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cover: .gitbook/assets/Uniwhale_Gitbook_Cover_1900x400.png
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# Introduction
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<mark style="color:green;">Uniwhale is an oracle-based decentralized on-chain perpetual trading exchange where</mark> 
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* [Introduction](README.md)
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* [Our Vision](overview/our-vision.md)
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* [Unique Oracle Design](unique-oracle-design.md)
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* [Trading](trading.md)
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* [Liquidity Pool](liquidity-pool.md)
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* [Tokenomics](tokenomics.md)
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* [Roadmap](roadmap.md)
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* [Social Media](social-media.md)
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* [--------execution](execution.md)
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* [Wallet Control](wallet-control.md)
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* [Overview](overview.md)
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# Liquidity Pool
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## Access to **the democracy of orderbook liquidity** 
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## Democratization **of orderbook liquidity** 
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<mark style="color:green;">Uniwhale allows users to provide liquidity by using multi-stable coins(USDC/USDT/DAI). The accurate price oracle and single-sided liquidity make sure liquidity providers get away from unnecessary impermanent loss.</mark>
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<mark style="color:green;">At uniwhale you can provide liquidity with a number of stablecoins(USDC, USDT, DAI, etc). The objective price oracle and single-sided liquidity protects liquidity providers from impermanent loss.</mark>
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* <mark style="color:green;">Oracle-based liquidity pool to enable zero slippage</mark> 
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* <mark style="color:green;">Single-sided liquidity enables 0 impermanent loss.</mark>
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* <mark style="color:green;">Oracle-based price execution means zero slippage.</mark>
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* <mark style="color:green;">Single-sided stablecoin liquidity means zero impermanent loss.</mark>
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## Provide liquidity the way you want it and #EARN PASSIVE YIELD(risk-neutral)
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## Provide liquidity the way you want it and #EARN PASSIVE YIELD (real yield)
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<mark style="color:green;">You can provide liquidity to the orderbook, either directly by posting limit orders, or by pooling your assets with others into Liquidity Pool.</mark>
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Uniwhale Liquidity Pool thus provides a convenient way to earn <mark style="color:red;">**Passive Real Yield**</mark> (trading fees) from market making and leverage trading.
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#### Oracle-based Liquidity Pool 
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## Provide single-sided liquidity with stablecoins
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The Oracle-based Liquidity Pool consists of a basket of mainstream assets used for trading. Liquidity Pool tokens can be minted using any asset in the basket and burnt to redeem any of the assets. 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.
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The design of the Liquidity Pool allows market making of the orderbook at a fixed / pre-determined fee, with zero slippage, benefitting both traders and liquidity providers.
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## How to provide stable coin liquidity
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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.
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The design of the Oracle-based Liquidity Pool allows liquidity provided at a fixed / pre-determined fee, with zero slippage, benefitting both traders and liquidity providers.
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Liquidity Pool uses Price Oracle to determine its mid-price and apply a fixed fee based on a pre-determined rule to create its bid and ask, which are then used to fill the market limit orders on the orderbook.
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####
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#### Dynamic fee calculation
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<mark style="color:green;">When a particular asset is in heavy demand, its weight within the Liquidity Pool may decrease, and, vice versa.</mark>
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<mark style="color:green;">The fee is adjusted based on the prevailing weight to ensure Liquidity Pool holds a balanced basket of assets</mark>
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#### Market Limit Order
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Market limit orders are filled by Keepers when the matching price reaches the limit price.
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#### Market Order
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Market orders are filled by Keepers at the best price offered by the Uniwhale match engine.
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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.
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### In Code We Trust
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Back to where it started: Satoshi created the vision and practical path of a trustless solution - Bitcoin. Code never lies, and saves us from trusting a 3rd centralized party.  
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Back to where it started: Satoshi created the vision and practical path of a trustless solution - Bitcoin. Code never lies, and saves us from having to trust a centralised authority.  
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DeFi, as an alternative approach of CeFi, provides full on-chain transparency and strict limit on use of user funds. With the code, credit risk can be made minimal.
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DeFi, as an alternative to CeFi, provides full on-chain transparency and strict limit on use of user funds. With code, credit risk can be made minimal.
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### Permisionless, Trustless, Transparency
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We believe we don't decide who has the right to use the platform and how to benefit from the platform, but the community via Governance Vote. We believe in the power of fully decentralization to enable permissionless, trustless and transparency.
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Not we, but our community decides who has the right to use and benefit from the platform. We believe in the power of full decentralization and permissionless, trustless, transparency.
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The uniwhale developing team will be devoted to contribute and bring the initial vision of platform to our community members and incentivising everyone to participate in the DAO to BUILD together.
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Uniwhale team is committed to contributing and bringing this vision of the platform to our community, incentivising everyone to participate in the DAO to BUILD together.
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### Best User Experience
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High slippage, high impermanent loss, complicated UX, inflated farming yield - we spotted many issues still existing in current DeFi protocols and many people are working on solving those. We are a group of developers and web 3 builders, we can't promise we will solve all above, but we are trying to crack one by one. 
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Unknown slippage, uncontrolled impermanent loss, complicated UX, inflated farming yield - we see many issues in the current DeFi protocols. We are a team of web3 developers / builders, joining the efforts to address these issues. 
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We aim to bring the best trading experience to traders, and the most straightforward liquidity provision to LPs, to earn marketing making fees like institutions, but without inflated token price fluctuation.  
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We aim to bring the best trading experience to traders, and the most intuitive liquidity provision to liquidity providers, but without harmful token price volatility.  
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### Who We Are
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# Best Execution
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# Trading
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## Trade up to 200X
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<mark style="color:green;">The speed and latency of the order-matching engine are also not constrained by the settlement blockchain, allowing horizontal scalability.</mark>
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## Lightning-quick on-chain settlement
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## Keep your assets safe
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The orders matched by the order matching engine are sent to the Exchange on-chain contract, which validates these orders and settles them on-chain.
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By building on EVM, which boasts horizontally scalable, instant, finality with low fees, the settlement of trades is cost-efficient and lightning-quick.
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 Market Limit Order
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Market limit orders are filled by Keepers when the matching price reaches the limit price.
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#### Market Order
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Market orders are filled by Keepers at the best price offered by the Liquidity Pool.
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# Unique Oracle Design
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### Oracle-based mid-price calculation 
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### Fast and accurate prices for on-chain contracts 
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Uniwhale uses aggregated oracle to determine trading prices, which provides fast and accurate prices for on-chain contracts. Keepers constantly refresh the or
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Uniwhale is building an oracle aggregator based on multiple service providers to determine trading prices, which provides fast and accurate prices for on-chain contracts.
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