Ladies and gentlemen, systems engineers, and fellow Fuel network nerds! The team of exceptionally intelligent dinos is thrilled to unveil the launch of MICROCHAIN, the Decentralized Liquidity Machine–2000, formerly known as MIRA Protocol™.
You probably noticed that MIRA hasn’t had any upgrades since the Dino era. That’s because we’ve worked on rebuilding the entire app from scratch. Now it’s done. Polished. Upgraded. Juiced with a new design. Your new trading mainframe is officially live on Fuel.
In this article, exploring the latest changes and upcoming updates, our team will introduce you to our prehistoric project.
NOTE: FURTHER POSTS WILL BE PUBLISHED IN THIS OFFICIAL MICROCHAIN BLOG ON MIRROR. You can find it via the link.
Some say we just added a fresh coat of retro-paint. Wrong. We rebuilt the entire reactor core. If you go to microchain.systems now, you’ll notice a few big changes as the app has been refactored.
When making a trade, our app needs to estimate the price by simulating the routing through pools and estimating gas costs. This used to take several seconds per trade, but through various optimizations and parallelization, we’ve been able to bring that down to under a second. This means faster trades and less friction for you as a user, making the trading experience smooth like a pteranodon.
We’ve also implemented Fuel’s new pre-confirmations, which significantly reduce the time for a transaction to execute. With Fuel’s high-performance VM, this might be some of the fastest swaps possible to achieve on an L2. It does feel good, the Dinos can assure you.
We’ve gathered lots of feedback from users on UX that was making their lives harder. We’ve addressed a large portion of those issues, and the app is not much easier to use. This will be an iterative process that doesn’t end, but you should be able to notice changes by using the app today. You deserve to trade on a DEX that doesn’t feel like 1994... even if we love the retro vibes.
More dino hands, fewer bugs. That’s the law of evolution. That’s why we need your help stress-testing the DLM-2000 engine, so it will become truly seamless.
If you have found a bug, please fill in the form.
If you want to report feedback or simply talk about something that doesn’t fit into the bugs report format, like our communications and marketing strategy, our designs, etc, you can always reach out to us on Discord or X. Meet the crew:
Don’t shy away and reach out. We read everything. Even the memes.
However, the changes don’t stop there! There’s more code on the horizon…
Price impact of trades → Top priority. We’ve heard you loud and clear, and we need to improve the capital efficiency of the protocol. A big upgrade is coming within the next 30 days. We’ve been working on this issue for a few months. This will make swaps cheaper and give LPs even more ways of earning rewards.
Improving the liquidity point program → More logic. More rewards. More bite.
Token launch → Yes.
Ve(3,3) → Coming soon to a liquidity machine near you.
We’re building, optimizing, and occasionally breaking things on purpose.
The MIRA Liquidity Points Program is now the Microchain Liquidity Points Program. There’s no action needed from you if you’re one of the participants.
It’s just the interface change from the Dino team.
You can find more info about the Points Program in one of our past articles.
Thank you to every single trader, builder, and Fuel-powered user who helped us reach this launch. We’ve come a long way from the early MIRA glitches. Now, we’re proud to power a smarter, sharper, dino-designed decentralized exchange.
Keep trading, keep testing, and don’t forget to feed your liquidity bots.
We'll see you at the DLM-2000, on our Discord and X.
RWRRAWWWRR,
The Dinos Team
(Derek, Frank, Brian)
Ladies and gentlemen, systems engineers, and fellow Fuel network nerds! The team of exceptionally intelligent dinos is thrilled to unveil the launch of MICROCHAIN, the Decentralized Liquidity Machine–2000, formerly known as MIRA Protocol™.
You probably noticed that MIRA hasn’t had any upgrades since the Dino era. That’s because we’ve worked on rebuilding the entire app from scratch. Now it’s done. Polished. Upgraded. Juiced with a new design. Your new trading mainframe is officially live on Fuel.
In this article, exploring the latest changes and upcoming updates, our team will introduce you to our prehistoric project.
NOTE: FURTHER POSTS WILL BE PUBLISHED IN THIS OFFICIAL MICROCHAIN BLOG ON MIRROR. You can find it via the link.
Some say we just added a fresh coat of retro-paint. Wrong. We rebuilt the entire reactor core. If you go to microchain.systems now, you’ll notice a few big changes as the app has been refactored.
When making a trade, our app needs to estimate the price by simulating the routing through pools and estimating gas costs. This used to take several seconds per trade, but through various optimizations and parallelization, we’ve been able to bring that down to under a second. This means faster trades and less friction for you as a user, making the trading experience smooth like a pteranodon.
We’ve also implemented Fuel’s new pre-confirmations, which significantly reduce the time for a transaction to execute. With Fuel’s high-performance VM, this might be some of the fastest swaps possible to achieve on an L2. It does feel good, the Dinos can assure you.
We’ve gathered lots of feedback from users on UX that was making their lives harder. We’ve addressed a large portion of those issues, and the app is not much easier to use. This will be an iterative process that doesn’t end, but you should be able to notice changes by using the app today. You deserve to trade on a DEX that doesn’t feel like 1994... even if we love the retro vibes.
More dino hands, fewer bugs. That’s the law of evolution. That’s why we need your help stress-testing the DLM-2000 engine, so it will become truly seamless.
If you have found a bug, please fill in the form.
If you want to report feedback or simply talk about something that doesn’t fit into the bugs report format, like our communications and marketing strategy, our designs, etc, you can always reach out to us on Discord or X. Meet the crew:
Don’t shy away and reach out. We read everything. Even the memes.
However, the changes don’t stop there! There’s more code on the horizon…
Price impact of trades → Top priority. We’ve heard you loud and clear, and we need to improve the capital efficiency of the protocol. A big upgrade is coming within the next 30 days. We’ve been working on this issue for a few months. This will make swaps cheaper and give LPs even more ways of earning rewards.
Improving the liquidity point program → More logic. More rewards. More bite.
Token launch → Yes.
Ve(3,3) → Coming soon to a liquidity machine near you.
We’re building, optimizing, and occasionally breaking things on purpose.
The MIRA Liquidity Points Program is now the Microchain Liquidity Points Program. There’s no action needed from you if you’re one of the participants.
It’s just the interface change from the Dino team.
You can find more info about the Points Program in one of our past articles.
Thank you to every single trader, builder, and Fuel-powered user who helped us reach this launch. We’ve come a long way from the early MIRA glitches. Now, we’re proud to power a smarter, sharper, dino-designed decentralized exchange.
Keep trading, keep testing, and don’t forget to feed your liquidity bots.
We'll see you at the DLM-2000, on our Discord and X.
RWRRAWWWRR,
The Dinos Team
(Derek, Frank, Brian)
The DLM-2000 is the biggest AMM on the Fuel Network. Earn rewards LPing and make lightning fast swaps.
The DLM-2000 is the biggest AMM on the Fuel Network. Earn rewards LPing and make lightning fast swaps.
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