Excited to announce "Slashing Insurance" via our regulated insurance carrier @ChainproofDAI.

06 Dec 2022, 15:09
Excited to announce "Slashing Insurance" via our regulated insurance carrier @ChainproofDAI โ›“๏ธ If youโ€™re a professional Asset Manager or Node Validator, please reach out to co-develop the best solutions to insure your clients' funds ๐Ÿ’ฐ #web3 #insurance

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WEMIX
WEMIXWEMIX #155
Telegram
06 Dec 2022, 15:24
WEMIX PLAY ์Šค์™‘์ด ์‹œ์ž‘ํ•ฉ๋‹ˆ๋‹ค ์œ„๋ฏน์Šคํ”Œ๋ ˆ์ด๋Š” ํ˜„์žฌ 21๊ฐœ์˜ ๊ฒŒ์ž„ํ† ํฐ๋“ค์ด ํ™œ๋ฐœํ•˜๊ฒŒ ๊ฑฐ๋ž˜๋˜๋ฉฐ ์ƒํƒœ๊ณ„์˜ ์œ ๋™์„ฑ์„ ๊ตฌ์„ฑํ•˜๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค. ์ด๋“ค์˜ ์ฃผ์š” ๊ฑฐ๋ž˜ ๋ฐฉ์‹์€ ์˜ค๋”๋ถ์ด๊ณ , ๊ทธ ๊ฑฐ๋ž˜์˜ ์ˆ˜๋‹จ์€ pWEMIX(๊ตฌ, Wemix Credit)์ž…๋‹ˆ๋‹ค. pWEMIX ๊ธฐ๋ฐ˜์˜ ์˜ค๋”๋ถ DEX๋Š” ๋‘ ๊ฐ€์ง€ ๋ถˆํŽธํ•œ ์ ์ด ์žˆ์Šต๋‹ˆ๋‹ค. ์ฒซ์งธ๋Š”, pWEMIX์˜ ๋ณ€๋™์„ฑ์ž…๋‹ˆ๋‹ค. pWEMIX์˜ ํฐ ์‹œ์„ธ๋ณ€ํ™”๊ฐ€ ์˜ฌ ๋•Œ, ๊ฑฐ๋ž˜๋Œ€๊ธฐ ์ค‘์ธ ๊ฒŒ์ž„ํ† ํฐ์˜ ํฌ๋ง ๋งค์ˆ˜๊ฐ€๊ฒฉ/๋งค๋„๊ฐ€๊ฒฉ์„ ์ž์‹ ๋“ค์ด ์›ํ–ˆ๋˜ ๊ธฐ๋Œ€์ˆ˜์ต๊ณผ ๊ธฐ๋Œ€๋น„์šฉ์— ๋งž์ถฐ ๋‹ค์‹œ ๋ณ€๊ฒฝํ•ด์•ผ ํ•ฉ๋‹ˆ๋‹ค. ๋‘˜์งธ๋Š”, ๊ฑฐ๋ž˜์ฒด๊ฒฐ์ด ์ƒ๋Œ€์ ์œผ๋กœ ์–ด๋ ต์Šต๋‹ˆ๋‹ค. ํƒˆ์ค‘์•™ํ™”๋œ ์˜ค๋”๋ถ DEX์—์„œ ํฌ๋ง ๋งค๋„๊ฐ€๋ฅผ ์„ค์ •ํ•˜์—ฌ ๋“ฑ๋ก์„ ํ•ด๋†จ์„ ๊ฒฝ์šฐ, ๋” ๋‚ฎ์€ ๋งค๋„๊ฐ€๊ฒฉ์˜ ํŒ๋งค๋ฌผ๋Ÿ‰์ด ์ถœํ˜„ํ•˜๊ฒŒ ๋˜๋ฉด ์ฒด๊ฒฐ์ด ๋˜์ง€ ์•Š์Šต๋‹ˆ๋‹ค. ์ด๋Š” ํ† ํฐ ๋งค์ž… ์‹œ์—๋„ ๋งˆ์ฐฌ๊ฐ€์ง€์ด๋ฉฐ, ์ด ๋•Œ๋ฌธ์— ํ•ญ์ƒ ํ˜ธ๊ฐ€์ฐฝ์„ ๋ณด๋ฉด์„œ ๋งค์ˆ˜/๋งค๋„ ์ฃผ๋ฌธ์„ ๊ฐฑ์‹ ํ•ด์•ผ ํ•˜๋Š” ๋ถˆํŽธํ•จ์ด ์žˆ์Šต๋‹ˆ๋‹ค. ์ด๋Ÿฌํ•œ ๋ถˆํŽธํ•จ์„ ํ•ด์†Œํ•˜๊ณ ์ž WEMIX PLAY์—์„œ SWAP/POOL ์„œ๋น„์Šค๋ฅผ ์‹œ์ž‘ํ•ฉ๋‹ˆ๋‹ค. ๋ชจ๋“  ๊ฒŒ์ž„ํ† ํฐ์€ pWEMIX$์™€ ๊ฑฐ๋ž˜์Œ์„ ์ด๋ฃจ๊ณ  ๊ตํ™˜๋น„์— ๋”ฐ๋ผ ์ฆ‰์‹œ ๊ตํ™˜์ด ๊ฐ€๋Šฅํ•ฉ๋‹ˆ๋‹ค. pWEMIX$๋ฅผ ๊ฑฐ๋ž˜์˜ ์ˆ˜๋‹จ(medium of transaction)์œผ๋กœ ์‚ผ๊ธฐ ๋•Œ๋ฌธ์— ์œ„๋ฏน์Šค์˜ ๋ณ€๋™์„ฑ์—์„œ ์ž์œ ๋กญ๊ณ , ์‹œ์žฅ๊ฐ€๊ฒฉ์ด๋ผ๊ณ  ๋ถˆ๋ฆฌ๋Š” TOKEN/pWEMIX$์˜ ๊ตํ™˜๋น„์— ๊ทผ๊ฑฐํ•œ ์ฆ‰์‹œ ๊ฑฐ๋ž˜๋Š” ํŽธ๋ฆฌํ•จ์„ ํ–ฅ์ƒ์‹œํ‚ต๋‹ˆ๋‹ค. ๋˜ํ•œ, ๋ณด์œ ํ•œ ๊ฒŒ์ž„ํ† ํฐ๊ณผ pWEMIX$๋ฅผ ํ’€(Pool)์— ์˜ˆ์น˜ํ•˜๋ฉด ๊ฑฐ๋ž˜์ˆ˜์ˆ˜๋ฃŒ 1.5%์˜ 60%์ธ 0.9%P๋ฅผ LP์ˆ˜์ˆ˜๋ฃŒ๋กœ ๋ฐ›์•„ ์ž์‚ฐ์„ ๋Š˜๋ฆด ์ˆ˜ ์žˆ์Šต๋‹ˆ๋‹ค. ๋‹จ, ์ด ๊ฒฝ์šฐ ์ตœ์ดˆ ์˜ˆ์น˜์‹œ ๋น„์œจ๋กœ๋ถ€ํ„ฐ ๋ณ€๊ฒฝ๋˜๋Š” ์ž์‚ฐ๊ตฌ์„ฑ์˜ ๋ณ€ํ™”๊ฐ€ ์ผ์–ด๋‚  ์ˆ˜ ์žˆ๊ณ , ๋น„์˜๊ตฌ์  ์†์‹ค์ด ๋ฐœ์ƒํ•  ์ˆ˜ ์žˆ์Œ์„ ์ฃผ์˜ํ•ด ์ฃผ์„ธ์š”. ํŠน์ • ๊ฒŒ์ž„ํ† ํฐ์˜ ํ† ํฌ๋…ธ๋ฏน์Šค๊ฐ€ ๋ถˆ์•ˆ์ •ํ•  ๋•Œ์—๋Š” ๊ตํ™˜๋น„๊ฐ€ ๊ทน๋‹จ์ ์ธ ๋น„๋Œ€์นญ์„ ์œ ๋ฐœํ•ด drain์ด๋ผ ๋ถˆ๋ฆฌ๋Š” pWEMIX$์˜ ์†Œ์ง„ ํ˜„์ƒ์ด ๋ฐœ์ƒํ•˜๋ฉด ๋” ์ด์ƒ ๊ตํ™˜์ด ์ด๋ฃจ์–ด์ง€์ง€ ์•Š๊ธฐ ๋•Œ๋ฌธ์—, ์ด๋ฅผ ๋ณด์™„ํ•ด์ฃผ๋Š” WEMIX PLAY์˜ ์˜ค๋”๋ถ DEX๋Š” ๋ณ‘ํ–‰ ์šด์˜๋ฉ๋‹ˆ๋‹ค. 12์›” 13์ผ(ํ™”)๋ถ€ํ„ฐ ์‹œ์ž‘๋˜๋Š” WEMIX PLAY์˜ SWAP/POOL์„ ํ†ตํ•ด ๋”์šฑ ๋‹ค์–‘ํ•˜๊ณ  ํŽธ๋ฆฌํ•œ GameFi ๊ฒฝํ—˜์„ ์ฆ๊ฒจ ๋ณด์„ธ์š”.
