Lots of people asked about Carbon/Demex's roadmap for 2023.
It has just been released! I spent hours summarizing it for you.
The devs keep shipping, and has >20 awesome stuff building, from EVM & Cosmwasm support, to better liquidity, and more!
Alpha-filled 🧵
1/26
It has just been released! I spent hours summarizing it for you.
The devs keep shipping, and has >20 awesome stuff building, from EVM & Cosmwasm support, to better liquidity, and more!
Alpha-filled 🧵
1/26
1. $SWTH Trading Discounts:
Trading discounts can be applied to wallet addresses with staked SWTH soon! The amount of discount will depend on the amount of SWTH staked.
Accounts with staked SWTH can delegate the trading discounts to an alternative address too.
#trading
Trading discounts can be applied to wallet addresses with staked SWTH soon! The amount of discount will depend on the amount of SWTH staked.
Accounts with staked SWTH can delegate the trading discounts to an alternative address too.
#trading
2. Shared Security with Alliance Assets:
This allows Carbon to form economic alliances with larger chains, making Carbon network more secure as larger and more liquid assets secure it.
Learn more: alliance.terra.money/overview
#alliance #terra #luna #security #interchainsecurity
This allows Carbon to form economic alliances with larger chains, making Carbon network more secure as larger and more liquid assets secure it.
Learn more: alliance.terra.money/overview
#alliance #terra #luna #security #interchainsecurity
3. Embracing Ethermint:
We've seen how crazy @CantoPublic got recently.
With Ethermint coming to Carbon soon, it will become an EVM-chain, similar to @EvmosOrg and Canto, where anyone can deploy solidity smart contracts permissionlessly.
#ethermint #EVMOS #canto
We've seen how crazy @CantoPublic got recently.
With Ethermint coming to Carbon soon, it will become an EVM-chain, similar to @EvmosOrg and Canto, where anyone can deploy solidity smart contracts permissionlessly.
#ethermint #EVMOS #canto
4. Cosmwasm Support:
After the launch of Ethermint, the Devs will be looking at integrating Cosmwasm support, a permissionless smart contract. language popular in Cosmos.
This smart contract tooling platform will help to grow developer adoption of Carbon.
#cosmwasm
After the launch of Ethermint, the Devs will be looking at integrating Cosmwasm support, a permissionless smart contract. language popular in Cosmos.
This smart contract tooling platform will help to grow developer adoption of Carbon.
#cosmwasm
5. Insurance Fund Token:
Carbon will build a native insurance fund token for perps & futures.
It will collect funds from liquidated positions closed above their bankruptcy price and will not only cover losses from losing trades but also payout potential black swans.
#insurance
Carbon will build a native insurance fund token for perps & futures.
It will collect funds from liquidated positions closed above their bankruptcy price and will not only cover losses from losing trades but also payout potential black swans.
#insurance
Users can contribute directly to the fund, and get a receipt token representing their share of the insurance fund.
Users with this insurance fund token will then get fees and payouts when the insurance fund reaches its target size (which will be set by Carbon governance).
Users with this insurance fund token will then get fees and payouts when the insurance fund reaches its target size (which will be set by Carbon governance).
6. Dust-to-SWTH conversion:
As $SWTH is a real-yield token, fees from every transaction are given to stakers and LPs.
Carbon's upcoming any-asset-swap enables Rewards to SWTH Conversion, turning rewards to your preferred currency, i.e. $SWTH or $USDC.
#realyield
As $SWTH is a real-yield token, fees from every transaction are given to stakers and LPs.
Carbon's upcoming any-asset-swap enables Rewards to SWTH Conversion, turning rewards to your preferred currency, i.e. $SWTH or $USDC.
#realyield
7. Decentralized Frontend:
In the protocol's next step towards decentralization, Carbon will be open-sourcing its frontend UI.
Having multiple frontend UIs would increase decentralization and censorship resistance for the Carbon ecosystem.
#decentralizedfrontend
In the protocol's next step towards decentralization, Carbon will be open-sourcing its frontend UI.
Having multiple frontend UIs would increase decentralization and censorship resistance for the Carbon ecosystem.
