MonoX is a new DeFi protocol using a single token design for liquidity pools (instead of using pool pairs). This is made possible by grouping deposited tokens into a virtual pair with the vUNIT stablecoin.
Our first use case for single token liquidity pools will be an Automated Market Maker - Monoswap, launched in October 2021.
In the future, we will be launching lending/borrowing and derivatives products.
Why use MonoX?
Single token liquidity pools are more capital-efficient, resulting in a more optimized experience for all participants.
Who do we expect to be the primary users of MonoX?
Attention. There is a risk that unverified members are not actually members of the team
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