not approved
VyFinance DEx and Bar
Current Project Status
Unfunded
Amount
Received
Received
$0
Amount
Requested
Requested
$1,673,728
Percentage
Received
Received
0.00%
Solution
Build a second layer solution to our DApp that allows users to access yield generated from the swapping of tokens on the DEX. Users stake their token and are distributed fees accrued from the DEX.
Problem
Most DApps mint their token, then use this token to distribute rewards to existing holders. This causes a downward trend in token value. Income should be generated not minted and distributed to users.
Impact / Alignment
Feasibility
Auditability
Team
Team Connections