens can then be listed on IMX global orderbook whereby there is 2% Protocol Fee and Up to 2% Market Fee & 0.5% Royalty Fee.

Challenges we ran into

Time constraint in order to complete the project on L2, Not Able to Mint Due to Error, Insufficient GoerliETH to push contract to testnet

Accomplishments that we're proud of

Building Solidity Contracts for Token Vendor

What we learned

Speedrun Ethereum is useful wish other cryptocurrency have similar scaffolding to make MVP.

What's next for Currency Exchange on L2 IMX

Complete Mint, To complete solidity to allow Bot to buy and sell token at fixed cost on mainnet, Get approval by IMX

Built With

• scaffold-eth
• solidity
• typescript