LPAW DEX
Detailed Breakdown of LPAW DEX Functions
Last updated
Detailed Breakdown of LPAW DEX Functions
Last updated
Traditional Dexs such as Uniswap, Pancakeswap, and Shibaswap function under a strict market maker formula which leaves very little room for adjustments in Liquidity.
Uniswap Implemented their v3 protocol which uses liquidity in a more efficient way and allows more fine-tuned control to liquidity providers.
Liquid Paw is built from the idea of Concentrated Liquidity which was created for the Uniswap v3 protocol.
Concentrated Liquidity: Liquidity providers (LPs) are given the ability to concentrate their liquidity by “bounding" it within an arbitrary price range. This improves the pool’s capital efficiency and allows LPs to approximate their preferred reserves curve, while still being efficiently aggregated with the rest of the pool
Liquid Paw allows Developers to Set an exact price floor through Initial Liquidity added as well as Liquidity reserves which are kept inside the Dex. The Reserves function as an extra market maker which essentially controls the price autonomously. Theoretically, this should create a rising price floor which is impenetrable. The total supply of the token does not matter since every transaction will result in elastic feedback from the liquidity reserves.
Essentially Liquid Paw is the V3 Uniswap of Shibarium. Developers can launch their tokens on other Shibarium Dex while using LPAW for their Reserve Liquidity however, LPAW will incentivize developers to Launch their tokens directly from our DEX through our low fee and high payout model.
Here you can see the Exchange/ Swap page for Liquid paw. This is where investors will be able to swap for any token launched on Shibarium. They will be able to buy tokens even if they aren't launched directly on LPAW. Version 1 will only allow for swaps on shibarium however we have plans to make this cross-chain.
FUNCTIONS
SWAP: Swap for your desired tokens
POOLS: Provide Liquidity for tokens on LPAW /Deploy Tokens / Farm Liquidity
Providing Liquidity and Farming is where Investors can gain the most out of LPAW. In the Early days of Shibarium, the APR/APY will be very high since there won't be so many people there yet. As more people start to Provide Liquidity and Farm the rates will decrease significantly. Anyone can become an early Shibarium whale if they utilize LPAW properly.