#decentralizedfrontend
8. Optimizing Liquidity:
This year Carbon is optimizing liquidity across a few phases:
- Multi-Pool Linking and Routing:
Liquidity pools using the same token will now be aggregated on the orderbook instead of being independent, i.e ETH-USD and ETH-SWTH will share ETH liquidity.
This year Carbon is optimizing liquidity across a few phases:
- Multi-Pool Linking and Routing:
Liquidity pools using the same token will now be aggregated on the orderbook instead of being independent, i.e ETH-USD and ETH-SWTH will share ETH liquidity.
- New Liquidity Mechanism:
Carbon first launched AMM-backed orderbooks. However, this still needed liquidity for an optimal trading experience.
With this new liquidity mechanism, users can supply their liquidity simultaneously across selected markets for deeper liquidity.
Carbon first launched AMM-backed orderbooks. However, this still needed liquidity for an optimal trading experience.
With this new liquidity mechanism, users can supply their liquidity simultaneously across selected markets for deeper liquidity.
- Any Asset Swap:
The above feature will provide better slippage for Carbon's upcoming any-to-any asset swap.
Carbon may partner with a DEX swap aggregator for this as well.
#dexaggregator
The above feature will provide better slippage for Carbon's upcoming any-to-any asset swap.
Carbon may partner with a DEX swap aggregator for this as well.
#dexaggregator
- Grouped Tokens:
A novel DeFi primitive that combines the liquidity of a common asset (e.g. $USDC) from multiple networks into a single token, accumulating liquidity for a seamless trading experience.
Learn more: blog.switcheo.com/grouped-tokens…
#groupedtokens
A novel DeFi primitive that combines the liquidity of a common asset (e.g. $USDC) from multiple networks into a single token, accumulating liquidity for a seamless trading experience.
Learn more: blog.switcheo.com/grouped-tokens…
#groupedtokens
9. Cross Margin:
This allows users to use a variety of whitelisted assets as margin for trading perps, i.e. ETH or even ETH LSD.
Combined with Carbon's CLOB + LP/AMM model, these two features will make Carbon the most advanced trading protocol in existence!
#LSDs #crossmargin
This allows users to use a variety of whitelisted assets as margin for trading perps, i.e. ETH or even ETH LSD.
Combined with Carbon's CLOB + LP/AMM model, these two features will make Carbon the most advanced trading protocol in existence!
#LSDs #crossmargin
10. Spot Margin:
Trade with leverage and go short on spot markets by borrowing from other users (i.e. lenders) on Nitron!
As long as you have sufficient margin, you can borrow spot tokens and spend beyond your account’s balance.
More info: binance.com/en/support/faq…
#margin
Trade with leverage and go short on spot markets by borrowing from other users (i.e. lenders) on Nitron!
As long as you have sufficient margin, you can borrow spot tokens and spend beyond your account’s balance.
More info: binance.com/en/support/faq…
#margin
11: Perps, perps and more perps on Demex!
The beauty of perps is that you bet up or down with leverage.
Demex supports BTC, ETH, OSMO, ATOM perps with impressive progress in volume.
They will be adding more highly-demanded perpetuals, from ATOM, GLP, LUNA and more!
The beauty of perps is that you bet up or down with leverage.
Demex supports BTC, ETH, OSMO, ATOM perps with impressive progress in volume.
They will be adding more highly-demanded perpetuals, from ATOM, GLP, LUNA and more!
12. Trading Bots:
Carbon will start with several bots, such as grid bots, which are automated trading bots that uses a grid-like structure to manage trades and achieve a profit through a large number of trades.
Learn more: binance.com/en/support/faq…
Carbon will start with several bots, such as grid bots, which are automated trading bots that uses a grid-like structure to manage trades and achieve a profit through a large number of trades.
Learn more: binance.com/en/support/faq…
13. More Accessibility:
To improve the accessibility for users to try out Demex, there will be more on-ramp solutions coming, more wallets being integrated, more bridges and aggregators, and a more mobile-focused UIUX.
To improve the accessibility for users to try out Demex, there will be more on-ramp solutions coming, more wallets being integrated, more bridges and aggregators, and a more mobile-focused UIUX.
14. Gamified Trading Experience:
Demex users will be happy to know that they will soon be able to view their full transaction and PNL history on the trading platform, and will launch a shareable position feature for you to brag about your position to others on social media.
Demex users will be happy to know that they will soon be able to view their full transaction and PNL history on the trading platform, and will launch a shareable position feature for you to brag about your position to others on social media.
15. External LP incentives:
Currently LPs get a portion of block rewards and taker fees from trades for that market.
This will be updated to support external LP incentives to encourage more partnerships and make it easier for users to become liquid providers on Demex.
Currently LPs get a portion of block rewards and taker fees from trades for that market.
This will be updated to support external LP incentives to encourage more partnerships and make it easier for users to become liquid providers on Demex.
16. Strategies: Automated DeFi Vaults
Devs are launching a brand new feature called “Strategies”.
They help users to automate certain DeFi strategies on Demex. Two examples is the recent cGLP vault, and an upcoming LSD Vault.
More info: blog.switcheo.com/delta-neutral-…
Devs are launching a brand new feature called “Strategies”.
They help users to automate certain DeFi strategies on Demex. Two examples is the recent cGLP vault, and an upcoming LSD Vault.
More info: blog.switcheo.com/delta-neutral-…
17. Native MetaMask Support:
The support for EVM-compatibility on Carbon bolsters protocol security while bringing users greater convenience through the ability to sign transactions directly from MetaMask, without having to use separate addresses, mnemonics and keys on Demex.
The support for EVM-compatibility on Carbon bolsters protocol security while bringing users greater convenience through the ability to sign transactions directly from MetaMask, without having to use separate addresses, mnemonics and keys on Demex.
18. Referrals for All!
Devs are launching an on-chain referral module that allows dApps and UIs built on the blockchain (e.g. Demex) to attach a referral address and earn commission from trading fees.
More info: guide.carbon.network/features/refer…
Devs are launching an on-chain referral module that allows dApps and UIs built on the blockchain (e.g. Demex) to attach a referral address and earn commission from trading fees.
More info: guide.carbon.network/features/refer…
19. More collaterals on Nitron:
Always being a first-mover, expect more interesting vault tokens from niche projects being listed on Nitron.
In line with this, the mid-term goal of Nitron is to integrate with and onboard all in-demand tokens from the entire Cosmos ecosystem!
Always being a first-mover, expect more interesting vault tokens from niche projects being listed on Nitron.
In line with this, the mid-term goal of Nitron is to integrate with and onboard all in-demand tokens from the entire Cosmos ecosystem!
20: Isolation and Efficiency Mode:
With these, Nitron can
1) list new, riskier assets such as receipt tokens, RWAs, LP tokens, etc, as isolated for stablecoin borrowing only
2) Highest LTV for assets that are correlated in price, i.e. 90% LTV for lsATOM to borrow ATOM
With these, Nitron can
1) list new, riskier assets such as receipt tokens, RWAs, LP tokens, etc, as isolated for stablecoin borrowing only
2) Highest LTV for assets that are correlated in price, i.e. 90% LTV for lsATOM to borrow ATOM
Carbon is making the decentralized economy a reality, with their all-in-one DeFi Hub offering a trading experience that rivals CEXs.
Links:
Roadmap: carbon.network/roadmap
Blog: blog.switcheo.com/2023-unlocking…
Tokenomics:
Buy $SWTH: hub.carbon.network/buy
Links:
Roadmap: carbon.network/roadmap
Blog: blog.switcheo.com/2023-unlocking…
Tokenomics:
https://twitter.com/FishMarketAcad/status/1621053457963810817
Buy $SWTH: hub.carbon.network/buy
Someone pointed out that
$SWTH market cap is
1/40 that of $OSMO
1/5 that of $KUJI
1/20 that of $INJ
1/10 that of $KNC
1/35 that of $DYDX
$SWTH market cap is
1/40 that of $OSMO
1/5 that of $KUJI
1/20 that of $INJ
1/10 that of $KNC
1/35 that of $DYDX
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