Lucidao Update 0.3 | March — Week 4

Lucidao
2 min readMar 31, 2022

Dear Lucidao community,

We are thrilled to share the latest news and developments within the LUCIDAO ecosystem for this last week of March 2022!

In the last few days, Lucidao development team has been busy with the implementation of the 0x protocol. 0x was born as an open-source DEX infrastructure enabling the exchange of tokenized ethereum-based assets on multiple blockchains. The 0x protocol’s ecosystem is growing exponentially as you can see here.

For those willing to get a bit deeper onto 0x, you’ll find the audits right here.

The Version 4 of the 0x protocol introduces a great innovation for DeFi developers with its multi-chain NFT swaps feature, unleashing unencumbered functionalities for the next generation of fully decentralized and interoperable Web3 NFT apps and marketplace.

Really what’s needed for Lucidao luxury collectibles marketplace as our team will be able to put all its focus on developing the innovative part of our protocol!

This move provides Lucidao community with many benefits such as the creation of creator-centric features and gas efficiency making more affordable than ever to swap NFTs on EVM chains and L2 networks as well.

Some of the main benefits for Lucidao to adopt 0x protocol:

  • Robust NFT swap feature supporting all major token standards
  • Free non-custodial listing + off-chain / on-chain order optionality
  • Up to 54% gas fees reduction
  • Collection orders
  • Possibility to set up royalties structures
  • Flexible and modular architecture

These benefits make this protocol a step ahead of competitors such as Wyvern (used by Opensea), LooksRare and Zora.

Regarding our Marketplace, the final structure of the smart contracts is rapidly progressing.
We have designed interaction diagrams as a tool to streamline the marketplace as well as give you an overview of what the public beta version will look like in terms of UI, and how you will be able to interact with the platform.

Fasten your belts as we are going to share some key strategic news in the very next days!

Don’t forget to follow our channels to keep up to date on upcoming developments!

- Discord: https://discord.gg/lucidao

- Telegram: https://t.me/lucidao

- Twitter: https://twitter.com/Lucidao_

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Lucidao

Lucidao is the bridge between your real-world assets and the blockchain.