New DeFi protocol Wisp Swap on Sui: Comprehensive Financial Service and Innovative Token Economic Model

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Innovative DeFi Protocol on the Sui Network: Wisp Swap

Wisp Swap is a leading Decentralized Finance protocol on the Sui network, providing comprehensive financial product services. The protocol is built on the Sui network and includes features such as trading, lending, staking, liquidity mining, and launchpad, aiming to enhance the capital efficiency of the Sui ecosystem.

Wisp Swap plans to launch the first decentralized prediction market platform on Sui, providing users with more earning opportunities. Its token economic model adopts the Ve(3,3) mechanism, which is an innovative design that combines Curve's VeCRV model and OlympusDAO's 3v3 game theory. This model effectively balances the supply and demand relationship between holders and traders, while bringing more protocol revenue to projects adopting the Ve(3,3) protocol and improving the efficiency of reward distribution.

SUI Ecological Experience|Ve(3 on SUI, 3) Decentralized Finance Protocol Wisp Swap

Four Core Features of Wisp Swap

  1. Asymmetric Concentrated Liquidity Market Maker (A-CLMM): This is an innovative development based on the CLMM mechanism of Uniswap V3. Compared to traditional CLMMs, A-CLMM offers more advanced trading features and more flexible liquidity adjustment options, helping to optimize the returns for liquidity providers and providing impermanent loss protection.

  2. Decentralized Prediction Market: Wisp-Prediction is the first prediction platform on the Sui chain, allowing users to earn rewards by predicting cryptocurrency prices and real-world events.

  3. ve(, 3) token economic model: This design encourages long-term holding and active participation in governance, allowing users to earn rewards by voting on proposals.

  4. Decentralized Autonomous Organization (DAO): The goal of Wisp Swap is to establish a powerful platform supported by the $WISP token, gradually transferring governance and fund management powers to the community, achieving a highly decentralized DAO governance model.

Team Background

The core team of Wisp Swap consists of 6 members who have extensive experience in finance, product design, and computer science. The team members have been in the crypto market for over 5 years, starting with trading and conducting in-depth research on blockchain products. They have been committed to developing permissionless, secure, and reliable financial services, which is also the original intention of creating Wisp Swap.

Latest Product Updates and Experiences

Wisp Swap recently released a new version, introducing some exciting new features to enhance user experience:

  1. Recent transactions show: Users can easily view recent transaction activities.

  2. Trading volume data display: Provides detailed data to help users make more informed investment decisions.

  3. Mining pool search function: Users can quickly find mining pools by name or token.

  4. User Experience Optimization: Improved the overall user interface and added the Zap in feature.

These updates aim to provide users with a more convenient and efficient Decentralized Finance experience, further consolidating Wisp Swap's leading position in the Sui network's DeFi ecosystem.

SUI-0.24%
DEFI-9.42%
SWAP-0.88%
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SchroedingerGasvip
· 07-30 02:34
Another altcoin AMM?
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LayerZeroEnjoyervip
· 07-30 02:33
Sui has been going great lately, with lots of projects.
View OriginalReply0
GasFeeCryvip
· 07-30 02:25
Gas prices are high, I'm crying!
View OriginalReply0
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