Difference between revisions of "CoFix"

From CryptoWiki

wiki_crypto>Zeb.dyor
 
m (1 revision imported)
 
(No difference)

Latest revision as of 08:49, 23 January 2022

Basics

"CoFiX is a next-generation AMM that uses external oracle data to inform its pricing algorithm."

History

Token

Launch

Token allocation

"90% of the tokens to be distributed via liquidity mining."

Utility

Token Details

Stablecoin

Technology

  • Whitepaper can be found here.
  • Code can be viewed [insert here].
  • Built on:
  • Programming language used:

Transaction Details

How it works

Mining

Staking

Liquidity Mining

"90% of the tokens to be distributed via liquidity mining."

Layer Two

Different Implementations

Interoperability

Other Details

Privacy Method being used

Compliance

Oracle Method being used

"Because CoFiX uses an external oracle, it knows the mid-market price, the staleness of that price, and the historical volatility (unlike DODO or Bancor v2, neither of which incorporate volatility). This lets CoFiX approximate, ever closer, the decision-making of a true market maker."

Their Other Projects

DEX

Governance

DAO

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs/Hacks

Usage

Projects that use or built on it

Competition

Coin Distribution

Pros and Cons

Pros

"By taking into account historical volatility and other pair-specific parameters, it tailors its pricing function closer to how an intelligent market maker would. By offering better spreads during periods of low volatility and becoming more conservative during adverse market conditions, CoFiX can become a more profitable market maker while usually offering more competitive pricing than Uniswap. It can do all this while minimizing impermanent loss and without giving up as much in profits to arbitrageurs."

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

Partners