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DolphinSwap is an N-dimensional automated marketing protocol. DolphinSwap’s liquidity pool supports up to eight currencies and will allow you to customize the proportion of each token and the fee of the pool. It is a universal decentralized exchange.

Why DolphinSwap?

Market makers want to get a more flexible market-making proposal, and they need a more flexible market-making trading protocol. DolphinSwap can change the proportion of 50% to a fully customized proportion. For example, in the EOS-USDT pool, it is no longer limited to the corresponding token that must be injected with the 50% value ratio, but into the user-defined proportion value tokens, such as 75% EOS and 25% USDT. Of course, if the user sets the token to two, one is EOS and the other is USDT, with a ratio of 1:1, then there is no different from Uniswap-like DEX. DolphinSwap can greatly reduce impermanent losses while increasing financial flexibility.

The trading fee of each liquidity pool can be set by the liquidity provider, and the lower trading fee will attract more traders. When users trade in DolphinSwap, the contract will automatically find better prices, lower trading fees, and asset slip points throughout the pool to complete the transaction.

To hedge risks and obtain relatively high returns, investors often adopt portfolio strategies. Index funds are exposure to help investors continuously obtain a portfolio.

Index funds need to be managed, however, and fund managers will charge investors for managing index funds. The advantage of the DolphinSwap liquidity pool is that it can automate index funds through arbitrager participation, without hosting, decentralizing, not only paying fees but also charging fees.

DolphinSwap will provide a more complete and flexible decentralized trading scheme and build a larger DEX ecology.

DolphinSwap Token, DOP

DOP is the governance token of the DolphinSwap platform, which will be deeply bound to the DolphinSwap business. DOP tokens will not be raised or reserved. 100% is generated by mining, and 85% of the tokens generated by mining are awarded to participants and liquidity providers, 10% of DOP will be allocated to the developer fund for the long-term development of DolphinSwap, and 5% will be allocated to Diamond Vault to reward the funding provider of Diamond machine gun pool. Diamond will make a lot of linkage with DolphinSwap and will be an important part of the EFi ecology.

Total supply: 6,000,000

(1) Genesis mining: a total of 2 weeks, with 8% of the total supply, or 480,000.

Start at 2020–09–20 13:00 UTC

End at 2020–10–04 13:00 UTC

(2) Liquidity mining: the DolphinSwap V1 will go online and start mining after Genesis mining.

4% of the total supply in the first week, or 240,000

3% of the total supply in the second week, or 180,000

2% of the total supply in the third week, or 120,000

1%, or 60,000, will be released weekly, with a total supply of seven weeks.

The release in the first three months totals 24%, and the release after three months will be determined by the DOP holder’s vote. The community governance proposal will be officially launched one month after Genesis mining.

The following transactions will be able to participate in Genesis mining for LP:

10 times the initial weight of DOP/EOS LP

5 times the initial weight of DMD/EOS LP

5 times the initial weight of HUB/EOS LP

(1) DOP is DohpinSwap’s governance token. As long as you hold DOP, you will be able to vote on DolphinSwap’s governance proposal to determine the future development of DolphinSwap.

(2) DolphinSwap’s transaction trading fee will be paid 80% to the liquidity provider, 15% will automatically repurchase DOP and burn it, and 5% will be used to repurchase DMD and hand it over to DMD-DAO for processing.

DolphinSwap

DolphinSwap是一个N维自动化做市协议,DolphinSwap做市资金池最多支持8个币种,并将允许你自定义每个代币的占比和资金池手续费,是一种通用化的去中心化交易所。

为什么需要DolphinSwap?

做市商希望获得更灵活的做市方案,就需要更灵活的做市交易协议。DolphinSwap可将各50%的比重改为完全自定义的比例,如在EOS-USDT的池中,不再限定为必须各注入50%价值比例的相应代币,而是注入用户自定义比例价值的代币,例如75%的EOS和25%的USDT。当然,如果用户将代币设定为2个,一个是EOS,一个是USDT,比例为1:1,那么这跟类Uniswap的DEX没有区别。DolphinSwap在增加资金灵活性的同时,可大幅降低无常损失。

每个做市资金池的手续费可由流动性提供者进行设置,较低的手续费将能吸引更多的交易者进入。当用户在DolphinSwap交易时,合约将自动在全部的资金池中寻找更好的价格,更低的手续费和资产滑点以完成交易。

为了对冲风险,并获得相对较高的收益,投资者经常采用投资组合策略。指数基金即是一种帮助投资者持续获得投资组合的敞口。

不过,指数基金需要有人管理,基金的管理人员会向投资者收取管理指数基金的费用。DolphinSwap流动性池的好处在于它通过套利者参与,可以实现自动化的指数基金,无须托管,去中心化,不仅不用缴纳费用,而且还可以收取费用。

DolphinSwap将提供更完整和灵活的去中心化交易方案,构建更庞大的DEX生态。

DOP是DolphinSwap平台的治理代币,DOP将与DolphinSwap业务深度绑定。DOP代币将不做任何募资,也不进行预留。100%由挖矿产生,挖矿产生的代币中85%奖励给创世挖矿参与者与流动性提供者,10% DOP将分配给开发者基金用于DolphinSwap的长期开发工作,5%将分配进入Diamond Vault,用于奖励Diamond机枪池资金提供者。Diamond将和DolphinSwap进行大量联动,将是EFi生态的重要组成部分。

代币总量:6000000

代币产出方案:

(1) 创世挖矿:总计持续2周,产出总量的8%,即480000

开始时间2020–09–20 13:00:00 UTC

结束时间2020–10–04 13:00:00 UTC

(2) 流动性挖矿:创世挖矿结束后DolphinSwap V1将上线,并开启流动性挖矿

第一周产出总量的4%,即240000

第二周产出总量的3%,即180000

第三周产出总量的2%,即120000

之后每周释放1%,即60000,总计产出7周。

前三个月总计产出24%,三个月后的产出方式将由DOP持币人投票决定。创世挖矿后一个月将正式开启社区治理提案。

以下交易对做市LP将可参与创世挖矿:

DOP/EOS LP 初始权重10倍

DMD/EOS LP 初始权重5倍

HUB/EOS LP 初始权重5倍

(1) DOP是DohpinSwap的治理代币,只要持有DOP将可以对DolphinSwap的治理提案进行投票,决定DolphinSwap的未来发展。

(2) DolphinSwap的交易手续费80%将发放给流动性提供者,15%将自动回购DOP并销毁,5%用于回购DMD,并交给DMD-DAO进行处理。

To build an all-inclusive DeFi DAO & ecosystem on EOS.

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