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Kaaran Kalantari is a spokesperson for Wingriders, a decentralized exchange built on the Cardano blockchain. He discusses the platform's improvements over traditional DEXs and developments within the Cardano DeFi ecosystem.
1Interview
2022First on the show
Jun 2022Latest appearance
19 minOn camera
19:12
Latest interview · Jun 19, 2022Kaaran Kalantari on Wingriders, a DEX for CardanoWatch the episode →
In their own words
“End of summer 2020 the team got together and started planning and developing, and yes with smart contracts becoming live that was the get-go but we were in stealth mode till the beginning of this year.”
Key points from the latest interview
- Wingriders is a non-custodial, permissionless decentralized exchange built on Cardano enabling token swaps, liquidity provision, and yield farming.
- Cardano's research-led development approach prioritizes robustness and sustainability over speed, contrasting with Ethereum's faster build-and-iterate philosophy.
- Wingriders launched from proof of concept to mainnet in three to four months, with initial integration into the Newt Five staking wallet before standalone launch.
- The Wingriders DEX offers limit orders, market orders, and flexible limit orders despite maintaining a simple user interface similar to Uniswap.
- Cardano's DeFi ecosystem began explosive growth after smart contracts were enabled in late 2021, creating opportunities for infrastructure projects like decentralized exchanges.