Deepwaters v1 is the fusion of traditional finance and blockchain technology into a Hibrid Architecture , leveraging proven concepts from both. Deepwaters aims to bring maturity to DeFi and enable systems that power the next generation of financial applications.
Version 1 of the platform will be the launch of our governance program. The community will be able to submit proposals, participate in voting, and determine the direction of the WTR protocol going forward.
Users will be able to purchase and lockup WTR tokens for boosted rewards that come with providing liquidity, using the lending market, and minting ZRB.
The beta release will be live on mainnet for Avalanche, Ethereum, and Polygon networks. During this time will be the launch of the WTR & ZRB tokens along with our incentivization program.
This roadmap is broken into different releases: Testnet, Beta, and Version 1. During testnet we will be releasing a working version of our platform. This will be live on testnet networks for Ethereum, Polygon, and Avalanche. The primary focus during this time period will be on testing, monitoring, and improving. The backend infrastructure, pricing algorithm, liquidity pool design will be updated throughout this time and into the end 2022.
This roadmap is broken into different releases: Testnet, Beta, and Version 1. During testnet we will be releasing a working version of our platform. This will be live on testnet networks for Ethereum, Polygon, and Avalanche.
Platform usage will require offering a superior trading solution to existing trading venues within the space. This means having the necessary infrastructure in place to support future growth, but more importantly having the liquidity to support all trades regardless of size. The Deepwaters platform generates revenue through trading fees. Having more trading volume not only generates more revenues for the platform, but also reduces the spread on the orderbook, which in turn attracts more traders. More fees and volume also attract more liquidity, allowing better RFQ pricing. This creates a virtuous cycle.
Platform usage will require offering a superior trading solution to existing trading venues within the space. This means having the necessary infrastructure in place to support future growth, but more importantly having the liquidity to support all trades regardless of size. The Deepwaters platform generates revenue through trading fees. Having more trading volume not only generates more revenues for the platform,
Platform usage will require offering a superior trading solution to existing trading venues within the space. This means having the necessary infrastructure in place to support future growth, but more importantly having the liquidity to support all trades regardless of size.
Platform usage will require offering a superior trading solution to existing trading venues within the space.
You will notice below there is a heavy focus in the early stages around our exchange and back-end infrastructure. The reasoning behind this is that the success of this project boils down to two key areas, both of which are linked to one another:
-Platform user volume
-Revenue generation
Context
You will notice below there is a heavy focus in the early stages around our exchange and back-end infrastructure.
Deepwaters core applications are referred to as Deepwaters Elements. They include:
-Swap
-Vault
-Exposure Tokens
-Governance/Utility Token
-API
Deepwaters is a system of decentralized finance (DeFi) applications built on a composable business logic layer. Using this hybrid architecture allows for Deepwaters to perform batched transactions across multiple blockchains using both on and off-chain functions.
Deepwaters Design
Deepwaters is a system of decentralized finance (DeFi) applications built on a composable business logic layer.
To optimize speed without sacrificing trust, Deepwaters employs a rollup strategy on multiple Deepwaters-supported blockchains simultaneously. Transactions get matched off-chain, achieve consensus within the Deepwaters network, and are ultimately settled on their respective origin blockchains in batch.
To optimize speed without sacrificing trust, Deepwaters employs a rollup strategy on multiple Deepwaters-supported blockchains simultaneously
Deepwaters is a consensus protected financial ecosystem positioned as a 'middleware layer'.
Deepwaters is a consensus protected financial ecosystem positioned as a 'middleware layer'. It is designed to utilize both blockchain (on-chain) and traditional (off-chain) methodologies, based on their most well-suited use cases and best industry practices.