WEMIX PLAY ์Šค์™‘์ด ์‹œ์ž‘ํ•ฉ๋‹ˆ๋‹ค. ์œ„๋ฏน์Šคํ”Œ๋ ˆ์ด๋Š” ํ˜„์žฌ 21๊ฐœ์˜ ๊ฒŒ์ž„ํ† ํฐ๋“ค์ด ํ™œ๋ฐœํ•˜๊ฒŒ ๊ฑฐ๋ž˜๋˜๋ฉฐ ์ƒํƒœ๊ณ„์˜ ์œ ๋™์„ฑ์„ ๊ตฌ์„ฑํ•˜๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค.
WEMIX PLAY ์Šค์™‘์ด ์‹œ์ž‘ํ•ฉ๋‹ˆ๋‹ค ์œ„๋ฏน์Šคํ”Œ๋ ˆ์ด๋Š” ํ˜„์žฌ 21๊ฐœ์˜ ๊ฒŒ์ž„ํ† ํฐ๋“ค์ด ํ™œ๋ฐœํ•˜๊ฒŒ ๊ฑฐ๋ž˜๋˜๋ฉฐ ์ƒํƒœ๊ณ„์˜ ์œ ๋™์„ฑ์„ ๊ตฌ์„ฑํ•˜๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค. ์ด๋“ค์˜ ์ฃผ์š” ๊ฑฐ๋ž˜ ๋ฐฉ์‹์€ ์˜ค๋”๋ถ์ด๊ณ , ๊ทธ ๊ฑฐ๋ž˜์˜ ์ˆ˜๋‹จ์€ pWEMIX(๊ตฌ, Wemix Credit)์ž…๋‹ˆ๋‹ค. pWEMIX ๊ธฐ๋ฐ˜์˜ ์˜ค๋”๋ถ DEX๋Š” ๋‘ ๊ฐ€์ง€ ๋ถˆํŽธํ•œ ์ ์ด ์žˆ์Šต๋‹ˆ๋‹ค. ์ฒซ์งธ๋Š”, pWEMIX์˜ ๋ณ€๋™์„ฑ์ž…๋‹ˆ๋‹ค. pWEMIX์˜ ํฐ ์‹œ์„ธ๋ณ€ํ™”๊ฐ€ ์˜ฌ ๋•Œ, ๊ฑฐ๋ž˜๋Œ€๊ธฐ ์ค‘์ธ ๊ฒŒ์ž„ํ† ํฐ์˜ ํฌ๋ง ๋งค์ˆ˜๊ฐ€๊ฒฉ/๋งค๋„๊ฐ€๊ฒฉ์„ ์ž์‹ ๋“ค์ด ์›ํ–ˆ๋˜ ๊ธฐ๋Œ€์ˆ˜์ต๊ณผ ๊ธฐ๋Œ€๋น„์šฉ์— ๋งž์ถฐ ๋‹ค์‹œ ๋ณ€๊ฒฝํ•ด์•ผ ํ•ฉ๋‹ˆ๋‹ค. ๋‘˜์งธ๋Š”, ๊ฑฐ๋ž˜์ฒด๊ฒฐ์ด ์ƒ๋Œ€์ ์œผ๋กœ ์–ด๋ ต์Šต๋‹ˆ๋‹ค. ํƒˆ์ค‘์•™ํ™”๋œ ์˜ค๋”๋ถ DEX์—์„œ ํฌ๋ง ๋งค๋„๊ฐ€๋ฅผ ์„ค์ •ํ•˜์—ฌ ๋“ฑ๋ก์„ ํ•ด๋†จ์„ ๊ฒฝ์šฐ, ๋” ๋‚ฎ์€ ๋งค๋„๊ฐ€๊ฒฉ์˜ ํŒ๋งค๋ฌผ๋Ÿ‰์ด ์ถœํ˜„ํ•˜๊ฒŒ ๋˜๋ฉด ์ฒด๊ฒฐ์ด ๋˜์ง€ ์•Š์Šต๋‹ˆ๋‹ค. ์ด๋Š” ํ† ํฐ ๋งค์ž… ์‹œ์—๋„ ๋งˆ์ฐฌ๊ฐ€์ง€์ด๋ฉฐ, ์ด ๋•Œ๋ฌธ์— ํ•ญ์ƒ ํ˜ธ๊ฐ€์ฐฝ์„ ๋ณด๋ฉด์„œ ๋งค์ˆ˜/๋งค๋„ ์ฃผ๋ฌธ์„ ๊ฐฑ์‹ ํ•ด์•ผ ํ•˜๋Š” ๋ถˆํŽธํ•จ์ด ์žˆ์Šต๋‹ˆ๋‹ค. ์ด๋Ÿฌํ•œ ๋ถˆํŽธํ•จ์„ ํ•ด์†Œํ•˜๊ณ ์ž WEMIX PLAY์—์„œ SWAP/POOL ์„œ๋น„์Šค๋ฅผ ์‹œ์ž‘ํ•ฉ๋‹ˆ๋‹ค. ๋ชจ๋“  ๊ฒŒ์ž„ํ† ํฐ์€ pWEMIX$์™€ ๊ฑฐ๋ž˜์Œ์„ ์ด๋ฃจ๊ณ  ๊ตํ™˜๋น„์— ๋”ฐ๋ผ ์ฆ‰์‹œ ๊ตํ™˜์ด ๊ฐ€๋Šฅํ•ฉ๋‹ˆ๋‹ค. pWEMIX$๋ฅผ ๊ฑฐ๋ž˜์˜ ์ˆ˜๋‹จ(medium of transaction)์œผ๋กœ ์‚ผ๊ธฐ ๋•Œ๋ฌธ์— ์œ„๋ฏน์Šค์˜ ๋ณ€๋™์„ฑ์—์„œ ์ž์œ ๋กญ๊ณ , ์‹œ์žฅ๊ฐ€๊ฒฉ์ด๋ผ๊ณ  ๋ถˆ๋ฆฌ๋Š” TOKEN/pWEMIX$์˜ ๊ตํ™˜๋น„์— ๊ทผ๊ฑฐํ•œ ์ฆ‰์‹œ ๊ฑฐ๋ž˜๋Š” ํŽธ๋ฆฌํ•จ์„ ํ–ฅ์ƒ์‹œํ‚ต๋‹ˆ๋‹ค. ๋˜ํ•œ, ๋ณด์œ ํ•œ ๊ฒŒ์ž„ํ† ํฐ๊ณผ pWEMIX$๋ฅผ ํ’€(Pool)์— ์˜ˆ์น˜ํ•˜๋ฉด ๊ฑฐ๋ž˜์ˆ˜์ˆ˜๋ฃŒ 1.5%์˜ 60%์ธ 0.9%P๋ฅผ LP์ˆ˜์ˆ˜๋ฃŒ๋กœ ๋ฐ›์•„ ์ž์‚ฐ์„ ๋Š˜๋ฆด ์ˆ˜ ์žˆ์Šต๋‹ˆ๋‹ค. ๋‹จ, ์ด ๊ฒฝ์šฐ ์ตœ์ดˆ ์˜ˆ์น˜์‹œ ๋น„์œจ๋กœ๋ถ€ํ„ฐ ๋ณ€๊ฒฝ๋˜๋Š” ์ž์‚ฐ๊ตฌ์„ฑ์˜ ๋ณ€ํ™”๊ฐ€ ์ผ์–ด๋‚  ์ˆ˜ ์žˆ๊ณ , ๋น„์˜๊ตฌ์  ์†์‹ค์ด ๋ฐœ์ƒํ•  ์ˆ˜ ์žˆ์Œ์„ ์ฃผ์˜ํ•ด ์ฃผ์„ธ์š”. ํŠน์ • ๊ฒŒ์ž„ํ† ํฐ์˜ ํ† ํฌ๋…ธ๋ฏน์Šค๊ฐ€ ๋ถˆ์•ˆ์ •ํ•  ๋•Œ์—๋Š” ๊ตํ™˜๋น„๊ฐ€ ๊ทน๋‹จ์ ์ธ ๋น„๋Œ€์นญ์„ ์œ ๋ฐœํ•ด drain์ด๋ผ ๋ถˆ๋ฆฌ๋Š” pWEMIX$์˜ ์†Œ์ง„ ํ˜„์ƒ์ด ๋ฐœ์ƒํ•˜๋ฉด ๋” ์ด์ƒ ๊ตํ™˜์ด ์ด๋ฃจ์–ด์ง€์ง€ ์•Š๊ธฐ ๋•Œ๋ฌธ์—, ์ด๋ฅผ ๋ณด์™„ํ•ด์ฃผ๋Š” WEMIX PLAY์˜ ์˜ค๋”๋ถ DEX๋Š” ๋ณ‘ํ–‰ ์šด์˜๋ฉ๋‹ˆ๋‹ค. 12์›” 13์ผ(ํ™”)๋ถ€ํ„ฐ ์‹œ์ž‘๋˜๋Š” WEMIX PLAY์˜ SWAP/POOL์„ ํ†ตํ•ด ๋”์šฑ ๋‹ค์–‘ํ•˜๊ณ  ํŽธ๋ฆฌํ•œ GameFi ๊ฒฝํ—˜์„ ์ฆ๊ฒจ ๋ณด์„ธ์š”.
WEMIX
WEMIXWEMIX #155
Telegram
06 Dec 2022, 15:24
WEMIX PLAY Swap/Pool Begins Currently 21 game tokens are being actively traded on WEMIX PLAY, making up healthy liquidity for the ecosystem. The main form of trading on WEMIX PLAY currently is through the order book, and the medium of exchange is pWEMIX(FKA WEMIX credit). There are two inconveniences when using the pWEMIX-based orderbook DEX available currently on WEMIX PLAY. First is associated with the price volatility of pWEMIX. If there is a price variance of pWEMIX, all previously listed game tokens must undergo revaluation and be relisted with new Buy/Sell order prices which reflects the correct trade value. Secondly, it is relatively more difficult to carry out transactions on an order book-based DEX. Transactions are not completed if a new sell order at a lower price is placed. Under such circumstances, one must remove the initial sell order and apply a lower price for token transaction to be executed. This mechanism also hinders