Thread by @AnewbiZ007

After reading the white paper, I have to say, there is a lot to unpack here, and even more innovation. I reccomend taking the dive and reading up. But here is a $SCRT thread ON $DRO to unpack some of the highlights that I saw. 🧵👇

https://twitter.com/DRO_DAO/status/1506661383001329664

First of all, a stable swap with no slippage and super low fees.
The AMM will have the standard LP pool and set up we all know in #DeFi. Except this is #PriFi
No need to go deep here, lets talk OXY pools!

OXY pools will allow swaps 1:1 on 2 or more assets. No slippage, but a sliding scale fee structure. This is interesting, for a few reasons. Fee schedule vs slippage means you know what you are getting, less guess work.

While the exponential fee scale will create resistance to depleting any single side. Which has value in many areas. And the lower end is extremely low, .03%

The OXY pool participation presents interesting strategies, including a way to effectively swap with 0 fees and slippage as well, because you can deposit any token in the pool, and withdraw any token (albeit with 10 day unbond)

Derivatives! Snip20 derivatives of staked tokens is already awesome, but lets go further. The plan is to allow sending native tokens like $LUNA $ATOM $SCRT to an on network contract,

That initiates the mint of a snip20 derivitive Token on $SCRT network, usable for DeFi, LP faming, OXY pools, etc. Secure native network, get yield, double dip, add value to $DRO and @DRO_DAO treasury.

This is a very ambitious, and game changing direction, which can help further the privacy narrative in other chains. Even private governance voting #bullishAF

Large portions of the fees and revenue go into buyback and burn of $DRO, Which is a crowd favorite for deflationary long term value.

The protocol owned liquidity model is also very important IMO because in the long haul, when the inflationary APY incentives of standard AMM pools run low, a market still need liquidity to run.

This is a #CosmosEcosystem project with an #Airdrop that will pitentially change the game in a huge amd positive way. IDK about you, but I am not missing this!

If you like the content, consider giving the like and retweet, get word the out.

Also check out the source hydro.finance yourself because always #DYOR