User Experience
Simplifying DeFi, Empowering Every User
Ensuring a seamless user experience and straightforward user onboarding will be a key focus for SwapX.
It is well known that dApps in the DeFi space can be intimidating to the average user who is not familiar with certain technical aspects.
Therefore, one of our main objectives will be to make the user experience as smooth and intuitive as possible.
This includes optimizing graphical elements for web and mobile versions, avoiding redundant components, and structuring sections coherently with intuitive user logic.
Each section will be accompanied by general descriptive text and in-depth details, including a tutorial section that will guide users through every aspect, both technical and related to cryptocurrencies in general.
The development of the tutorial section will start with the basics of the cryptocurrency space and progress to more advanced elements.
The Goals
Simplify liquidity provision.
Enable onboarding of mainstream users through account abstraction technology
Help improve the usability of the website/platform.
Make user experience and navigation on the platform smooth and easy.
Build a more useful and usable decentralized exchange platform for users.
Provide knowledge to all types of users, from experienced to novice
Account Abstraction Technology
In traditional blockchain systems, most users have an EOA (Externally Owned Account, such as MetaMask) as their default account, which is inherently intertwined with their private key.
EOAs require a good understanding of how a blockchain works to be used safely, which hinders mainstream adoption.
With the EIP 4337 account abstraction technology, users can authenticate via SMS, Google, Apple, X, Discord, and more, providing a familiar sign-in process.
Behind the scenes, AA is at work, creating a self-custodial embedded wallet for each user.
We anticipate being able to welcome a significant influx of new users entering the DeFi space during the 2024-2025 period.
This approach also emphasizes user data privacy – SwapX will not have access to users' private keys, which ensures users' crypto asset holdings remain secure while still granting them complete control and accessibility.
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