MinSwap - Multi-pool DEX

With the upcoming release of Alonzo, there will be a lot of innovative projects looking for a place to initially distribute their tokens. There will also be lots of DeFi users looking for a place to trade new tokens as well as support their favorite projects. This is the premise of MinSwap - a multi-pool automated market maker. What is multi-pool, anyway? It means that there can be multiple pricing functions for one single pair, for example constant-product function, StableSwap invariant, Kyber's DMM function, etc. The trading interface will compute and route to the most efficient pools.

Features
Fair Launch: No pre-mine, no pre-sale. MIN tokens are distributed fairly with only 10% allocated to development funds.
Yield Farming: MIN tokens are rewarded to liquidity providers who stake their liquidity pool tokens.
Launchpool: Supporting new projects in Cardano ecosystem with Initial DEX Offering (IDO) and Initial Farm Offering (IFO).
Permissionless: Anybody can list tokens without permission. Anybody can trade tokens without KYC.
Community First: All trading fees go directly to liquidity providers. MIN token holders can vote democratically on protocol changes.
Ethereum Compatible: With ERC-20 Converter, users can trade Ethereum tokens at much lower fees.
Stake Pool Operators Support: Minswap supports the SPOs by a community-oriented ADA delegation policy and automatic native token fees conversion. (more details in FAQ)

Roadmap
Q2 2021: Fundraising, Constant-Product Pool, Testnet
Q3 2021: Mainnet, Security Audit, Liquidity Mining, Initial DEX Offering (IDO), Initial Farm Offering (IFO)
Q4 2021: Stable Pool
Q1 2022: Decentralized Autonomous Organization (DAO), Community Governance

Token Distribution
Only 10% of the newly minted tokens is allocated to the dev funds, the rest go to our community. 🤗
And yes, no premine or presale, at all.

Team
Our team has experience working in big companies such as Amazon Web Services (AWS), GHTK and contributing to big open source projects like Jenkins, Kubernetes, Prometheus.
We have got Innovation Award at NEO Hackathon Tokyo, thus demonstrating our knowledge about DeFi and blockchain.
We are all also part of the Plutus Pioneer Program.

Funding
Salary for 3 engineers in 3 months: $2000 * 3 * 3 = $18000

Salary for 1 marketing manager in 3 months: $2000 * 3 = $6000

Salary for 1 UI/UX designer in 3 months: $2000 * 3 = $6000

Marketing expenses in 3 months: $2500 * 3 = $7500
Total: $37500

Definition of Success

3 months: Launching prototype on testnet with constant-product pool

6 months: Bootstrap more than 80% of new project tokens

12 months: Implementing community governance and DAO

Public Launch Date: June 10th on Alonzo testnet

FAQ
See our website 👉 https://minswap.org/#faq

Useful Links
Website: https://minswap.org
Read our whitepaper: https://minswap.org/docs/whitepaper.pdf
Follow Twitter for more updates: https://twitter.com/minswapdex
Talk to our community on Discord: https://discord.gg/amg2AFrPMJ
See our development on GitHub: https://github.com/minswap
Subscribe to our writings and blogging: https://medium.com/minswap
Join our Reddit community: https://www.reddit.com/r/MinSwap/
Contact us at contact@minswap.org