YuzuSwap

YuzuSwap

Created using Figma
Created using Figma
YuzuSwap is the first DEX, developed by the Oasis Network Community, on Oasis Emerald - Oasis Network’s EVM compatible Paratime
Data is not available
To be announced
Token Details
Ticker
YUZU
Total supply
500 million
Additional Details
Categories
Platform

About YuzuSwap

YuzuSwap is a decentralized exchange on the Oasis Emerald paratime that includes incentives like liquidity & and trade mining. YuzuSwap follows a non-custodial, peer-to-peer, automated-market-maker model, and aims to provide a safe, swift, low-cost tool to discover and swap tokens within the Oasis ecosystem. The YuzuSwap platform itself is fully open to developers and members of the Yuzu DAO.

Features

  • Fair Launch

    There was no pre-mine. All tokens are mined block by block from the genesis . This includes team/foundation/investors tokens! Additionally, the amount of tokens mined in each block will halve every year.

  •  Trade Once, Mine Forever

    YuzuSwap's trade mining mechanism is designed based on a TPST (trading pool share token). Once users trade in incentivized trading pairs, they will get a balance in TPST, similar to LPT (liquidity provider token) as their evidence of trading. They will receive the trade mining token in each block according to the share of TPST. If the user does not claim the trade mining rewards, TPST balance will always be there and mine in each block until user chooses to claim the trade mining rewards, after which the TPST balance will reset to zero.

  •  Buyback

    Of the 0.3% transaction fee, 80% will go to the buyback smart contract. This contract will trigger buying YUZU token action if the price of it drops below the 72 hour average. So the more transaction fee accumulated, the healthier YUZU token price will be.

  •  DAO Vault

    The other 20% of the transaction fees will go to the DAO vault. The usage of the DAO vault will be voted by YUZU token holders. Possible uses include to incentivize developers to develop tools for YuzuSwap, co-invest in other projects on Oasis, and purchase insurance for YuzuSwap, and so forth.

  •  Infinitely Extensible

    YuzuSwap is able to be integrated into any projects on Oasis. For instance: users could collateralize their LPT (liquidity provider token) on the upcoming lending protocol on Oasis and regain their liquidity. Alternatively, they can also borrow LPT from the lending protocol to mine YUZU token without the concern of potential impermanent loss. The DAO vault may opt to purchasing insurance for pools on YuzuSwap, so even if unexpected incidents happen, those pools will be covered by insurance. Promising new projects on Oasis could apply for IDO/IFO on YuzuSwap, and it will be a great way to raise fund for projects from the community. Users with YUZU tokens will vote for which project may go live on the IDO/IFO launchpad, whether or not to allocate mining pool to the new token, and what percentage of the mining pool will be allocate to the new token, etc

YuzuSwap Roadmap

  • Launch on Emerald ParaTime with liquidity & trade mining
  • Staking and IDO/IFO
  • Dual Yield, Limited Order
  • DAO

Activity

Followers:
55 132
VERY HIGH
Tweets:
389
HIGH
30 Days Growth:
-370
Members:
16 073
VERY HIGH
30 Days Growth:
-1169

YuzuSwap Last News

$
Crypto Stats
Daily, %:
Weekly, %:
Monthly, %:
Market Info
Market Cap:
Volume 24h:
Circ. Supply:
Ticker:
YUZU
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.