ID: #1000103 | Status:
In progress

Last updated 35 days ago

Liquidity Efficient DEX Models for Cardano

Problem

Inefficient liquidity use and impermanent loss in Cardano's DEXs due to the unsuitability of the current AMM model for Cardano's eUTXO model, hindering DeFi growth and decentralization.

Solution

Research and propose liquidity provision models optimized for Cardano's eUTXO model to address inefficient liquidity use and impermanent loss in DEXs.

Total to date

This is the total amount allocated to Liquidity Efficient DEX Models for Cardano. 1 out of 5 milestones are complete

₳230,000
Total funds requested
Distributed: ₳138,000
Remaining: ₳92,000
11/23
00/24
01/24
02/24
03/24
Complete
In Progress
To be completed
509
Total Votes
₳191M
Votes Yes
₳137M
Votes No

Monthly report

NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here

Progress report

Status:
On track: No
Estimated completion date: -

Team

The MuesliSwap Team consists of a diverse group of highly skilled individuals who bring a wealth of experience and expertise to the project. Here are the key team members and their respective roles:

  1. Project Lead: The Project Lead oversees the entire project, ensuring effective coordination, communication, and alignment with the project's goals and objectives. They provide strategic direction and ensure the successful execution of the project.
  2. Blockchain Developers: Our team includes experienced blockchain developers who specialize in Cardano and decentralized finance. They are responsible for developing and implementing the smart contracts, integrating the decentralized KYC layer, and ensuring the smooth functioning of the DEX protocol.
  3. Smart Contract Developers: We have dedicated smart contract developers who focus on the development, testing, and deployment of the smart contracts required for KYC verification. They ensure the integrity, security, and reliability of the smart contract infrastructure.
  4. Project Manager: The Project Manager oversees the day-to-day operations, manages timelines, resources, and budget, and ensures effective project execution. They are responsible for coordinating team members, monitoring progress, and mitigating risks to ensure project success.

Each team member brings their unique skills and expertise to their respective roles, working collaboratively to deliver the project with high levels of proficiency and efficiency. Together, the MuesliSwap Team is well-equipped to drive the project forward and achieve its objectives.

MuesliSwap Team
MuesliSwap Team