Genius Yield uses Cardano’s EUTxO to release unique DEX

Genius Yield uses Cardano’s EUTxO to release unique DEX
фото показано с : invezz.com

2022-2-18 18:20

The well-documented challenges around scaling, which lead to excessive gas fees, prevent the mainstream adoption of trustless solutions. For this reason, Cardano (ADA/USD) has emerged as a reasonable alternative.

It is a highly scalable, secure, energy-efficient, third-gen blockchain that uses EUTxO model data structure to improve developer and user experience.

Higher likelihood of successful transactions

Cardano’s EUTxO architecture has many advantages over the account-based model of Ethereum (ETH/USD). One is that it’s possible to determine a transaction’s impact and validate it locally before it is confirmed on the mainnet. Due to predictable fixed fees, transactions are more likely to succeed.

The first order book DEX with yield optimizer

Genius Yield is using EUTxO to release a one of a kind order-book DEX with a yield optimizer. It is non-custodial with concentrated liquidity, Invezz learned from a press release on aggregator CoinFi.

Concentrated liquidity makes it possible to minimize impermanent loss and maximize capital efficiency. This has deeper liquidity for traders and more rewards for liquidity providers as a result.

DEX to launch in first six months of this year

An ISPO is currently ongoing, in which ADA holders can delegate their stake to one of four official Genius Yield Stake Pools. Genius has allocated 10 million GENS and distributed over a third of the proceeds, equivalent to 3.5 million.  

Fragmented liquidity for responsive liquidity curve

The Genius DEX, which also features fragmented liquidity, is customized with view to Cardano’s exceptional architecture. The DEX uses AI to automate yield optimization and trading strategies.

The DEX transforms the AMM model standard. Fragmentation results in a liquidity curve, which can adapt to dynamic market conditions.

Smart swaps and liquidity vault

Genius DEX also stands out through smart swaps and liquidity vaults. Swaps create standard as well as advanced orders to include algorithmic and dynamic orders via programmable swaps.

Users can earn passive income through the smart liquidity vault by depositing assets into AI-managed vaults. The vault is built on top of the Genius DEX, using the DEX’s advanced functionalities to perform AI-powered algorithmic trading strategies.

The post Genius Yield uses Cardano’s EUTxO to release unique DEX appeared first on Invezz.

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