WEMIX PLAY Swap/Pool Begins.
06 Dec 2022, 15:24
WEMIX PLAY Swap/Pool Begins
Currently 21 game tokens are being actively traded on WEMIX PLAY, making up healthy liquidity for the ecosystem. The main form of trading on WEMIX PLAY currently is through the order book, and the medium of exchange is pWEMIX(FKA WEMIX credit).
There are two inconveniences when using the pWEMIX-based orderbook DEX available currently on WEMIX PLAY.
First is associated with the price volatility of pWEMIX. If there is a price variance of pWEMIX, all previously listed game tokens must undergo revaluation and be relisted with new Buy/Sell order prices which reflects the correct trade value.
Secondly, it is relatively more difficult to carry out transactions on an order book-based DEX. Transactions are not completed if a new sell order at a lower price is placed. Under such circumstances, one must remove the initial sell order and apply a lower price for token transaction to be executed. This mechanism also hinders buyers in the same way, and therefore, users are expected to manually monitor their BUY/SELL order prices to effectively transact tokens through the WEMIX PLAY order book DEX.
In order to resolve such difficulties associated with token trading on WEMIX PLAY, the Swap/Pool service will be implemented.
Each of the game tokens on WEMIX PLAY will form an individual swap pool paired with pWEMIX$, and users can immediately swap between the pairs according to the ratio of the asset pairs. Since pWEMIX$ is used as a medium of transaction, users and game tokens are unaffected by the price volatility of WEMIX, and pWEMIX$ which reflects market price in real-time enables more convenient transactions which leads to enhanced user experience.
Furthermore, by participating as an LP(Liquidity Provider) depositing game tokens and pWEMIX$ into swap pools, participants are able to earn a 60% share of the 1.5% transaction fee which formulates to 0.9%. However, it is important to take into consideration that the ratio of initially deposited assets may change due to the nature of swap pools, and impermanent loss is a potential risk factor for all participants.
In the case where a particular game’s tokenomics becomes unstable, there is a likelihood of one-way swap transactions to take place. In such a scenario, pWEMIX$ volume within that pair pool may be significantly reduced and result in a disproportionate state. To compensate for these situations, order book DEX on WEMIX PLAY will operate parallel to the WEMIX Play Swap.
Prepare for the new dynamic and convenient GameFi experience offered through the WEMIX PLAY Swap/Pool available on Tuesday, December 13th.
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206 Dec 2022, 15:24
WEMIX PLAY 스왑이 시작합니다
위믹스플레이는 현재 21개의 게임토큰들이 활발하게 거래되며 생태계의 유동성을 구성하고 있습니다. 이들의 주요 거래 방식은 오더북이고, 그 거래의 수단은 pWEMIX(구, Wemix Credit)입니다.
pWEMIX 기반의 오더북 DEX는 두 가지 불편한 점이 있습니다.
첫째는, pWEMIX의 변동성입니다. pWEMIX의 큰 시세변화가 올 때, 거래대기 중인 게임토큰의 희망 매수가격/매도가격을 자신들이 원했던 기대수익과 기대비용에 맞춰 다시 변경해야 합니다. 둘째는, 거래체결이 상대적으로 어렵습니다. 탈중앙화된 오더북 DEX에서 희망 매도가를 설정하여 등록을 해놨을 경우, 더 낮은 매도가격의 판매물량이 출현하게 되면 체결이 되지 않습니다. 이는 토큰 매입 시에도 마찬가지이며, 이 때문에 항상 호가창을 보면서 매수/매도 주문을 갱신해야 하는 불편함이 있습니다.
이러한 불편함을 해소하고자 WEMIX PLAY에서 SWAP/POOL 서비스를 시작합니다.
모든 게임토큰은 pWEMIX$와 거래쌍을 이루고 교환비에 따라 즉시 교환이 가능합니다. pWEMIX$를 거래의 수단(medium of transaction)으로 삼기 때문에 위믹스의 변동성에서 자유롭고, 시장가격이라고 불리는 TOKEN/pWEMIX$의 교환비에 근거한 즉시 거래는 편리함을 향상시킵니다.
