Uncover GooseFX's innovative DeFi ecosystem, featuring v2 SSL Pools, a powerful Perps DEX, and a sleek NFT aggregator. Stake GOFX tokens, earn rewards, and join us in reshaping DeFi and NFTs on Solana.
In our past few blogs, we’ve explored a lot of different protocols from Marinade Finance to Meteora. However, the Intern would like to shift the focus to GooseFX for once and take you through what we’ve built in the past year and how our token GOFX is powering this Super app on Solana.
So, without further ado, let’s dive in!
Also, stay tuned till the end if you want to know how our Super App helps you earn super rewards!
SSL (Single Sided Liquidity) V2 Pools
TL;DR Why should you deposit on our Farms? 👇
- Deposit a single asset! to earn yields.
- Over 100% APY across multiple pools like $mSOL, $BONK!
- Our model helps us maximize capital efficiency and yield!
Launched recently, our v2 SSL Pools are the latest addition to GooseFX’s super app! SSL or Single Sided Liquidity Pools allows you to earn yield on your crypto assets by providing liquidity. The catch however is that unlike traditional pools that require you to deposit two assets for providing liquidity, our SSL Pools only require a single asset thus helping you reduce Impermanent Loss!
What are you waiting for? Go to our SSL Pools (GooseFX Farm) and start earning yield!
Currently, we have 5 Pools including SOL, mSOL, BONK, USDC and USDT. These pools are segregated into 3 different types based on their volatility and hence how much return they could provide namely; Stable , Primary and Hyper pools.
These pools are based on a revolutionary in-house AMM Model with a core focus on capital efficiency and maximising yield, enhancing earning potential over time without any extra effort on your part.
Finally, prior to our launch, we had also rolled out an early access for some users. If you were on our WhiteList or held some $BONK tokens, you got a sneak peek before everyone else
For more information about our Single Sided Liquidity Pools, check out GooseFX docs page.
TL;DR Why should you trade on GooseFX Perps DEX?
- Best Fee structure across all Perps DEX on Solana!
- Tight Spreads and High Liquidity!
- We take our Perps DEX security seriously!
- Stand a chance to win amazing prizes with our Raffles!
- Sleek UI!
Our Perps DEX allows you to trade perpetual futures with top-tier spreads and the best fee structures on Solana.
You only have to pay 0.05% Taker Fees on GooseFX as opposed to 0.1% on other protocols
Not only this, you can also earn rebates for Market Making on our DEX and also stand a chance to win some amazing prizes in our weekly trading competitions!
Finally, You can also utilize BuddyLink and refer your friends to our Perps DEX and earn 20% of the taker fees generated by them!
Currently, we only have SOL-Perps however as we grow, we’ll be bringing more markets!
For more information about our Perps Dex, visit GooseFX docs page
Stake Rewards Program
This is where our token $GOFX comes into play. Staking your $GOFX tokens allows you to earn a share of fees generated platform-wide. The fees are collected from a range of our offerings, including our NFT aggregator, our Perps DEX, and single-sided liquidity pools.
Remember the more you stake, the higher your rewards would be!
We’ve also added a 7-Day cooldown period when withdrawing your tokens for a smooth process. It is also to ensure that no other user is affected by any other withdrawals unintentionally.
What's in it for you?
At GooseFX, we place our users at the forefront, striving to create a dApp designed with you in mind.
With that, let's dive into our tokenomics!
We share the revenue generated across all our platforms with you, our valued users. For instance, on our Perps DEX, 50% of the fees generated is distributed to GOFX token stakers. Similarly, when it comes to our NFT Aggregator, 50% of the fees generated also goes to our $GOFX stakers, ultimately earning them USDC by simply staking $GOFX.
Coming onto our v2 SSL Pools is where things get interesting. Here, 7.5% of the total fees generated are allocated to $GOFX stakers, while another 5% is used for our Buyback and Burn program. But that's not all – 7.5% of the fees allocated to Marketing which benefits Market Makers and fuels our Raffle system. Lastly, a generous 50% of the fees generated goes directly to our Liquidity Providers in the v2 Pools!
Across all our products, the majority of the generated fees find their way back to you – our valued users!
We've spent the past year and a half diligently curating the best offerings for any DeFi user and bring the Super App narrative a reality! We've crafted a suite of powerful products, including our innovative v2 SSL Pools, Perps DEX and the NFT Aggregator! We're committed to pushing the boundaries of DeFi and NFTs, and we invite you to join us in this adventure!
Until next time,
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Disclaimer: The statements, proposals, and details above are informational only, and subject to change. We are in early-stage development and may need to change dates, details, or the project as a whole based on the protocol, team, legal or regulatory needs, or due to developments of Solana/Serum. Nothing above should be construed as financial, legal, or investment advice.