Cosmos Stablecoin Summit Highlight Series: Duality - Empowering Liquidity Providers
Learn about Duality, a key player in the Cosmos Stablecoin Summit, and its mission to empower liquidity providers in the DeFi space.
Dec 1, 2022
By
Marketing Department
Greetings Duality & Shade community,
In this highlight series, Shade Protocol will cover our partner projects for the upcoming Cosmos stablecoin summit in December - giving viewers the opportunity to learn about these protocols in advance.
Protocols and Speakers at the Cosmos Stablecoin Summit
The Cosmos Stablecoin Summit features the following protocols and speakers: Eventbrite Registration - Set Event Reminder
Agoric
Comdex
Shade Protocol
Duality
Kujira
Axelar
FRAX
Jack Zampolin
Duality - Giving LPs Superpowers
Duality has a clear mission: create sustainable DeFi that empowers liquidity providers to create their own specific markets, allowing providers to optimize their LP strategies which ultimately results in a better user experience.
The following is a list of key Duality features:
Range Orders for LPs
Auto-rebalancing LP positions
Constant-price pools
MEV protections
Dynamic routing algorithms
Integrations and full stack customizations
Duality will play a key role in the future of stablecoins (such as SILK) by creating efficient markets for stablecoins to be traded. With the power of IBC, Duality will be in an excellent position to bridge in tokens from all over the Cosmos.
Ron from Duality was kind enough to make a public appearance on Into The Interchain w/Shade Protocol. This was the first ever public appearance of Duality on any video content anywhere. We would highly recommend giving this interview a watch!
MEV Resistance & Sustainability
Passive liquidity provisioning has become a losing game because arbitrage and price movement take value from passive LPs. The passive LPs that do make money do it at the expense of other token holders through inflationary, unsustainable incentive schemes.
Duality flips this on its head giving by MEV and arbitrage profits back to LPs. On Duality, we hope to make providing liquidity a winning game, and Duality will become one of the first DEXs with sustainable LP incentives.
Duality X Interchain Security X Cosmos Hub
The Cosmos Hub is on an ambitious vision of growing the interchain by bringing utility to the ATOM economic zone. Duality, over the past few months, has been working closely with Cosmos Hub core contributors to launch as an interchain-secured chain in a uniquely win-win partnership.
Cosmos Hub users and ATOM holders will gain secure access to an innovative DEX with a novel mechanism design, which will enable them trade their assets with infinite capital efficiency and run strategies with ease. Duality will inherit the Hub’s multi-billion dollar economic security from day zero by partnering with the Cosmos Hub’s validator set. Most importantly, liquidity will come back to the ATOM economic zone. ATOM holders will finally be able to benefit from the ecosystem which they incubated.
Conclusion
Shade Protocol is an ambitious array of application-layer products focused on a simple end user experience that involves the incorporation of privacy by default. These interconnected privacy-preserving DeFi products built on Secret Network will change DeFi as we know it — empowering the next generation of value creation and exchange. Shade Protocol is launching Silk: a privacy-preserving collateralized, reflexive stablecoin built on Secret Network.
Without privacy, DeFi is incomplete. Traditional financial markets offer a degree of privacy for users, and as a result offer up greater protections in some capacity than existing DeFi markets. Shade Protocol will be the world’s first truly cohesive decentralized and privacy-preserving financial applications — ushering in a golden era for Web3. Shade Protocol will always push forprivacy by default, privacy as an expectation, and privacy as the key to unlocking the full value of a decentralized future.
But we can’t do this without community. We need you to join our community and help make Silk and Shade Protocol a reality.
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Information provided in this post is for general informational purposes only and does not constitute formal investment advice. Please read the full disclaimer at shadeprotocol.io/disclaimer before relying on any information herein.