Mission
Eslabon was launched with the mission of providing a cutting-edge decentralized exchange that meets all of the requirements of retail users investing in crypto currencies.
Eslabon upholds four important pillars that contribute to the evolution of user experience in DeFi:
Stability
Our goal is to provide users with a stable and functional application that allows them to manage their cryptocurrency portfolios and incentivises them to supply liquidity to farms and pools by rewarding them with $ESLB tokens. Tokens rewarded are split 50/50 between $ESLB and Vested $ESLB, with Vested $ESLB vesting linearly into $ESLB over a few month period, with a percent of vesting tokens unlocked monthly.
User Experience
One of our primary objectives is to enhance the user experience in comparison to existing DEXs. Traditionally in DeFi, users have to rely on external or 3rd party tools outside of a decentralized exchange in order to monitor value of liquidity pairs, impermanent loss, and total locked value.
Eslabon provides users with real-time statistics of these, as well as historical data that shows asset development.
Another feature that sets us apart from the rest, is the possibility for users to conduct transactions without using any gas (setting up a Kadena faucet) . In addition, we will have a native auto-compounding feature that allows you to immediately compound the earnings from the farms to the same LP pair. Manual conversion will be no longer necessary.
Security is an important concern for any DEX. Many platforms have failed due to inadequate or non-existent security; Flash Loans, DDOS attacks, Exploits due to unoptimised redeem functions, or tokens crashing due to orchestrated Pump & Dumps. We intend to build a safe ecosystem around our own token $ESLB, and at the same time, to become a safe environment for projects who would like to provide their liquidity to us in order for the investors to be able to buy and sell their tokens on the platform.
Eslabon DEX is equipped with Anti-Whale mechanisms to prevent whales from accumulating a large percentage of the total supply and subsequently dumping on the community at any point of time. This is especially useful when introducing new digital assets on our DEX, as only a maximum of 0.5 percent of the entire token supply may be sold per wallet each day. In addition to the anti-whale function, we will make an effort to limit the advantages bots have. It is rather common for bots to snipe a big percentage of the overall supply and then dump it.
Sustainability
We are continuously trying to ensure that Eslabon keeps up to the latest emerging trends and needs in DeFi. As a result, we are initially launching our platform on the Kadena Chain, with the intention to launch on many more next. Our objective is to provide a seamless experience by enabling cross-chain interoperability on all major Blockchains on which our next-gen DEX is operating.
We also want to provide a sustainable launchpad for new projects, by funding and promoting them through our Launchpad, providing a platform for emerging, relevant crypto projects to get started.
Last updated