Decentraland X Powered by Decentraland

Currently, Decentraland users are utilizing third-party trading platforms whenever a user wants to swap in or out of assets, particularly $MANA. This is actively extracting capital out of the Decentraland ecosystem with every swap. We propose introducing a native Decentraland DEX to encourage ecosystem users to swap in and out of $MANA on a native platform.

Our core contract functionality will have 60% of all swap fees paid directly to the Decentraland treasury, with the remaining amount supporting development and maintenance costs on the DEX. Additionally, all code will be open-sourced to the desired specifications of the Decentraland DAO in order to maintain security, decentralization, and transparency for the community.