User Profiles
Liquidity Providers
User Category: Liquidity Providers and Yield Farmers
Goals:
Optimizing Yield: Engage in yield optimization by leveraging LP positions.
Position Management: Ability to open and close positions within the yield optimization feature.
Earnings Amplification: Utilize the platform to enhance rewards from liquidity positions.
Position Tracking: Monitor and track LP positions efficiently.
Risks:
Competitive Volume Challenges: Potential risk of lower total rewards due to less volume compared to other DEXs.
Liquidity Lock-In: Risk of liquidity being locked due to its utilization in lending protocols or other protocols.
Motivators:
Airdrop Farming: Opportunities for additional earnings through airdrops.
Enhanced Reward Potential: Prospect of earning higher rewards and yields.
Buyers
User Category: Individuals engaging in token swaps
Goals:
Cost-Effective Swapping: Swap tokens with lower fees compared to other platforms.
Transaction Security: Ensure highly secure transactions.
Ease of Use: Access to a user-friendly interface for swapping.
Optimal Token Exchange: Facilitate the buying of Token A by selling Token B.
Low Slippage: Swap tokens at the most favorable prices.
Risks:
Slippage Concerns: Risk of high slippage during transactions.
Cost of Transaction: Transaction costs associated with swapping.
Motivators:
Airdrop Farming: Attraction of potential airdrop rewards.
Reward Incentives: Potential for earning rewards through swap transactions.
Arbitrageurs
User Category: Individuals aiming to profit from price differences
Goals:
Profit Generation: Capitalize on price differentials to make a profit.
Risks:
Profitability Challenges: Risk of transactions not being profitable.
MEV Bots and Attacks: Exposure to Maximal Extractable Value (MEV) bots and other forms of attacks.
Motivators:
Arbitrage Opportunities: Lower targeting by arbitrage bots in new DEXs, presenting profitable opportunities.
Last updated