# TEZEX Plans for Sirius (LB)

In 2023, TEZEX shifted its focus from its [atomic swap bridge](https://medium.com/tezosexchange/the-changemakers-of-tezex-bridge-fd73bb1d8da2) to prioritize enhancing support for LB/Sirius, Tezos’ native liquidity baking mechanism. As part of this transition, the TEZEX website was updated with a streamlined LB/Sirius Dashboard, designed to cater to both traders and liquidity providers.

* **For Traders:** The dashboard enables seamless trades between **XTZ** and **BTC (via tzBTC)**, leveraging the liquidity and low-slippage benefits of Sirius.
* **For Liquidity Providers:** The platform simplifies the process of adding and removing liquidity to the Sirius DEX, providing an accessible interface for participants to engage with the largest liquidity pool on Tezos—that is, \[the same as] creating and redeeming the **Sirius** (**SIRS**) token. 

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## TEZEX Roadmap to build on Sirius/LB

Building on its Sirius-centric approach, TEZEX has ambitious plans to expand its offerings, including:

**1. Reintroduction of the Atomic Swap Bridge:**\
TEZEX plans to relaunch its **Bitcoin-to-Tezos atomic swap bridge**, enabling users to:

* **Seamlessly acquire tzBTC:** Bitcoin holders will be able to convert their BTC directly to tzBTC without relying on centralized exchanges or complex intermediary steps.
* **Streamline LB liquidity management:** Users can provide and remove liquidity in Sirius directly using native Bitcoin, reducing the friction associated with acquiring or redeeming tzBTC.

**2. Leveraged Trading via TezFin:**\
TEZEX will integrate leveraged trading capabilities by utilizing backend connections to the TezFin lending platform. This will:

* Enable users to open leveraged positions on XTZ-tzBTC trades.
* Lay the foundation for advanced derivatives trading, including **perpetuals** and **power perpetuals** (see below).

**3. Enhanced LP Analytics and Tracking:**\
TEZEX plans to develop sophisticated tools for liquidity providers, offering:

* Detailed tracking of LP rewards, including transaction fees and block subsidies.
* Historical performance metrics for LP positions.
* Insights into pool dynamics, such as trading volume and fee generation.

**4. Bridging to Layer 2s (L2s):**\
The platform will streamline connections to emerging Tezos L2 solutions like [Etherlink](HTTPS://etherlink.com), Jstz, TezLink enabling:

* Fast and cost-efficient bridging of liquidity and trading activities.
* Improved scalability for high-frequency traders and \[in the case of Etherlink] EVM-'bound' LPs seeking to interact with Sirius and Tezos markets overall.

**5. Expanded Derivatives Offerings:**\
By leveraging its integration with TezFin and advanced analytics, TEZEX aims to introduce powerful derivatives products:

* **Perpetuals:** Leveraged trading contracts allowing long or short positions on assets such as **XTZ**, **tzBTC**, and **SIRS**, enabling traders to speculate on price movements with greater flexibility.
* **Power Perpetuals:** Advanced leveraged contracts offering amplified exposure to price changes, with leverage options of **2x**, **3x**, **or higher** for assets like **SIRS**, designed for traders seeking high-risk, high-reward strategies.


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