Hello r/ethereum! I’m Chad, Community Manager from xToken. In this post, I’d like to introduce xToken, outline the capabilities of our soon-to-launch platform xToken Terminal, and lay out the business case for using Terminal’s Liquidity Mining app. About xToken Since we launched in July 2020, we've served thousands of DeFi users with our native staking and liquidity strategies, processing over $300 million in primary volume across our funds and peaking at $150 million in TVL. Given our deep expertise with Uniswap V3 strategies and unique experience working with other DeFi projects, we’ve transitioned to building DeFi infrastructure to simplify financial primitives. Our new platform, xToken Terminal, aims to be the most trusted and robust capital markets and liquidity management platform for Web3. We want to provide DeFi projects with seamless access to fundamental on-chain primitives. Mining, the first app deployed on Terminal, allows a project to deploy and configure a customized Uniswap V3 liquidity mining campaign in a few easy clicks — freeing up valuable development resources while providing an enhanced user experience, added configurability, and augmented security. Why Should I Incentivize Liquidity on V3? Uniswap V3 is a step-function improvement in the AMM space, offering better capital efficiency for liquidity providers, improved execution for traders, and a more powerful launchpad for DeFi infrastructure. We believe that liquidity will continue to migrate from V2 (and elsewhere) and that V3 will cement itself as the preeminent DEX. For DeFi projects and DAO’s alike, maintaining a strong liquidity presence on Uniswap V3 enhances community access to your token(s), while helping to promote discoverability and connectedness with the rest of the Web3 ecosystem. The Problem with Current V3 Liquidity Mining Solutions Unlike V2, integrating with the Uniswap V3 contracts requires significant development expertise. Projects pursuing LM on Uni V3 spend precious resources developing custom contracts or writing complex off-chain scripts – time that could be used to develop the core product offering. While there are a few active solutions currently being used in the ecosystem, we believe there should be a complete, end-to-end solution with customizable features, top-notch UX and an emphasis on trustlessness and discoverability. The Terminal Difference With Terminal’s Mining app, xToken has built an integrated, configurable architecture that allows partners to permissionlessly configure and deploy V3 liquidity mining programs in a few easy clicks. What makes Mining the best solution for Uni V3 LM?
Contact us to Learn More Interested in a product demo or deeper conversation about how we can help? Feel free to contact our Growth Lead, Ben via email (ben at xtoken.market), Telegram (@ben_xtoken), or Discord (TheGoldenEel#5605). I’m always happy to answer any questions as well. Post here, drop me a dm or reach out in the xToken Discord channel. [link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments