@HeliosExchange is a decentralized exchange (DEX) that focuses on user privacy, is now available on Arbitrum, one of the most popular Layer-2 scaling solutions for Ethereum.
The Arbitrum network allows for faster and cheaper transactions by utilizing off-chain computation and batching. This makes @HeliosExchange on Arbitrum an ideal solution for traders who want to avoid the high costs and slow speeds of Ethereum's mainnet.
The team set Helios to serve as the primary liquidity layer for Arbitrum. This enables new protocols to address initial liquidity challenges and helps established protocols reduce the costs of their liquidity incentives.
Helios is a public product owned by protocols and users alike, which has contributed to its success as a top AMM. It is perceived that a collaborative approach is essential for a decentralized and open economy to outperform its rivals and deliver a superior product to the market.
HELIOS TECHNICAL ANALYSIS
@HeliosExchange ensures that user funds are always secure and private. With Helios, you can trade with confidence, knowing that your assets are protected by cutting-edge security measures.
On further Tech. analysis, there are a few things to discuss ⬇️
- ve(3,3)
Helios is a DeFi platform that integrates two key concepts in the space, which are, Vote-Escrow and (3,3) game theory.
Vote-Escrow was originally introduced by Curve as a means of incentivizing long-term token holders to participate in governance and voting.
On the other hand, (3,3) game theory was designed by Olympus DAO to facilitate staking, rebasing, & bonding activities.
By joining these 2 mechanisms, Helios encourages users to take actions that promote its success, such as providing liquidity & holding tokens for the long-term
In exchange, liquidity providers receive HELI emissions, while VeHELI holders enjoy benefits such as Fees, Bribes, Rebase, and governance power.
HELIOS PILLARS
In Helios' Automated Market Maker (AMM) system, there are four main groups that play key roles:
1. veHELI holders: These users are motivated to vote for the highest volume groups or receive bribes from protocols seeking to boost their liquidity.
2. LPs: Liquidity providers are incentivized with weekly HELI emissions, which encourage them to add liquidity to the platform.
3. Traders: These users benefit from the liquidity provided by LPs, which results in low slippage and efficient trading conditions thanks to the latest vAMM/sAMM technology.
4. Protocols: They have access to the liquidity layer in a cooperative direction and can benefit from efficient trading conditions for their tokens due to the incentives provided to LPs.
TOKENOMICS VISUALS
The Token Data here at Helios is Distributed as thus 👇
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To find out more on the various Tokenomic factors which include :
AMM Functionality
LaunchPad
Security and
Resources
THREADER VERDICT
Personally, In my opinion, decentralized exchanges (DEXes) on Arbitrum are a great addition to the DeFi ecosystem. They offer several benefits over traditional centralized exchanges, such as lower fees, greater security, and more control over your assets.
Additionally, they allow for greater access to liquidity for new and emerging projects, which is essential for their success.
One of the most promising DEXes on Arbitrum is Helios as we walked through already in this thread as I said, it combines two DeFi concepts ;
Vote-Escrow and (3,3) game theory, to incentivize users to provide liquidity and hold tokens for the long-term. By doing so, they receive HELI emissions and various other benefits.
This approach encourages a cooperative environment where all parties involved, including LPs, traders, and protocols, can benefit from efficient trading conditions and better incentives.
Overall, I believe that DEXes on Arbitrum, & specifically Helios, offer a compelling alternative to CEXes & can drive innovation & growth in the DeFi space. I look forward to seeing more projects leverage this technology to create more decentralized & efficient financial systems.
Gets Started with HELIOS EXCHANGE and its ecosystem -