Mirqur DEX - Improved LP Interface

Mirqur combines portfolio and range pool variants to increase profitability/flexibility of liquidity provision.

Our team members have degrees in Math, AI, Economics, International Business and have worked with Amazon, Microsoft and startups alike.

Mirqur has unified and improved upon a number of interesting features which until now were only available mutually exclusive. We have focused on ensuring our mathematical solutions and system architecture is optimal. In doing so, we aim to deliver a solution that simplifies and increases profitability of liquidity provision and trading.

It is important that our users can understand and leverage these features in ways that are most applicable to their current investment strategy(s). It's important to mention some of the key features that we are building in order to understand the value of our project proposal. As such, below is a list of our features and a more comprehensive overview of our DEX can be found in our light paper here - https://mirqur.io/mirqur.io_lightpaper.pdf

DEX Features

Portfolio-pools - Portfolio pools allow liquidity providers (LPs) to easily add a number of tokens to a pool and adjust their ideal ratios arbitrarily. This simplifies portfolio management.

Range-pools - Range-pools give individual LPs granular control over what price ranges their capital is allocated. This increases the profitability of liquidity provision.

Impermanent loss insurance - If you qualify and withdraw while in impermanent loss, you will be reimbursed for the difference. This secures your crypto assets. Note - this is a feature that needs to be brought on following the release of the platform due to the nature of the insurance mechanism.

Roadmap

Q3 2021 - Fundraising, testnet, smart-contract implementation

Q4 2021 - Mainnet launch, audit, data collection for trade optimiser, portfolio-range pools

Q1 2022 - Impermanent loss and AI trade optimisers

Team

Our team has worked for big tech companies such as Amazon and Microsoft as well as startups in Sweden and Seattle. This combination of experiences gives us both the rigour but also the "getting-things-done" mentality. Our team has a combined Haskell experience of over 10 years of Haskell which is perhaps one of the key factors to success in Cardano atm. You can find more information on our team on our website - https://mirqur.io/#team

Definition of Activities

Activities for this project proposal are centered around the user experience of the DEX both from the perspective of the LP and the traders.

Given that we have expanded the feature set available to LPs, the interface for liquidity provision needs to be logical and follow a familiar flow to what LPs may be used to. It should cater to all investors who have varying degrees of experience with these concepts.

Being able to get a sense of the market and different portfolios is key for decision making. By improving the way we display key market indicators such as trading volume, total locked value and price fluctuation, we will ensure that our users make responsible and profitable investment decisions. In the future, this feature will be expanded when we release some of our LP provision optimisation tools whereby the use of different liquidity provision strategies will be reflected in the dashboard.

This project proposal is focused on two main activities:

Improving the interface for providing liquidity to portfolio-range pools to ensure that liquidity providers can take full advantage of our feature set through a familiar and logical UI.

Implement a dashboard for monitoring different portfolio pools and highlighting popular pools. This will enable users of our platform to make better decisions about how they provide liquidity and trade using our platform.

Definition of Success

This project can be broken down into two deliverables which will all be delivered within 3 months:

(1) An improved interface for providing liquidity provision which also includes:

     - A minimum of 10 user-testing sessions

     - DEX UX/UI report

(2) A Portfolio tracking and monitoring dashboard

Budget

The total budget for the two listed deliverables and costs including VAT:

40 research hours - UI/UX user testing and reporting

100 engineering hours - An improved interface for providing liquidity provision.

60 engineering hours - Portfolio tracking and monitoring

Fixed cost for this work which is composed of developer's salary, accounting/taxes and VAT: $36,200

Relevant links

Twitter - https://twitter.com/Mirqurio

Discord - https://discord.gg/ZqJnQPnHwa

Telegram - https://t.me/mirqurio

Website - https://mirqur.io/

Lightpaper - https://mirqur.io/mirqur.io_lightpaper.pdf

FAQ - https://docs.mirqur.io/