THE FEATURES AND TRUE ESSENCE OF INSTADEX
InstaDEX is a decentralized exchange for tokens based on Tezos to Create liquidity pairs, trade tokens and participate in farming activities. InstaDEX offers innovative tools to manage your portfolio and get the most out of trading in the market, this ensures that the network remains decentralized and has no control over ownership and digital currency decisions are made through community governance, unlike most currencies in the financial world. InstaDEX also aims to allow blockchain communities to perform atomic swaps on a truly decentralized blockchain platform.
Let’s talk about the true essence of instaDEX on the Tezos platform in which the interest of solving the key downsides of the initial model of AMMs affecting both traders and liquidity providers is of outmost priority, therefore with the interest of both traders and liquidity providers at heart, InstaDEX has created the solution to these problems by offering:
1.) Single asset liquidity provisioning: InstaDEX allows LPs to contribute and maintain a 100% exposure on a single token rather than to contribute two tokens ( $INSTA and $XTZ) representing the component parts of the Liquidity pool.
2.) Impermanent loss protection: the Liquidity provider can always get back the same value originally deposited( plus trading fees and rewards)
3.) Yield generator of Liquidity providers: multiple LP providers can have access to farms inorder to facilitate a good amount of rewards.
Other features also includes; Proof of stake, proof of service, lightening network, atomic swap, decentralised exchanged that is programmed directly into the wallet and master node.
These developments are aimed at helping the Liquidity providers to not only manage risk but also to take part in the upside through swap fees collected by the protocol and will also provide small and micro cap coins which will be a major encouragement for projects aiming to launch on the Tezos ecosystem.
The beauty of InstaDEX is that a liquidity Provider does not go through the stress of acquiring two tokens he wouldn’t ordinarily buy just to provide liquidity. the single asset features sorts these set of LPs out. Immunity covers LPs that stake for 100 day or more , these LPs get 100% protection from impermanent loss.
In Conclusion, InstaDEX being the Eight DEX on the Tezos platform will erase various issues that have affected the traditional Automated Market Makers (AMMs) thereby helping the Blockchain perform atomic swap on a truly decentralised cross Blockchain platform.
For more information on the latest developments:
Website https://instaraise.io
Twitter https://twitter.com/instaraise
