Enhancing User Experience: Latest Updates on RaumFi DEX and RN Bridge Optimization

Raum Network | RaumFi | RN
3 min readAug 27, 2023

Introduction:

In the ever-evolving landscape of decentralized finance (DeFi), Raum Network continues to strive for excellence by implementing innovative solutions that benefit our community of users. From optimizing transaction fees on RaumFi DEX to drastically reducing transaction times on RN Bridge, our commitment to providing efficient and user-friendly solutions remains unwavering. In this article, we delve into the recent updates and improvements that have been rolled out in the past month, highlighting the significant strides we’ve made to enhance your experience within the Raum Network ecosystem.

1/ Fee Optimization on RaumFi DEX:

One of our top priorities has always been to provide a seamless trading experience on RaumFi DEX. We’ve successfully implemented fee optimizations, ensuring that users can enjoy lower transaction costs while trading their favorite tokens. Our fee structure has been revamped to reward high-volume traders, allowing them to benefit from reduced fees based on their trading tier. This enhancement not only incentivizes active participation but also contributes to a more balanced and equitable trading environment. And yes, access to RaumFi DEX is provided to OG patrons but we are process to integrate more patrons as well in next quarter!!

2/ Tier Benefits for Traders:

Recognizing the importance of creating an inclusive and rewarding trading ecosystem, we’ve introduced tier benefits for traders on RaumFi DEX. With these benefits, users can expect enhanced perks as they progress through different trading tiers. These benefits encompass reduced fees, exclusive access to new token listings, priority participation in airdrops, and personalized support. By aligning rewards with trading activity, we aim to empower traders to optimize their trading experience and achieve their financial goals.

3/ RN Bridge Optimization & RNIP 2 Implementation:

A significant breakthrough that has garnered attention in recent weeks is the remarkable optimization of RN Bridge, our solution for seamlessly transferring RN tokens between the Polygon and StarkNet blockchains. Leveraging the advancements in StarkNet v.0.12.1, we’ve managed to slash the transaction time from approximately 30 minutes to less than 5 minutes. This achievement is a testament to our relentless pursuit of technical excellence and our dedication to providing efficient and rapid solutions for our users. Along with that, RNIP 2 has also been implemented after a DAO vote and patrons have till 15th of November 2023 to migrate their RN tokens to Starknet. Any RN tokens left on polygon network after mentioned timestamp will be deemed lost.

4/ Looking Ahead:

As we continue to refine and expand our suite of products, these recent updates are just a glimpse of what’s to come within the Raum Network ecosystem. Our mission remains centered on offering innovative solutions that contribute to the growth of decentralized finance and provide exceptional value to our community.

5/ Conclusion:

At Raum Network, we’re committed to driving positive change within the DeFi space by consistently enhancing our products and services. From optimizing fees and introducing tier benefits on RaumFi DEX to dramatically improving transaction times on RN Bridge, our recent updates reflect our dedication to creating a user-centric environment. As we move forward, we invite you to join us on this exciting journey, where innovation meets accessibility, and where the possibilities of decentralized finance continue to unfold.

Stay tuned for more updates, as we’re eager to share the next wave of advancements that will shape the future of Raum Network.

To learn more about our latest updates and join our community, visit raum.network

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Raum Network | RaumFi | RN

Secure storage meets decentralized finance - your assets, your control. Experience the power of true ownership & financial freedom with our innovative solutions