Introducing Sishi Finance protocol, a first AMM with protocol owned liquidity

Abstract. Sishi Finance is the first automated market maker (AMM) protocol that leverages the protocol-owned liquidity (POL) via a short-term bonding mechanism. The protocol enables a new way to acquire liquidity by offering SISHI tokens to buyers at a discount rate.

Introduction:

Most Defi 1.0 applies simple liquidity mining incentives; liquidity providers (LPs) get rewards for their assets as part of the liquidity pool. However, this creates a problem. The more liquidity gained by protocol, the less rewarding for LP, which leads to two major issues;

In most cases, Liquidity often leaves when incentives are low, and token holders tend to sell the project token. SISHI introduces a new protocol that uses its acquired liquidity by offering $SISHI to buyers at a dynamic discount rate, that way to ensure the balance between supply & demand of SISHI. The POL can use to fund its cutting-edge AMM, where the protocol can adapt the trading fees, not like other AMM.

Key Features:

The following are the key features of Sishi Finance Protocol:

Migration Timeline

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Inspired by Bitcoin, 21 million SISHI designed to be the first Yield-of-Value asset on Binance Smart Chain — Audited By Certik— https://sishi.finance

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Sishi Finance

Inspired by Bitcoin, 21 million SISHI designed to be the first Yield-of-Value asset on Binance Smart Chain — Audited By Certik— https://sishi.finance