CSP DAO invests in Sigmadex
We are proud to announce Sigmadex as an addition to our portfolio.
Sigmadex is a decentralized perpetual liquidity protocol for tokenized assets. Built on Polkadot.
Problem: Current exchange landscape in crypto finance is fragmented.
-Liquidity and latency issues plague the current decentralized exchanges.
-Centralized exchanges are heavily prone to hacks and exit scams.
-KYC is required in many circumstances on centralized exchanges.
-Current DEXs are limited to their own networks.
-Uneconomical collateralization requirements for synthetic asset backing.
Solution: Create a decentralized, user friendly and low latency multi asset brokerage which is governed by the community.
-Incentivize liquidity staking using game theory.
-Introduce various DeFi opportunities for stakers.
-Allow the protocol variables to be governed by the community.
-Utilize XCMP to exchange assets across multiple networks.
-Introduce data driven technology to regulate synthetic asset collateralization.
__PRODUCT__
Game Theory: Injected mathematical models will uphold stability in a volatile market. Sigmadex will be able to achieve an equilibrium that outperforms existing collateralized liquidity models. By optimizing penalty and reward mechanics, all temperatures of investment risk will stimulate economic performance.
Crosss-Chain: Sigmadex utilizes the Polkadot infrastructure to its full extent by optimizing its core for cross-chain communication. This opens doors for other blockchain networks to seamlessly communicate and transfer data efficiently with each other.
Liquidity Focused: Sigmadex proposes a healthy amount of staking incentives for end users to provide liquidity in token pools. By enabling multiple layers of rewards based on collective models, we are able to create a liquidity framework that scales appropriately with market demand.
Algorithmic Collateralization Engine: The Sigma Risk Index is an Algorithmic Collaterlization Engine (ACE) which continually ingests market data and uses machine learning to assess the ideal amount of collateralization at any specific time.
Links:
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https://t.me/CSPDAO_CHAT
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🌎 Website:
https://cspdao.network/
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