Dextopia

Dextopia

Dextopia is a protocol to optimize yield, voting power, and liquidity provisioning on Dystopia

3
Dextopia

Dextopia

Dextopia is a protocol to optimize yield, voting power, and liquidity provisioning on Dystopia

The problem Dextopia solves

Dextopia is a protocol to optimize yield, voting power, and liquidity provisioning on Dystopia. Dystopia is a decentralized exchange (AMM) where tokens may be swapped using liquidity provided by users. Those users earn DYST emissions. Those who lock DYST receive veDYST and a higher share of DYST rewards. veDYST or vote escrowed DYST, is a concept first introduced by Curve Finance which aims to reward long term users of a protocol. Those who hold veDYST earn trading rewards from the protocol as well as voting power to direct DYST emissions.
If you wish to lock DYST, Dextopia allows you to earn a larger share of trading fees and rewards, as well as a share of boosted DYST emissions received by liquidity providers in exchange for you providing boost to the protocol.
If you wish to be a liquidity provider, Dextopia means you can earn boosted DYST rewards without having to lock DYST for several years, as well as additional TOPIA rewards.
If you wish to maximize voting power and influence over DYST emissions and gauges, Dextopia ensures veDYST is always max locked in order to maximize voting power. This influence is then controlled through the TOPIA token which can be locked for up to 16 weeks and earn additional rewards.
Dextopia has no deposit or withdrawal fees and a minimal performance fee that is distributed to DYST and TOPIA lockers in its entirety. There are no vcs, investors, or advisors.

Technologies used

Discussion