또한, 보유한 게임토큰과 pWEMIX$를 풀(Pool)에 예치하면 거래수수료 1.5%의 60%인 0.9%P를 LP수수료로 받아 자산을 늘릴 수 있습니다. 단, 이 경우 최초 예치시 비율로부터 변경되는 자산구성의 변화가 일어날 수 있고, 비영구적 손실이 발생할 수 있음을 주의해 주세요.
특정 게임토큰의 토크노믹스가 불안정할 때에는 교환비가 극단적인 비대칭을 유발해 drain이라 불리는 pWEMIX$의 소진 현상이 발생하면 더 이상 교환이 이루어지지 않기 때문에, 이를 보완해주는 WEMIX PLAY의 오더북 DEX는 병행 운영됩니다.
12월 13일(화)부터 시작되는 WEMIX PLAY의 SWAP/POOL을 통해 더욱 다양하고 편리한 GameFi 경험을 즐겨 보세요.
WEMIX PLAY 스왑이 시작합니다. 위믹스플레이는 현재 21개의 게임토큰들이 활발하게 거래되며 생태계의 유동성을 구성하고 있습니다.
WEMIX PLAY 스왑이 시작합니다
위믹스플레이는 현재 21개의 게임토큰들이 활발하게 거래되며 생태계의 유동성을 구성하고 있습니다. 이들의 주요 거래 방식은 오더북이고, 그 거래의 수단은 pWEMIX(구, Wemix Credit)입니다.
pWEMIX 기반의 오더북 DEX는 두 가지 불편한 점이 있습니다.
첫째는, pWEMIX의 변동성입니다. pWEMIX의 큰 시세변화가 올 때, 거래대기 중인 게임토큰의 희망 매수가격/매도가격을 자신들이 원했던 기대수익과 기대비용에 맞춰 다시 변경해야 합니다. 둘째는, 거래체결이 상대적으로 어렵습니다. 탈중앙화된 오더북 DEX에서 희망 매도가를 설정하여 등록을 해놨을 경우, 더 낮은 매도가격의 판매물량이 출현하게 되면 체결이 되지 않습니다. 이는 토큰 매입 시에도 마찬가지이며, 이 때문에 항상 호가창을 보면서 매수/매도 주문을 갱신해야 하는 불편함이 있습니다.
이러한 불편함을 해소하고자 WEMIX PLAY에서 SWAP/POOL 서비스를 시작합니다.
모든 게임토큰은 pWEMIX$와 거래쌍을 이루고 교환비에 따라 즉시 교환이 가능합니다. pWEMIX$를 거래의 수단(medium of transaction)으로 삼기 때문에 위믹스의 변동성에서 자유롭고, 시장가격이라고 불리는 TOKEN/pWEMIX$의 교환비에 근거한 즉시 거래는 편리함을 향상시킵니다.
또한, 보유한 게임토큰과 pWEMIX$를 풀(Pool)에 예치하면 거래수수료 1.5%의 60%인 0.9%P를 LP수수료로 받아 자산을 늘릴 수 있습니다. 단, 이 경우 최초 예치시 비율로부터 변경되는 자산구성의 변화가 일어날 수 있고, 비영구적 손실이 발생할 수 있음을 주의해 주세요.
특정 게임토큰의 토크노믹스가 불안정할 때에는 교환비가 극단적인 비대칭을 유발해 drain이라 불리는 pWEMIX$의 소진 현상이 발생하면 더 이상 교환이 이루어지지 않기 때문에, 이를 보완해주는 WEMIX PLAY의 오더북 DEX는 병행 운영됩니다.
12월 13일(화)부터 시작되는 WEMIX PLAY의 SWAP/POOL을 통해 더욱 다양하고 편리한 GameFi 경험을 즐겨 보세요.
06 Dec 2022, 15:24
WEMIX PLAY Swap/Pool Begins
Currently 21 game tokens are being actively traded on WEMIX PLAY, making up healthy liquidity for the ecosystem. The main form of trading on WEMIX PLAY currently is through the order book, and the medium of exchange is pWEMIX(FKA WEMIX credit).
There are two inconveniences when using the pWEMIX-based orderbook DEX available currently on WEMIX PLAY.
