Introduction
Welcome to MEVerse DEX
MEVerse DEX is a representative DeFi(Decentralized Finance) protocol based on MEVerse mainnet network. MEVerse DEX supports AMM(Automated Market Maker) swap, IMO(Initial MEVerse Offering), and NFT Marketplace of the Entertainment-focused MApps(MEVerse DApp) tokens. MEVerse Bridge also supports network conversion of assets on various networks.
There are still many AMM DEXs in 2022, but most of them have not succeeded in securing abundant liquidity and maintaining the protocol in the long term since they only provide significantly higher interest rates in the initial phase. To address these challenges, DeFi 2.0 concept came out and numerous solutions have been proposed, but unfortunately, no projects have yet emerged to solve the challenges.
MEVerse team will deliver Entertainment-focused MApp content with a new paradigm, creating a virtuous cycle of the platform with enough liquidity.
The Vision of MEVerse DEX
The core builder & incubator of the platform
The most important builder and incubator in MEVerse mainnet ecosystem
Realization of deflation through profitable business models
Realize deflationary tokenomics with active business model that does not simply rely on the liquidity provided by the users.
Securing the long term value with liquidity
Portfolio investments using DAO funds & continue to secure platform liquidity to generate long-term value and revenue.
Differences from traditional DeFi services
DeFi 1.0
The first generation of DeFi projects, such as Sushiswap and Pancakeswap, led the popularization of DeFi by introducing the concept of yield farming with self-issued tokens, providing high-interest rates.
Continuous decline in the token price distributed as rewards resulted the lower interest rates. Lower interest rates caused users to leave the platform with the liquidity that they have provided.
The breakaway of user and TVL led to a drop in their token price, and the platform became a vicious circle.
DeFi 2.0
Olympus DAO first proposed a breakthrough solution using POL(Protocol Owned Liquidity) and has succeeded in maintaining a higher level of liquidity compared to DeFi 1.0
Many projects inspired by Olympus DAO began to emerge, and DeFi 2.0 became a new trend.
However, DeFi 2.0 projects, including Olympus DAO, are basically virtually token sales, POL has only delayed price declines and the platform has not been able to operate in long term.
DeFi 1.0 and DeFi 2.0 both left great marks in Defi history, but unfortunately, the results turned out not so well. It's time to leave the glory of the past as history and find something to learn. MEVerse DEX will take the advantages of DeFi 1.0 and 2.0 and compensates for its shortcomings.
Maintain deposit compensation through Liquidity Provide(LP)
Limit reckless Farm operations and selectively run Farms to manage interest rates and TVL over the long term.
Limit infinite token sales and continue to realize deflationary tokenomics through platform revenue business models.
Secure liquidity through DAO Fund's portfolio investments to solve problems leading TVL decrease.
Contribute to the revitalization of the platform through the launch of Entertainment-focused MApp services such as Games, Media content, etc.
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