buyers in the same way, and therefore, users are expected to manually monitor their BUY/SELL order prices to effectively transact tokens through the WEMIX PLAY order book DEX. In order to resolve such difficulties associated with token trading on WEMIX PLAY, the Swap/Pool service will be implemented. Each of the game tokens on WEMIX PLAY will form an individual swap pool paired with pWEMIX$, and users can immediately swap between the pairs according to the ratio of the asset pairs. Since pWEMIX$ is used as a medium of transaction, users and game tokens are unaffected by the price volatility of WEMIX, and pWEMIX$ which reflects market price in real-time enables more convenient transactions which leads to enhanced user experience. Furthermore, by participating as an LP(Liquidity Provider) depositing game tokens and pWEMIX$ into swap pools, participants are able to earn a 60% share of the 1.5% transaction fee which formulates to 0.9%. However, it is important to take into consideration that the ratio of initially deposited assets may change due to the nature of swap pools, and impermanent loss is a potential risk factor for all participants. In the case where a particular gameโ€™s tokenomics becomes unstable, there is a likelihood of one-way swap transactions to take place. In such a scenario, pWEMIX$ volume within that pair pool may be significantly reduced and result in a disproportionate state. To compensate for these situations, order book DEX on WEMIX PLAY will operate parallel to the WEMIX Play Swap. Prepare for the new dynamic and convenient GameFi experience offered through the WEMIX PLAY Swap/Pool available on Tuesday, December 13th.
