Project Name: Colswap
Project Track: DeFi
Team Name: Col
Team Member(s): 3 (@icomehere & @longest @col )
HackerEarth Project Link: https://devpost.com/software/colswap?ref_content=user-portfolio&ref_feature=in_progress
Project Goal:
Use the simplest way to solve the problem of Impermanent Loss.
Project Info:
Colswap is a dex that compensates for Impermanent Loss with Algo Stablecoin.
COL is the governance token of colswap, and it is also an algorithmic stablecoin like AMPL.
Loss of 1U, compensation of 1 COL.
Project Website: http://18.139.209.82/
Project github link: GitHub - icomehere/Colswap: A DEX that compensates for Impermanent Loss with Algo Stablecoin.
Project Test Instructions:
1、Alice add 1000WTRX and 1000USDT to the WTRX/USDT pool for market making,now the price of WTRX is 1USDT;
2、Suppose after some time, the price of WTRX becomes 0.25USDT，Alice have 2000WTRX and 500USDT in pool,her WTRX increased by 1000，her USDT decreased by 500,the Impermanent Loss is 250USDT(500-1000*0.25);
3、Alic withdraw her asset，she will receive 2000WTRX、500USDT and 250COL.
Project Details:
Smart Contract links:
COL:TRONSCAN | TRON BlockChain Explorer | 波场区块链浏览器
Router:TRONSCAN | TRON BlockChain Explorer | 波场区块链浏览器
Factory:TRONSCAN | TRON BlockChain Explorer | 波场区块链浏览器
WTRX:TRONSCAN | TRON BlockChain Explorer | 波场区块链浏览器
USDT:TRONSCAN | TRON BlockChain Explorer | 波场区块链浏览器
COL_USDT pair :TRONSCAN | TRON BlockChain Explorer | 波场区块链浏览器
WTRX_USDT pair:TRONSCAN | TRON BlockChain Explorer | 波场区块链浏览器
Project Milestones:
1.Initial phase and process ideas(Done).
2.Develop Minimum Viable Product (MVP)(Done).
3.Design Token Economics
4.Optimization.
5.Launch.