Our Mission

Introduction

At the heart of the WAGMI protocol lies a commitment to revolutionize decentralized finance (DeFi) by providing secure, robust, and innovative products that make DeFi more accessible and user-friendly.

Empowering Liquidity Management

The WAGMI protocol operates as a limited TVL decentralized exchange where managing liquidity is paramount:

  • User-Friendly Interface: Users can easily navigate through various pools to find the best yields without compromising the security of their assets.

  • Sophisticated Strategies: Our advanced liquidity management strategy ensures meticulously chosen price ranges across all pools, promoting stability and growth.

Continuous Adaptation and Optimization

WAGMI is designed to respond dynamically to changing market conditions:

  • Market Monitoring: Constantly monitors market conditions to adapt strategies effectively.

  • Auto-Rebalance Mechanism: Fine-tunes strategy settings to ensure optimal rewards, even amidst market fluctuations.

  • Secure Positions: Maintains users' positions within predefined price bounds to safeguard investments.

GMI: Gateway to Multi-Pools

GMI introduces a dynamic and diversified ecosystem within the DeFi landscape:

  • Dynamic Pooling: GMI acts as a dynamic pool that houses multiple multi-pools, each consisting of several V3 pools.

  • Token Acquisition: Users can acquire GMI using any WLP token supported by the GMI system.

  • Fee Earnings: By holding GMI, users earn fees from all multi-pools within the GMI framework.

Shared yield

GMI not only serves as a diversification tool but also fosters a sense of collective success:

  • Yield Distribution: Yield generated from multi-pools within GMI are distributed among GMI holders based on their individual GMI share.

  • Collective Growth: The success of one contributes to the progress of the entire ecosystem, driving it forward.

Leverage

Wagmi provides a leverage facility built on concentrated liquidity technology, designed to cater to two main participant groups: liquidity providers and traders.

Liquidity Providers (LPs):

Wagmi enhances yields for Version 3 (V3) liquidity providers by mitigating impermanent loss. LPs can continue to earn yields even when their liquidity position is out of range.

Traders:

On Wagmi, traders can go long or short on any pair without the risk of forced, price-based liquidations. If a trader's position goes underwater, they are only required to pay premiums to LPs to maintain their position.

Deployment History

  • Initial Launch on Zksync Era Mainnet: The initial implementation of the WAGMI protocol focused on introducing CLAMM capabilities. This foundational launch took place on the Zksync Era mainnet.

  • Fantom Opera: Shortly after the initial launch, the protocol was deployed on Fantom Opera.

  • Kava: The deployment on Kava introduced enhanced features, including advanced liquidity provision strategies and GMI mechanics.

  • Metis: The most recent update was on Metis, where the protocol was re-launched with a revamped user interface and expanded leverage capabilities.

Future Plans

  • Expansion via Omni Layer: Looking forward, the WAGMI protocol is set to be deployed on additional blockchain networks through the omni layer. This expansion will facilitate greater decentralization and accessibility, aligning with the protocol's strategic goals.

Last updated