WEMIX PLAY Swap/Pool Begins.
WEMIX PLAY Swap/Pool Begins Currently 21 game tokens are being actively traded on WEMIX PLAY, making up healthy liquidity for the ecosystem. The main form of trading on WEMIX PLAY currently is through the order book, and the medium of exchange is pWEMIX(FKA WEMIX credit). There are two inconveniences when using the pWEMIX-based orderbook DEX available currently on WEMIX PLAY. First is associated with the price volatility of pWEMIX. If there is a price variance of pWEMIX, all previously listed game tokens must undergo revaluation and be relisted with new Buy/Sell order prices which reflects the correct trade value. Secondly, it is relatively more difficult to carry out transactions on an order book-based DEX. Transactions are not completed if a new sell order at a lower price is placed. Under such circumstances, one must remove the initial sell order and apply a lower price for token transaction to be executed. This mechanism also hinders buyers in the same way, and therefore, users are expected to manually monitor their BUY/SELL order prices to effectively transact tokens through the WEMIX PLAY order book DEX. In order to resolve such difficulties associated with token trading on WEMIX PLAY, the Swap/Pool service will be implemented. Each of the game tokens on WEMIX PLAY will form an individual swap pool paired with pWEMIX$, and users can immediately swap between the pairs according to the ratio of the asset pairs. Since pWEMIX$ is used as a medium of transaction, users and game tokens are unaffected by the price volatility of WEMIX, and pWEMIX$ which reflects market price in real-time enables more convenient transactions which leads to enhanced user experience. Furthermore, by participating as an LP(Liquidity Provider) depositing game tokens and pWEMIX$ into swap pools, participants are able to earn a 60% share of the 1.5% transaction fee which formulates to 0.9%. However, it is important to take into consideration that the ratio of initially deposited assets may change due to the nature of swap pools, and impermanent loss is a potential risk factor for all participants. In the case where a particular gameโ€™s tokenomics becomes unstable, there is a likelihood of one-way swap transactions to take place. In such a scenario, pWEMIX$ volume within that pair pool may be significantly reduced and result in a disproportionate state. To compensate for these situations, order book DEX on WEMIX PLAY will operate parallel to the WEMIX Play Swap. Prepare for the new dynamic and convenient GameFi experience offered through the WEMIX PLAY Swap/Pool available on Tuesday, December 13th.
WEMIX
WEMIXWEMIX #155
Telegram
06 Dec 2022, 15:24
WEMIX PLAY Swap/Pool Begins Currently 21 game tokens are being actively traded on WEMIX PLAY, making up healthy liquidity for the ecosystem. The main form of trading on WEMIX PLAY currently is through the order book, and the medium of exchange is pWEMIX(FKA WEMIX credit). There are two inconveniences when using the pWEMIX-based orderbook DEX available currently on WEMIX PLAY. First is associated with the price volatility of pWEMIX. If there is a price variance of pWEMIX, all previously listed game tokens must undergo revaluation and be relisted with new Buy/Sell order prices which reflects the correct trade value. Secondly, it is relatively more difficult to carry out transactions on an order book-based DEX. Transactions are not completed if a new sell order at a lower price is placed. Under such circumstances, one must remove the initial sell order and apply a lower price for token transaction to be executed. This mechanism also hinders buyers in the same way, and therefore, users are expected to manually monitor their BUY/SELL order prices to effectively transact tokens through the WEMIX PLAY order book DEX. In order to resolve such difficulties associated with token trading on WEMIX PLAY, the Swap/Pool service will be implemented. Each of the game tokens on WEMIX PLAY will form an individual swap pool paired with pWEMIX$, and users can immediately swap between the pairs according to the ratio of the asset pairs. Since pWEMIX$ is used as a medium of transaction, users and game tokens are unaffected by the price volatility of WEMIX, and pWEMIX$ which reflects market price in real-time enables more convenient transactions which leads to enhanced user experience. Furthermore, by participating as an LP(Liquidity Provider) depositing game tokens and pWEMIX$ into swap pools, participants are able to earn a 60% share of the 1.5% transaction fee which formulates to 0.9%. However, it is important to take into consideration that the ratio of initially deposited assets may change due to the nature of swap pools, and impermanent loss is a potential risk factor for all participants. In the case where a particular gameโ€™s tokenomics becomes unstable, there is a likelihood of one-way swap transactions to take place. In such a scenario, pWEMIX$ volume within that pair pool may be significantly reduced and result in a disproportionate state. To compensate for these situations, order book DEX on WEMIX PLAY will operate parallel to the WEMIX Play Swap. Prepare for the new dynamic and convenient GameFi experience offered through the WEMIX PLAY Swap/Pool available on Tuesday, December 13th.
