Author(s): DaVinciGraph
SaucerSwap Voting Interface: N/A
Related Discussions: Create V2 Pool for DAVINCI/HBAR 0.30%
Submission Date: February 28, 2025
Summary
We propose the creation of a V2_DAVINCI/HBAR pool with a 0.30% fee tier on SaucerSwap. This pool will enhance capital efficiency, increase TVL, and liquidity for both SaucerSwap and Hedera.
Abstract
The new V2_DAVINCI/HBAR pool on SaucerSwap uses concentrated liquidity to give liquidity providers better profits, while boosting liquidity and total value locked (TVL).
DaVinciGraph : Toolkit for Hedera
DaVinciGraph Services:
- Token Creator/Manager
- Token/LP/NFT Locker
- Token Burner
- Token Vesting
- DaVinciPics
- Advanced Snapshots
Upcoming Services:
- Token Launchpad
- Token Airdrop
DAVINCI Token:
- Name: Davincigraph
- Symbol: DAVINCI
- Token ID: 0.0.3706639
- Max Supply: 90,000,000
- Decimals: 9
- No keys
Access to DaVinciGraph Services
Requires the DAVINCI token.
Motivation
Cheap fees for trading DAVINCI Token on SaucerSwap.
Benefits (Pros)
- Price Supportive: It can help stabilize token prices.
- Capital Efficient: Concentrated liquidity pools are more efficient in capital deployment.
- Yield Opportunities: Increase yield opportunities for liquidity providers.
- Minimal Slippage: Concentrated pools help to ensure minimal slippage and tighter spreads.
Downside (Cons)
- Risks: Smart contract risk, increased complexity, management overhead, and potential user education challenges
Voting
- For: Create the V2_DAVINCI/HBAR pool with a 0.30% fee.
- Against: Request revisions for further refinement.