erick sham
1 min readFeb 25, 2023

Cilistia
Cilistia is decentralized, non-custodial peer to peer exchange, The emergence of decentralized exchanges (DEXs) has provided a new way for users to trade cryptocurrencies. Cilistia is a decentralized, non-custodial peer-to-peer exchange that allows users to trade multiple cryptocurrencies in a secure and computerized manner. Cilistia uses smart contracts to facilitate transactions between buyers and sellers. When a trade starts, a smart contract is created to hold the funds in escrow until both parties are set.

Cilistia is committed to sharing its success with its users. The platform distributes 70% of the revenue back to Cilistia token holders (CIL) when tokens are staked in the dashboard.

This revenue is provided in a combination of CIL (25%) and stablecoins and blue chip currencies such as Ethereum and Bitcoin (75%). The amount of CIL staking is also used as collateral to secure the user’s account, and determines the user’s trading limits. By staking the CIL token, users can also access additional benefits such as discounts on service fees and higher trading limits.

No responses yet