✨Core Protocol v2 & v3 DEX

Infinite Liquidity Range (v2)

The v2 model of the 9MM DEX employs an automated liquidity protocol using the constant product formula (x*y=c). This model requires liquidity providers (LPs) to contribute two assets in equal proportions, creating a balanced liquidity pool. Each trade incurs a small fee of 0.17%, which benefits LPs and is automatically reinvested into their positions. Additionally, these created LP positions can be utilized in yield farming protocols, providing further opportunities for returns.

Concentrated Liquidity (v3)

The v3 model introduces a more efficient approach, allowing LPs to allocate their capital to specific price ranges. This concentrated liquidity model enhances capital efficiency, resulting in lower slippage and higher annual percentage yields (APY) for LPs. The DEX also features multiple fee tiers (0.05%, 0.25%, 1%, and 2%), giving LPs the flexibility to choose their preferred risk-reward balance. Single-asset contributions are supported, effectively converting LPs into limit orders within specified price ranges, which opens up various strategies to maximize ROI and manage risk. The optimized smart contract architecture further reduces transaction costs, enhancing gas efficiency.