Comment on page
Liquidity providers
Market will allow users to provide single token liquidity, instead of pools of token pairs and bundles.
This design also allows new tokens to be added into an existing pool, greatly enhancing the scalability and capital efficiency of the protocol. For example, while the protocol may start with the base 3 tokens (USDT, USDC, DAI), we may gradually add more tokens into the main pool (such as MIM, FRAX) for shared liquidity.
To stake stablecoins in Community Market (to provide liquidity), a user must own a Yield Ones NFT.
The Yield Ones NFT demonstrates a user's membership in the platform.
The Yield Ones NFT are dynamic NFTs with levels and can allocate to a user greater rewards based on the level of their NFT, maximising the APR of their allocated capital.
Last modified 9mo ago