In our ongoing effort to revolutionize the DeFi ecosystem, we are thrilled to introduce Community Pools, a groundbreaking feature that promises to streamline the onboarding process for high-quality projects and offer lucrative opportunities for our community. Let’s explore the details of Community Pools and how they enhance the Repo Swap ecosystem.
Community Pools are designed to serve as the gateway for high-quality projects to enter the Repo Swap ecosystem. These pools provide projects with rapid access to liquidity without the need to raise venture capital or list on centralized exchanges. At the same time, they enable xREPX holders to earn rewards without the risk of impermanent loss. This streamlined approach accelerates the development of the ecosystem.
Starter Incubation: Eligible projects must complete Starter’s accelerator program, ensuring rigorous vetting for code security, ethical practices, and development integrity. This vetting process safeguards Repo Swap from potential risks and maintains project quality standards.
Governance: The Repo Swap DAO votes to grant Community Pools to selected projects. It can also decide to allocate farm emissions to a project’s primary liquidity pool (e.g., TokenA / ETH).
Community Pool Creation: Projects initiate Community Pools by allocating a percentage of their token’s max supply to be distributed over time.
xRepo Swap Staking: Users stake xRepo Swap (xREPX) in Community Pools, earning rewards in the project’s token without the risk of impermanent loss.
For Projects:
For Investors:
Community Pools introduce a novel bootstrapping mechanism that empowers projects and contributes to the growth of the DeFi ecosystem. By facilitating a seamless and secure onboarding process, Community Pools ensure that only the most promising projects are integrated into the Repo Swap ecosystem.
The introduction of Community Pools marks a significant milestone in the evolution of Repo Swap. By providing a platform for high-quality projects to access liquidity and offering rewarding opportunities for our community, Community Pools enhance the overall robustness and inclusivity of the Repo Swap ecosystem. As we move forward, we remain committed to innovation and community collaboration, ensuring that Repo Swap continues to lead the way in decentralized finance.
Join us in this exciting journey and be part of the future of DeFi with Repo Swap Community Pools. Together, we can shape a more inclusive, transparent, and prosperous crypto landscape.
For More Information
Website: https://reposwap.io/
Twitter: https://twitter.com/reposwap
Whitepaper: https://reposwap.gitbook.io/reposwap/
Telegram: https://t.me/reposwap
Medium: https://medium.com/@repoSwap
Github: https://github.com/RepoDefi
Bct username: smitamitu
Bct URL: https://bitcointalk.org/index.php?action=profile;u=1994205
Metamask ETH Wallet: 0x26e41D42B5D1e3aD2e9A1428F29a10bf714D041a
Proof post: https://bitcointalk.org/index.php?topic=5501044.msg64260672#msg64260672