Inspiration
Uniswap、AMPL
What it does
Use the simplest way to solve the problem of Impermanent Loss.
How we built it
We built a DEX ,its name is colswap. 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.
Challenges we ran into
COL’s rebase mechanism。
Accomplishments that we're proud of
When a user encounters Impermanent Losses when withdraw liquidity, he will receive COL for compensation and trigger the rebase mechanism of COL.
What we learned
A deeper understanding of DEFI.
What's next for Colswap
1.Design Token Economics 2.Optimization. 3.Launch.
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