Exeedme's Gam3Swap Overview:. Introduction:. - New tool to convert Diamonds to web3 items. RPG Explanation:.
28 Apr 2023, 17:12
🎮 Exeedme's Gam3Swap Overview:
I. 🌐 Introduction:
- New tool to convert Diamonds 💎 to web3 items
II. 🎲 RPG Explanation:
- Gam3Swap: trade DIAMONDS 💎 for $XED tokens, or vice versa
- SwapMaster NPC 🤖 facilitates trades
III. 💰 Tokens:
- DIAMOND 💎: soft token, used on Exeedme platform
- XED 🔑: entry to Exeedme ecosystem
- XEDMOND 🏆: Liquidity Pool token
IV. 🔁 Centralized AMMs:
- Gam3Swap: centralized AMM for better control, faster transactions
- AMM Formula 📊: XED pool size * DIAMOND pool size = constant_product
V. 💧 Liquidity Provision:
- Provide XED & DIAMOND 💎 to liquidity pool
- Receive XEDMOND tokens 🏆 & rewards
VI. 🗓 Roadmap:
1. Community consultation 🎤: until 30th April (Discord & Telegram Q&A)
2. Initial Liquidity for Gam3Stakers 💪: 28th April - 7th May
- Convert 400 $XED into XEDMOND 🏆 at a fixed price on 5th May 24h UTC
3. Start trading of Gam3Swap 🚀: 8th May
VII. ❓ FAQ Highlights:
- Diamonds 💎: non-transferable, stable value
- XED holders 💼: new use case, potential for additional perks
- Gam3Swap fees 💸: 3% total (1.5% to Exeedme, 1.5% to liquidity providers)