📧Liquidity, Swaps, Router

Providing Liquidity

Provide 50% of each token to a Volatile pool in the Liquidity Section, that can be managed on your dashboard. You must stake this to earn Elexium Rewards.

Only Whitelisted tokens can be staked, but all tokens can have liquidity provided for them, generating fees. The team will whitelist tokens for bribes and staking on an as needed basis, multiple times per week if needed.

Elexium has two different pool types, Stable and Volatile.

The router will decide which type is best to swap through on the UI. For the time being, only the team will be able to create a stable pool (and will do so via request of anyone who wants one) until we are sure everyone understands what they are creating.

Stake Liquidity in the Arena

Once a pool is whitelisted to be able to be staked, it can be voted on to earn Elexium Rewards. Once this "arena" exists for an LP, both tokens in that LP are also autowhitelisted to act as bribes. Eg: token1-token2 pool receives permission to be staked in the Arena, token1 and token 2 are auto whitelisted to be able to be used as bribes for that pool.

In order to be able to use token 1 and token 2 to bribe other pools, a second bribe whitelist is needed. All of these whitelists are to avoid clogging the UI and protocol with too many types of token. If you need something whitelisted, ask in our Telegram and we will be happy to help. The community should be loud about this too, so we can stay on top of the Whitelisting and what pools are wanted or needed promptly.

In the interest of being The People's Choice while still having a functioning front end, this is how it has to work to prevent spam and clogging.

Stable Pools

These pools are designed for assets that should have little to no volatile movement. Think, USDT-USDC, or protocols wishing to try peg their stablecoin against another asset. Putting two volatile assets into this pool will not have the desired outcome. The formula is as follows:

x³y + y³x ≥ k

Volatile Pools

These are "normal" dex pools. 50% of each asset is provided and swaps are executed all the way along the price curve. Think BTC-ALPH, ETH-BTC, etc. The formula is as follows :

x × y ≥ k

Just remember:

• Volatile Pools will account for many or most pools on the dex.

• Stable Pools are temporarily on a "discuss with team" basis

• Stable pools will benefit from low slippage and price movement