WEMIX PLAY Swap/Pool Begins.
WEMIX PLAY Swap/Pool Begins Currently 21 game tokens are being actively traded on WEMIX PLAY, making up healthy liquidity for the ecosystem. The main form of trading on WEMIX PLAY currently is through the order book, and the medium of exchange is pWEMIX(FKA WEMIX credit). There are two inconveniences when using the pWEMIX-based orderbook DEX available currently on WEMIX PLAY. First is associated with the price volatility of pWEMIX. If there is a price variance of pWEMIX, all previously listed game tokens must undergo revaluation and be relisted with new Buy/Sell order prices which reflects the correct trade value. Secondly, it is relatively more difficult to carry out transactions on an order book-based DEX. Transactions are not completed if a new sell order at a lower price is placed. Under such circumstances, one must remove the initial sell order and apply a lower price for token transaction to be executed. This mechanism also hinders buyers in the same way, and therefore, users are expected to manually monitor their BUY/SELL order prices to effectively transact tokens through the WEMIX PLAY order book DEX. In order to resolve such difficulties associated with token trading on WEMIX PLAY, the Swap/Pool service will be implemented. Each of the game tokens on WEMIX PLAY will form an individual swap pool paired with pWEMIX$, and users can immediately swap between the pairs according to the ratio of the asset pairs. Since pWEMIX$ is used as a medium of transaction, users and game tokens are unaffected by the price volatility of WEMIX, and pWEMIX$ which reflects market price in real-time enables more convenient transactions which leads to enhanced user experience. Furthermore, by participating as an LP(Liquidity Provider) depositing game tokens and pWEMIX$ into swap pools, participants are able to earn a 60% share of the 1.5% transaction fee which formulates to 0.9%. However, it is important to take into consideration that the ratio of initially deposited assets may change due to the nature of swap pools, and impermanent loss is a potential risk factor for all participants. In the case where a particular gameโ€™s tokenomics becomes unstable, there is a likelihood of one-way swap transactions to take place. In such a scenario, pWEMIX$ volume within that pair pool may be significantly reduced and result in a disproportionate state. To compensate for these situations, order book DEX on WEMIX PLAY will operate parallel to the WEMIX Play Swap. Prepare for the new dynamic and convenient GameFi experience offered through the WEMIX PLAY Swap/Pool available on Tuesday, December 13th.
