This program aims to empower projects with exceptional potential, allowing them to flourish within the ever-evolving blockchain and decentralized finance landscape. Our commitment to fostering growth and innovation drives us to create an inclusive ecosystem that nurtures collaboration and groundbreaking advancements.

So, let's dive into the detail of this program.

I.     Scope of this Program

Our program is specifically designed to cater to the needs of projects that are currently in the process of development within the Linea Ecosystem, which meet the following conditions:

• Build a project related to Linea Ecosystem (including native or multi-chain projects)

• Have a token on Linea Network and are ready to add a pool on EchoDEX

Our primary objective with this program is to provide comprehensive support and assistance to facilitate the growth and progress of the entire Linea ecosystem. Moreover, we mainly focus on nurturing and empowering individual projects within the system, ensuring they receive the necessary resources and guidance for successful development.

II.     How the Sponsorship works

The EchoDEX Sponsorship Program is organized through the Community Pool Fund mechanism of EchoDEX. This mechanism allows us, or anyone else, to provide $ECP tokens for a specific trading pool to be used as transaction fees. By adding $ECP to a trading pool, users will not have to pay transaction fees using the “Pay Fee by $ECP” feature when trading within that pool. Whenever a transaction occurs within that pool, the system automatically uses $ECP from the Community Pool Fund to cover the transaction fees.

Through the EchoDEX Sponsorship Program, we will contribute a certain amount of $ECP tokens to the Community Pool Fund of the trading pool that participants register with us. The $ECP we provide will be sufficient for project users to trade with 0 fees for the first 10 million trading volume.

After reaching the initial $10 million volume, users can continue trading in that pool and pay fees in two ways: Default or Pay in $ECP. Paying in default mode will incur a fee equivalent to 0.3% of the transaction value while using the Pay in $ECP method will only cost 0.1% of the transaction value. 

Additionally, we will have more Sponsorship rounds on the platform and may continue to sponsor fees for your project trading pool in the future.

For example, Project A has a token of $A. Project A joined the EchoDEX Sponsorship program. Project A adds a pool A/ETH on EchoDEX. EchoDEX will add an amount of $ECP into the Community Pool Fund of trading Pool A/ETH. The token $ECP that EchoDEX supports will be enough to pay fees for users to trade in Pool A/ETH in the first $10M volume. After all the $ECP in the Community Pool Fund is run out, the pool is back to normal.  

III.     EchoDEX responsible for this program

• Support Participants that meet the requirements of the program 

• Support Participants to add pool on EchoDEX.

• Add $ECP to the Community Pool Fund of Participants Trading Pool to pay fees for the first $10M trading volume of that trading pool.

**IV.     Participation requirements: **

• Add Pool on EchoDEX.

V.     How to join this program

To participate in the EchoDEX Sponsorship Program, you can fill out this Form, and we will contact you ASAP.

Our platform is designed for fast and secure trading of cryptocurrencies, with the added benefit of being built on a trusted network.

At EchoDEX, we prioritize low fees to ensure that users can trade without being burdened by high transaction costs. Our platform also features aggregators’ liquidity, allowing users to access a wider range of liquidity pools, thereby increasing the efficiency of their trades. In addition to trading, our platform offers users the opportunity to earn $ECP tokens through various means, including swapping their cryptocurrencies, participating in our farming program, or staking their tokens.

With our user-friendly interface and top-notch security protocols, EchoDEX provides a reliable and convenient trading experience for all crypto enthusiasts. Join our community today and start trading with confidence on our trusted decentralized exchange platform.

Main Features of EchoDEXMain Features of EchoDEX

Aggregator Liquidity

The aggregator liquidity provided by EchoDEX works by consolidating liquidity from multiple sources into a single platform, allowing users to access a wider range of trading pairs and assets. This is achieved through the use of an automated market maker (AMM) algorithm, which helps to maintain a balance of liquidity between different assets.

EchoDEX AMM

The EchoDEX Liquidity protocol provides a decentralized alternative to centralized exchanges, enabling trustless trading of assets. The AMM model and the constant product market-making formula provide a mathematical basis for the price-setting mechanism in a liquidity pool, ensuring that the platform can adjust asset prices automatically based on supply and demand. EchoDEX's unique features and governance structure make it a popular choice among traders and liquidity providers in the decentralized finance (DeFi) ecosystem.

Join us to build something incredible!

Join us in embarking on an exciting journey to develop the ecosystem on LineaBuild Consensys zkEVM by participating in our permissionless testnet. Let's work together to build a vibrant and thriving community of developers and enthusiasts.

To facilitate seamless development on our DEX, we're thrilled to announce that EchoDEX is now available as a default testnet option on the MetaMask extension. This allows developers to quickly join the testnet and explore the myriad of existing apps.

Our Developer Experience teams have gone above and beyond to create an extensive collection of tutorials, technical documentation, and quick starts to help developers get started. Follow us on Twitter and join our #general channel on Discord for the latest news and insights from our engineers, developers, and partners.

Don't miss out on our upcoming community call where we will unveil exciting plans for a "quest-like" voyage to explore EchoDEX and our partner dapps. Get ready to embark on an epic adventure with us!