0Fx Protocol Documentation
  • Start
    • Introduction
    • Usage Cases
  • Optimizing sphere
    • 1) Blockchain Use
      • SaferBridge
      • Layer 2 Optimism
      • 0Fx Layer 3 EVM
      • Data Storage
    • 2) Ecosystem Usage
      • 0Fx Dashboard
        • Ecosystem Referral
        • Mainstream Onboarding
        • Security Options
      • Governance
    • 3) Economic Framework
      • Markets Making
      • Markets Arbitrage
      • Multi-level rewards
  • Economy optimization
    • Stage 1: Layer 1 Remuneration
    • Stage 2: Internal Banking System
    • Stage 3: 0Fx Token
    • Stage 4: dApps Tokens
    • Stage 5: Ecosystem Index
  • Financial Functioning
    • Tokenomics
    • Liquidity Raising
      • Crowdpooling Results
      • Migration to Uniswap
    • Budget management
  • Protocol Evolution
    • Roadmap
      • Praparation
        • Problem Statement
        • Solution Overview
        • Enhanced USP Section
      • Phase 1
        • Products Suite
        • 0Fx Swap: Technical Requirements and Goals
          • User Profiles
          • Functional Requirements
          • Non-Functional Requirements
          • Plus
    • Projection
    • User Base
  • Plus
    • Warning
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  1. Protocol Evolution
  2. Roadmap
  3. Phase 1

0Fx Swap: Technical Requirements and Goals

Current Challenges

  1. Single-Usage Liquidity Allocation: Presently, liquidity is restricted to a singular application, limiting its potential utility.

  2. Low Appeal of Liquidity Provision: The current model for liquidity provisioning lacks sufficient incentives, making it unattractive to most users.

  3. Minimal Fee Returns for Liquidity Providers: Liquidity providers currently earn a fee ranging only between 0.3% to 1% on the liquidity they contribute.

Vision

  1. Dual Utility of Liquidity: Strategically utilize liquidity for multiple purposes, enhancing its overall efficacy.

  2. Optimized Liquidity Allocation: Commit 100% of our liquidity to various protocols, thereby significantly improving liquidity availability for market loans.

  3. Rewarding Swap Mechanism: Transform the swap process into a more rewarding experience for participants.

  4. Enhanced Rewards for Liquidity Providers: Introduce additional income sources for liquidity providers, elevating their reward structure.

  5. Increased Liquidity for Lending Protocols: Augment the liquidity available to lending protocols, contributing to a more robust lending environment.

  6. Leading Liquidity Provider Goal: Aim to become the predominant liquidity provider for major protocols like Compound.

  7. Inclusive Onboarding Vision: Attract a diverse range of users with the promise of a rewarding Web3 experience.

Success Metrics

  1. Enhanced Liquidity Provider Rewards: Achieve an increase in additional rewards for liquidity providers, targeting a range of 3.5% to 20%.

  2. Total Value Lent to Protocols: Aspire to lend an amount close to the total TVL (Total Value Locked) across different protocols.

  3. Coverage of Reputed Protocols: Expand our reach to cover as many reputable protocols as possible.

  4. Market Maker Engagement: Attract over 10 principal market makers to utilize our swap for their core market liquidity.

  5. Liquidity Contribution: Aim to provide at least 10% of the total liquidity of a reputed protocol.

  6. Increased Earnings for Liquidity Providers: Elevate the earnings of liquidity providers by a minimum of 3.5% on large cap.

  7. Total TVL Goal: Surpass a total TVL of over $100 million.

  8. Synthetic Volume Target: Achieve a total synthetic transaction volume exceeding $500 million.

Last updated 1 year ago