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Today we are publicly releasing what has been in research for more than a year and in 24/7 development mode for the last three months. Meet RANGES!
Ranges is a new model for AMM (DEX) invented and designed by ourselves on top of MEGAPOOLS. It utilizes the power of concentrated liquidity and multi-token pool setup to help liquidity providers EARN MORE without tokens printing, purely from math optimization.
It introduces a few new entities to our well-known megapools: leverage, min/max prices, fact/virt balances – described in the article “Inventing Ranges” and analyzed in “Inventing Ranges pt. 2”.
For the last month Ranges’ve been through Private and Alpha Testing, where our friends and users created more than 100 of them. Based on their experience, that’s what you can use Ranges for:
leveraged megapool, for example MEGA RANGE,
stable pool, for example ROME-USDT,
Uniswap-v3-like pool, for example Puzzle-ROME.
Creating ranges is FREE (only gas commission). Providing liquidity earns you APY from trading swaps. You can withdraw anytime. Just be careful with the leverage you set.
Ranges open a new chapter for Puzzle Swap, similarly to how Uniswap v3 changed everything on Uniswap. Old megapools will not be removed from the interface and you still create them, however Ranges have more advanced functionality, including security measurements such as particular token shutdown and max-sell-off, preventing liquidity draining in case of any token exploit. With Ranges, Puzzle becomes safer.
Ranges have already boosted PUZZLE staking rewards, earning about $8,000 during the month of testing, and we are looking for more, as the entire protocol fee (50% from swaps) goes to PUZZLE stakers.
While we are launching the first “PZ-3.6.0” version today, there are three directions we will keep digging into to enhance the experience:
single token liquidity provision/withdrawal, which requires more research,
staking of assets inside the Ranges (ROME, PUZZLE, WAVES, PZ-tokens, PLUTO) to make them ultra efficient for liquidity providers, which requires more development,
code and math optimization to handle edge cases, for example memecoins with tiny prices and big numbers.
We are so excited to share Ranges with you and the entire DeFi space as something truly unique and what we invented ourselves… We believe that the usecase potential for this technology is limitless and ask you for your support: please create ranges, provide liquidity, share your experience!
With big love,
Puzzle team.
Video tutorial: How to create?
Today we are publicly releasing what has been in research for more than a year and in 24/7 development mode for the last three months. Meet RANGES!
Ranges is a new model for AMM (DEX) invented and designed by ourselves on top of MEGAPOOLS. It utilizes the power of concentrated liquidity and multi-token pool setup to help liquidity providers EARN MORE without tokens printing, purely from math optimization.
It introduces a few new entities to our well-known megapools: leverage, min/max prices, fact/virt balances – described in the article “Inventing Ranges” and analyzed in “Inventing Ranges pt. 2”.
For the last month Ranges’ve been through Private and Alpha Testing, where our friends and users created more than 100 of them. Based on their experience, that’s what you can use Ranges for:
leveraged megapool, for example MEGA RANGE,
stable pool, for example ROME-USDT,
Uniswap-v3-like pool, for example Puzzle-ROME.
Creating ranges is FREE (only gas commission). Providing liquidity earns you APY from trading swaps. You can withdraw anytime. Just be careful with the leverage you set.
Ranges open a new chapter for Puzzle Swap, similarly to how Uniswap v3 changed everything on Uniswap. Old megapools will not be removed from the interface and you still create them, however Ranges have more advanced functionality, including security measurements such as particular token shutdown and max-sell-off, preventing liquidity draining in case of any token exploit. With Ranges, Puzzle becomes safer.
Ranges have already boosted PUZZLE staking rewards, earning about $8,000 during the month of testing, and we are looking for more, as the entire protocol fee (50% from swaps) goes to PUZZLE stakers.
While we are launching the first “PZ-3.6.0” version today, there are three directions we will keep digging into to enhance the experience:
single token liquidity provision/withdrawal, which requires more research,
staking of assets inside the Ranges (ROME, PUZZLE, WAVES, PZ-tokens, PLUTO) to make them ultra efficient for liquidity providers, which requires more development,
code and math optimization to handle edge cases, for example memecoins with tiny prices and big numbers.
We are so excited to share Ranges with you and the entire DeFi space as something truly unique and what we invented ourselves… We believe that the usecase potential for this technology is limitless and ask you for your support: please create ranges, provide liquidity, share your experience!
With big love,
Puzzle team.
Video tutorial: How to create?
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