Online Dystopia, the new Polygon exchange

dystopia home

Finally Sphere Finance, gives birth to its first project as promised.

On time, according to the roadmap, Dystopia arrives, the DEX on the Polygon network, which will allow investors in $Sphere to benefit from the exchange’s revenue.

The first liquidity pools have already been created. I had the honor of creating the first WMATIC / SPHERE Volatile and SPHERE / USDC Volatile pairs, but anyone can already enter the official website and start paying their liquidity, which will be paid in 14 days from today.

In fact, the first 2 weeks will be used as a running-in for this DEX ve (3,3), which is a real revolution for the Polygon blockchain.

The Swap

It is already possible to swap all the currencies included in the various pools, clearly in relation to availability, which in the first few days will be rather scarce, but I am sure that in a few weeks there will be something for everyone.

The fees are the lowest in the entire ecosystem, but they guarantee 0.05% to liquidity providers on each swap for the supplied pair.

Liquidity Pool

The liquidity pools, as I mentioned, are already forming, but it is possible to create any pair of coins or tokens, available on the Polygon network, in both Stable and Volatile versions.

There are no minimum withdrawals.

The Vest

The rewards generated by the provision of liquidity will be in $ DYST, the governance token of the protocol, which can be locked in Vest for a week, a month, a year or 4 years.

This operation will allow to accumulate veNFT and consequently more voting power, but obviously, to better understand the mechanism, I refer you to the official Medium for any further information.

There are also features like Bribe, Vote and Whitelist for NFTs, but they are currently so primal that it will take a while to understand their use-case.

What I know is that everything about the world of Sphere Finance is really fascinating and at the beginning, so if you are interested you can learn more on the Sphere Discord server or directly in the Dystopia one.

On time, according to the roadmap, Dystopia arrives, the DEX on the Polygon network, which will allow investors in $Sphere to benefit from the exchange’s revenue.

The first liquidity pools have already been created. I had the honor of creating the first WMATIC / SPHERE Volatile and SPHERE / USDC Volatile pairs, but anyone can already enter the official website and start paying their liquidity, which will be paid in 14 days from today.

In fact, the first 2 weeks will be used as a running-in for this DEX ve (3,3), which is a real revolution for the Polygon blockchain.

The Swap

It is already possible to swap all the currencies included in the various pools, clearly in relation to availability, which in the first few days will be rather scarce, but I am sure that in a few weeks there will be something for everyone.

The fees are the lowest in the entire ecosystem, but they guarantee 0.05% to liquidity providers on each swap for the supplied pair.

Liquidity Pool

The liquidity pools, as I mentioned, are already forming, but it is possible to create any pair of coins or tokens, available on the Polygon network, in both Stable and Volatile versions.

There are no minimum withdrawals.

The Vest

The rewards generated by the provision of liquidity will be in $ DYST, the governance token of the protocol, which can be locked in Vest for a week, a month, a year or 4 years.

This operation will allow to accumulate veNFT and consequently more voting power, but obviously, to better understand the mechanism, I refer you to the official Medium for any further information.

There are also features like Bribe, Vote and Whitelist for NFTs, but they are currently so primal that it will take a while to understand their use-case.

What I know is that everything about the world of Sphere Finance is really fascinating and at the beginning, so if you are interested you can learn more on the Sphere Discord server or directly in the Dystopia one.

Finally Sphere Finance, gives birth to its first project as promised.

On time, according to the roadmap, Dystopia arrives, the DEX on the Polygon network, which will allow investors in $Sphere to benefit from the exchange’s revenue.

The first liquidity pools have already been created. I had the honor of creating the first WMATIC / SPHERE Volatile and SPHERE / USDC Volatile pairs, but anyone can already enter the official website and start paying their liquidity, which will be paid in 14 days from today.

In fact, the first 2 weeks will be used as a running-in for this DEX ve (3,3), which is a real revolution for the Polygon blockchain.

The Swap

It is already possible to swap all the currencies included in the various pools, clearly in relation to availability, which in the first few days will be rather scarce, but I am sure that in a few weeks there will be something for everyone.

The fees are the lowest in the entire ecosystem, but they guarantee 0.05% to liquidity providers on each swap for the supplied pair.

Liquidity Pool

The liquidity pools, as I mentioned, are already forming, but it is possible to create any pair of coins or tokens, available on the Polygon network, in both Stable and Volatile versions.

There are no minimum withdrawals.

The Vest

The rewards generated by the provision of liquidity will be in $ DYST, the governance token of the protocol, which can be locked in Vest for a week, a month, a year or 4 years.

This operation will allow to accumulate veNFT and consequently more voting power, but obviously, to better understand the mechanism, I refer you to the official Medium for any further information.

There are also features like Bribe, Vote and Whitelist for NFTs, but they are currently so primal that it will take a while to understand their use-case.

What I know is that everything about the world of Sphere Finance is really fascinating and at the beginning, so if you are interested you can learn more on the Sphere Discord server or directly in the Dystopia one.

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