First is associated with the price volatility of pWEMIX. If there is a price variance of pWEMIX, all previously listed game tokens must undergo revaluation and be relisted with new Buy/Sell order prices which reflects the correct trade value.
Secondly, it is relatively more difficult to carry out transactions on an order book-based DEX. Transactions are not completed if a new sell order at a lower price is placed. Under such circumstances, one must remove the initial sell order and apply a lower price for token transaction to be executed. This mechanism also hinders buyers in the same way, and therefore, users are expected to manually monitor their BUY/SELL order prices to effectively transact tokens through the WEMIX PLAY order book DEX.
In order to resolve such difficulties associated with token trading on WEMIX PLAY, the Swap/Pool service will be implemented.
Each of the game tokens on WEMIX PLAY will form an individual swap pool paired with pWEMIX$, and users can immediately swap between the pairs according to the ratio of the asset pairs. Since pWEMIX$ is used as a medium of transaction, users and game tokens are unaffected by the price volatility of WEMIX, and pWEMIX$ which reflects market price in real-time enables more convenient transactions which leads to enhanced user experience.
Furthermore, by participating as an LP(Liquidity Provider) depositing game tokens and pWEMIX$ into swap pools, participants are able to earn a 60% share of the 1.5% transaction fee which formulates to 0.9%. However, it is important to take into consideration that the ratio of initially deposited assets may change due to the nature of swap pools, and impermanent loss is a potential risk factor for all participants.
In the case where a particular game’s tokenomics becomes unstable, there is a likelihood of one-way swap transactions to take place. In such a scenario, pWEMIX$ volume within that pair pool may be significantly reduced and result in a disproportionate state. To compensate for these situations, order book DEX on WEMIX PLAY will operate parallel to the WEMIX Play Swap.
Prepare for the new dynamic and convenient GameFi experience offered through the WEMIX PLAY Swap/Pool available on Tuesday, December 13th.
WEMIX PLAY Swap/Pool Begins.
WEMIX PLAY Swap/Pool Begins
Currently 21 game tokens are being actively traded on WEMIX PLAY, making up healthy liquidity for the ecosystem. The main form of trading on WEMIX PLAY currently is through the order book, and the medium of exchange is pWEMIX(FKA WEMIX credit).
There are two inconveniences when using the pWEMIX-based orderbook DEX available currently on WEMIX PLAY.
First is associated with the price volatility of pWEMIX. If there is a price variance of pWEMIX, all previously listed game tokens must undergo revaluation and be relisted with new Buy/Sell order prices which reflects the correct trade value.
Secondly, it is relatively more difficult to carry out transactions on an order book-based DEX. Transactions are not completed if a new sell order at a lower price is placed. Under such circumstances, one must remove the initial sell order and apply a lower price for token transaction to be executed. This mechanism also hinders buyers in the same way, and therefore, users are expected to manually monitor their BUY/SELL order prices to effectively transact tokens through the WEMIX PLAY order book DEX.
In order to resolve such difficulties associated with token trading on WEMIX PLAY, the Swap/Pool service will be implemented.
Each of the game tokens on WEMIX PLAY will form an individual swap pool paired with pWEMIX$, and users can immediately swap between the pairs according to the ratio of the asset pairs. Since pWEMIX$ is used as a medium of transaction, users and game tokens are unaffected by the price volatility of WEMIX, and pWEMIX$ which reflects market price in real-time enables more convenient transactions which leads to enhanced user experience.
Furthermore, by participating as an LP(Liquidity Provider) depositing game tokens and pWEMIX$ into swap pools, participants are able to earn a 60% share of the 1.5% transaction fee which formulates to 0.9%. However, it is important to take into consideration that the ratio of initially deposited assets may change due to the nature of swap pools, and impermanent loss is a potential risk factor for all participants.
In the case where a particular game’s tokenomics becomes unstable, there is a likelihood of one-way swap transactions to take place. In such a scenario, pWEMIX$ volume within that pair pool may be significantly reduced and result in a disproportionate state. To compensate for these situations, order book DEX on WEMIX PLAY will operate parallel to the WEMIX Play Swap.
Prepare for the new dynamic and convenient GameFi experience offered through the WEMIX PLAY Swap/Pool available on Tuesday, December 13th.