WEMIX
WEMIXWEMIX #155
Telegram
06 Dec 2022, 15:24
WEMIX PLAY Swap/Pool Begins Currently 21 game tokens are being actively traded on WEMIX PLAY, making up healthy liquidity for the ecosystem. The main form of trading on WEMIX PLAY currently is through the order book, and the medium of exchange is pWEMIX(FKA WEMIX credit). There are two inconveniences when using the pWEMIX-based orderbook DEX available currently on WEMIX PLAY. First is associated with the price volatility of pWEMIX. If there is a price variance of pWEMIX, all previously listed game tokens must undergo revaluation and be relisted with new Buy/Sell order prices which reflects the correct trade value. Secondly, it is relatively more difficult to carry out transactions on an order book-based DEX. Transactions are not completed if a new sell order at a lower price is placed. Under such circumstances, one must remove the initial sell order and apply a lower price for token transaction to be executed. This mechanism also hinders buyers in the same way, and therefore, users are expected to manually monitor their BUY/SELL order prices to effectively transact tokens through the WEMIX PLAY order book DEX. In order to resolve such difficulties associated with token trading on WEMIX PLAY, the Swap/Pool service will be implemented. Each of the game tokens on WEMIX PLAY will form an individual swap pool paired with pWEMIX$, and users can immediately swap between the pairs according to the ratio of the asset pairs. Since pWEMIX$ is used as a medium of transaction, users and game tokens are unaffected by the price volatility of WEMIX, and pWEMIX$ which reflects market price in real-time enables more convenient transactions which leads to enhanced user experience. Furthermore, by participating as an LP(Liquidity Provider) depositing game tokens and pWEMIX$ into swap pools, participants are able to earn a 60% share of the 1.5% transaction fee which formulates to 0.9%. However, it is important to take into consideration that the ratio of initially deposited assets may change due to the nature of swap pools, and impermanent loss is a potential risk factor for all participants. In the case where a particular gameโ€™s tokenomics becomes unstable, there is a likelihood of one-way swap transactions to take place. In such a scenario, pWEMIX$ volume within that pair pool may be significantly reduced and result in a disproportionate state. To compensate for these situations, order book DEX on WEMIX PLAY will operate parallel to the WEMIX Play Swap. Prepare for the new dynamic and convenient GameFi experience offered through the WEMIX PLAY Swap/Pool available on Tuesday, December 13th.
WEMIX PLAY Swap/Pool Begins.
WEMIX PLAY Swap/Pool Begins Currently 21 game tokens are being actively traded on WEMIX PLAY, making up healthy liquidity for the ecosystem. The main form of trading on WEMIX PLAY currently is through the order book, and the medium of exchange is pWEMIX(FKA WEMIX credit). There are two inconveniences when using the pWEMIX-based orderbook DEX available currently on WEMIX PLAY. First is associated with the price volatility of pWEMIX. If there is a price variance of pWEMIX, all previously listed game tokens must undergo revaluation and be relisted with new Buy/Sell order prices which reflects the correct trade value. Secondly, it is relatively more difficult to carry out transactions on an order book-based DEX. Transactions are not completed if a new sell order at a lower price is placed. Under such circumstances, one must remove the initial sell order and apply a lower price for token transaction to be executed. This mechanism also hinders buyers in the same way, and therefore, users are expected to manually monitor their BUY/SELL order prices to effectively transact tokens through the WEMIX PLAY order book DEX. In order to resolve such difficulties associated with token trading on WEMIX PLAY, the Swap/Pool service will be implemented. Each of the game tokens on WEMIX PLAY will form an individual swap pool paired with pWEMIX$, and users can immediately swap between the pairs according to the ratio of the asset pairs. Since pWEMIX$ is used as a medium of transaction, users and game tokens are unaffected by the price volatility of WEMIX, and pWEMIX$ which reflects market price in real-time enables more convenient transactions which leads to enhanced user experience. Furthermore, by participating as an LP(Liquidity Provider) depositing game tokens and pWEMIX$ into swap pools, participants are able to earn a 60% share of the 1.5% transaction fee which formulates to 0.9%. However, it is important to take into consideration that the ratio of initially deposited assets may change due to the nature of swap pools, and impermanent loss is a potential risk factor for all participants. In the case where a particular gameโ€™s tokenomics becomes unstable, there is a likelihood of one-way swap transactions to take place. In such a scenario, pWEMIX$ volume within that pair pool may be significantly reduced and result in a disproportionate state. To compensate for these situations, order book DEX on WEMIX PLAY will operate parallel to the WEMIX Play Swap. Prepare for the new dynamic and convenient GameFi experience offered through the WEMIX PLAY Swap/Pool available on Tuesday, December 13th.