YuzuSwap

YuzuSwap is a decentralized exchange on the Oasis Emerald paratime that offers features like liquidity and trade mining. YuzuSwap follows a non-custodial, peer-to-peer, automated-market-maker model. Its goal is to provide a tool to discover and swap tokens within the Oasis ecosystem. The YuzuSwap platform itself is open to developers and members of the Yuzu DAO.

There was no pre-mine, as all tokens are mined block-by-block from the beginning. This includes team/foundation/investors tokens. In addition, the number of tokens mined in each block will halve every year. YuzuSwap's trade mining mechanism is crafted based on a TPST (trading pool share token). When users trade in incentivized trading pairs, they get a balance in TPST, identical to LPT (liquidity provider token) as their evidence of trading. Users will get the trade mining token in every block according to the share of TPST. If the user does not claim the trade mining rewards, the TPST balance will remain there and mine in each block until the user decides to claim the trade mining rewards, after which the TPST balance will reset to zero. Out of the 0.3% transaction fee, 80 percent will go to the buyback smart contract. This contract will activate buying YUZU token action if its price drops below the seventy-two hour average. So the more transaction fees accumulated, the healthier the YUZU token price will be. The remaining 20 percent of the transaction fees will go to the DAO vault.

The DAO vault's use will be voted upon by YUZU token holders. Possible uses include incentivizing developers to create tools for YuzuSwap, co-invest in other projects on Oasis, buy insurance for YuzuSwap, etc. YuzuSwap can be integrated into different projects on Oasis. Users can collateralize their LPT (liquidity provider token) on the upcoming lending protocol on Oasis and regain their liquidity. In addition, they can borrow LPT from the lending protocol to mine YUZU token without bothering about potential impermanent loss. The DAO vault can opt for purchasing insurance for pools on YuzuSwap, so even if unforeseen incidents occur, those pools will be covered by insurance. Promising projects on Oasis can apply for IDO/IFO on YuzuSwap, as it is a way to raise funds for projects from the community. Users with YUZU tokens will vote to choose projects that can go live on the IDO/IFO launchpad, whether or not to allocate mining pool to the token, and which percentage of the mining pool will be allocated to the token, etc.

• Oasis Foundation
• FBG Capital
• MIRANA
• QCP Capital
• NGC Ventures
• Signum Capital
• Kernel Ventures
• PeckShield
• PSP
• Assembly Research