Unisave — a decentralized exchange, compatible with Uniswap, that introduced several new features such as automatic mining, no protocol fees, and a self-adapting market maker algorithm. Unisave operates as a public good, and since the community can be driven by mining revenues, there is no longer any need to add protocol fees. Which allows this project to be the 1st DEX without any protocol fees.
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Description of the Unisave project
Unisave — a Uniswap compatible decentralized exchange protocol that has introduced several experimental features.
The main characteristics of the Unisave project:
| 1. | Automatic mining. |
| 2. | No commission. |
| 3. | Self-adapting market maker algorithm. |
Uniswap's biggest problem - its extremely low level of asset efficiency. People can invest their underlying asset in many DeFi aggregators like YFI, DFI and Harvest to generate significant passive income. This income is more and more competitive, compared to the trade fees at Uniswap, and there is no fear of intermittent loss. To solve this problem, the Unisave developers are introducing a mining system. Each Unisave pair can be viewed as an aggregator and invest in a strategy that has no fund management fees like Fortube, DFI, etc.
To improve the trading experience and reduce trades slippage, a new technique, called fictitious liquidity, has appeared. This is liquidity that is not backed up by real assets, but will be used in every swap function.
Additional information about the project
There is no WhitePaper and RoadMap document on the site. Instead, a blog is available on the Medium platform.
The community actively maintains such social networks:
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