Generalize
Information
YuzuSwap is a decentralized exchange on the Oasis Emerald paratime that includes incentives like liquidity and trade mining. It follows a non-custodial, peer-to-peer, automated-market-maker model and aims to provide a safe, swift, low-cost tool for discovering and swapping tokens within the Oasis ecosystem. The YuzuSwap platform is fully open to developers and members of the Yuzu DAO.
Core Features:
- Fair Launch: There was no pre-mine, and all tokens are mined block by block from the genesis. This includes team/foundation/investors tokens. Additionally, the amount of tokens mined in each block will halve every year.
- Trade Once, Mine Forever: YuzuSwap's trade mining mechanism is designed based on a TPST (trading pool share token). Users who trade in incentivized trading pairs receive a balance in TPST, similar to LPT (liquidity provider token), as evidence of trading. They will receive trade mining tokens in each block according to their share of TPST. If the user does not claim the trade mining rewards, the TPST balance will continue to mine in each block until the user chooses to claim the rewards.
- Buyback: 80% of the 0.3% transaction fee goes to the buyback smart contract. This contract triggers buying YUZU tokens if the price drops below the 72-hour average. The accumulated transaction fees contribute to maintaining a healthy YUZU token price.
- DAO Vault: The remaining 20% of the transaction fees goes to the DAO vault, which is used based on the voting of YUZU token holders. Possible uses include incentivizing developers, co-investing in other projects on Oasis, and purchasing insurance for YuzuSwap.
- Infinitely Extensible: YuzuSwap can be integrated into any projects on Oasis. For example, users can collateralize their LPT on the upcoming lending protocol on Oasis and regain liquidity. They can also borrow LPT from the lending protocol to mine YUZU tokens without worrying about potential impermanent loss. The DAO vault may opt to purchase insurance for pools on YuzuSwap to provide coverage in case of unexpected incidents. Promising new projects on Oasis can apply for IDO/IFO on YuzuSwap to raise funds from the community. YUZU token holders will vote on which projects go live on the IDO/IFO launchpad and allocate mining pool resources to new tokens.
- Tokenomics: YUZU token's total supply is capped at 500 million. 70% will be mined block by block from liquidity mining and trade mining pools, 10% will go to the team, 10% to the foundation, and 10% to early-stage investors.
Information
Answers
Coin ranking
Popular Q&A
- Can you provide a detailed comparison of the price of Yuzu with other digital currencies? How does Yuzu's price performance compare to popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin? Are there any significant differences in terms of price volatility, market capitalization, or trading volume? I'm particularly interested in understanding how Yuzu's price movements have been influenced by market trends and investor sentiment.2021-11-24
- Can you provide some insights into the potential future price predictions for Yuzu in the crypto industry? I'm curious to know what experts think about its price movement and whether it has the potential for significant growth or not.2021-11-24
- I'm interested in investing in yuzu crypto, but I'm not sure where to start. Can you provide some guidance on the best ways to invest in yuzu crypto? What are the key factors to consider and what strategies can I use to maximize my investment?2021-11-24
- I want to buy yuzu crypto using my credit card. How can I do that? Are there any platforms or exchanges that accept credit card payments for yuzu crypto?2021-11-24
- Can you tell me the current price of yuzu crypto and provide an overview of its recent performance?2021-11-24
- Can you explain the potential use cases and benefits of yuzu token in the digital currency ecosystem? How does it contribute to the development and growth of the ecosystem?2021-11-24