š„ What Is Shadow, and Why On Fantom? š„
SHADOW is x(3,3)
Building upon Andre Cronje's seminal defi primitive Solidly, and as an authorized fork of RAMSES, SHADOW incorporates Solidly's ve(3,3) foundation and RAMSES' proprietary concentrated liquidity implementation to bring unparalleled liquidity efficiency to Fantom Sonic.
SHADOW takes concentrated liquidity to the next level, optimizing for high frequency trading on liquidity pairs and Fantom Sonic's high throughput and low cost structures. The result is a hyper-efficient liquidity layer designed to attract the most effective liquidity providers, while delivering a clean and simple user interface that is accessible for all users.
Why Fantom?
Fantom's Sonic upgrade has changed the game in terms of blockchain efficiency--allowing for a transaction speed and depth heretofore unseen in the crypto space. SHADOW's ultra efficient liquidity implementation pairs perfectly with Fantom Sonic's enhanced capabilities, unlocking the full potential of the blockchain for high frequency trading and other financial applications that require the highest levels of speed and efficiency. SHADOW is uniquely situated to provide an ultra high efficiency concentrated liquidity medium to Fantom Sonic, meeting the needs of sophisticated traders and retail users alike in an unparalleled manner.
The SHADOW team is made up of technology and finance professionals with deep roots in decentralized finance and the Fantom ecosystem, staying loyal and connected to the Fantom community throughout the crypto market cycles. SHADOW is committed to fostering, collaborating and growing the Fantom Sonic community.
Our Partners:
SHADOW aims to align with the community's preferences by distributing voting power to protocols that have actively contributed to the development and improvement of the Fantom ecosystem. These protocols, which we believe will continue to generate value in the future, encompass various categories such as yield aggregators, money markets, swap aggregators, blockchain games, distributed AI, novel defi products and more. This distribution of voting power serves as a recognition of their efforts and encourages ongoing collaboration within the ecosystem.
x(3,3) Fundamentals:
Andre Cronje's seminal Fantom defi primitive Solidly introduced a novel ve(3,3) concept to the traditional defi model, incorporating elements of game theory alongside an anti-dilution mechanism (aka "rebase" ) and high efficiency swap curves. This unique set of attributes combines to create a continuous flywheel allowing for sustainability in both tokenomics and user retention.
SHADOW builds upon Mr. Cronje's work with novel tokenomics and a unique x(3,3) implementation designed to further enhance the user experience and sustainability of the model. This system takes a user first approach by incorporating exit mechanisms, removing locks and any friction from liquidity providers.
xSHADOW is not subject to four-year locks, instead vests over with the option to instantly exit for a penalty. Early exits and conversions are all streamed back to xSHADOW holders in real-time. xSHADOW earns from protocol swap fees, bribes, early exits and conversions. Adding exit mechanisms allows the x(3,3) flywheel to not accumulate dead voting power (PVP Rebase).
x(3,3) also takes a proactive approach to ecosystem health with dual-token emissions split in SHADOW & xSHADOW.
https://docs.shadowdex.fi/introduction-to-shadow/what-is-shadow