diff --git a/liquidity-pool.md b/liquidity-pool.md index 0a17277..a868dd3 100644 --- a/liquidity-pool.md +++ b/liquidity-pool.md @@ -7,7 +7,7 @@ * Oracle-based price execution means zero slippage. * Single-sided stablecoin liquidity means zero impermanent loss. -## Provide liquidity the way you want it and #EARN PASSIVE YIELD (real yield) +## Provide liquidity the way you want it and earn passive yield You can provide liquidity to the orderbook, either directly by posting limit orders, or by pooling your assets with others into Liquidity Pool. @@ -19,4 +19,4 @@ The design of the Liquidity Pool allows market making of the orderbook at a fixe Liquidity Pool uses our oracle aggregator to determine its mid-price and apply a fixed fee based on a pre-determined rule to create bid and ask, which are then used to fill the market limit orders on the orderbook. -The Liquidity Pool accepts a number of stablecoins. Liquidity Pool tokens can be minted using any of these stablecoins and burnt to redeem any of these. The price at which the Liquidity Pool token is minted or burnt is determined based on the total market value of the Liquidity Pool divided by the outstanding supply of the token. +The Liquidity Pool accepts a number of stablecoins. Liquidity Pool tokens can be minted using any of these stablecoins and burnt to redeem any of these. The price at which the Liquidity Pool token is minted or burnt is determined based on the total market value of the Liquidity Pool divided by the outstanding supply of the token. Since the counterparty of all trades is the Liquidity Pool, this is a zero-sum game between liquidity providers and traders: the traders’ profit and losses will be directly transferred from/to the Liquidity Pool (resulting in a price increase/decrease of Liquidity Pool token). diff --git a/roadmap.md b/roadmap.md index 09650e6..1925563 100644 --- a/roadmap.md +++ b/roadmap.md @@ -1,7 +1,5 @@ # Roadmap -## Roadmaps (TBA) - OATs Campaign Testnet Launch Time diff --git a/tokenomics.md b/tokenomics.md index fd60bc4..27a69a1 100644 --- a/tokenomics.md +++ b/tokenomics.md @@ -8,7 +8,7 @@ description: (More details to be released...) A fair launch is a type of crowdfunding in the crypto space, where the project sells tokens to every participant fairly. A fair launch allows for equitable and fair distribution of tokens. The tokens are fully available to everyone for purchase at the same price. -No presale, no VC funding, that means there is no risk of a rug pull event occurring or community being used as exit liquidity. Tokens will be distributed through fair launch for community to participate in and encourage community members continuously contributing and hodling. +No presale, no VC funding, that means there is no risk of a rug pull event occurring or community being used as exit liquidity. Tokens will be distributed through fair launch for community to participate in and encourage community members continuously contributing and holding. ### Platform Revenue Source @@ -24,12 +24,6 @@ Our tokenomics builds on how the Curve protocol’s governance vote elected to d We also borrow from the successful escrowed emission model from GMX, where, instead of emissions being a liquid, transferable, governance token, escrowed, non-transferrable, token is used. -### Floor Price Fund (Buyback and burn) - -The floor price fund will grow in \[2] ways： - -And the floor price fund will be used to 1) and 2) - ### Referral and NFTs Unique ecosystem NFTs will allow any users to participate in liquidation bot and other strategy bot, as well as enjoy fee deduction and more.