Penalty & Reward System for Liquidity Miners
A smarter way to transfer value
Sigmadex is a decentralized, cross-chain, and multi asset marketplace governed by its community.
NFT Enhanced
UTILITY FOCUSED
Early protocol adopters will have the opportunity to farm a limited amount of NFTs for use with the Sigmadex Protocol. These powerful tokens have the ability to override the standard parameters of the penalty/reward system and can provide holders with incredibly valuable one off benefits.
For Developers - SDEX.js
SDEX.js is the native JavaScript library which allows developers to build robust DeFi applications on top of the Sigmadex Protocol. The library allows simple interfacing with the Sigmadex smart contracts while enabling developers to seamlessly integrate further functionality into their applications.
const SigmaSDK = require('@sdexjs/sdk').SDK;
const settings = {
// Required when interacting with the bsc
mainnet
bscNodeEndpoint: '<node endpoint>',
};
let SigmaSDK = await SigmaSDK.create(settings);
// Set source to DAI
const srcToken = {
blockchainType: 'bsc',
blockchainId: '0x1af3f329e8be154074d8769d1ffa4ee058b1dbc3'
};_
const settings = {
// Required when interacting with the bsc
mainnet
bscNodeEndpoint: '<node endpoint>',
};
let SigmaSDK = await SigmaSDK.create(settings);
// Set source to DAI
const srcToken = {
blockchainType: 'bsc',
blockchainId: '0x1af3f329e8be154074d8769d1ffa4ee058b1dbc3'
};_
Goodbye Impermanent Loss
Sigmadex mitigates impermanent losses, enabling more capital to flow into liquidity pools by using adaptive mathematical models. This creates appropriate incentives for balancing the SDEX ecosystem long term.
NFT Enhanced
Protocol adopters have the opportunity to acquire NFTs through farming and other special events for use on Sigmadex in various ways. These powerful non fungible tokens have the ability to override the standard parameters of penalty/reward pools and can provide holders with invaluable one off benefits.
How It Works
1st
Step 1: Acquire Tokens
Liquidity pools and farming contracts require the staking of assets. The Sigmadex native token or other assets can be paired together depending on the desired opportunity.
Step 2: Lock Assets
Supply your tokens on Sigmadex and set the maturity date for your contract. Longer the stake the more rewards can be earned.
3rd
Step 3: Stand By
Allow sufficient time for your liquidity or stake to generate rewards through inflation, penalty pool rewards and NFTs.
4th
Step 4: Earn Rewards
Collect rewards after your contract matures, the protocol auto compounds to maximize reward output.
About SDEX
What is the SDEX token?
Sigmadex (SDEX) is an ERC-20 asset that empowers community governance of the Sigmadex protocol operating on the Avalanche network. SDEX token-holders themselves or elected delegates can discuss, debate, propose and vote on all changes or enhancements to the protocol using the token. SDEX is used as a staking token for minting NFTs and can also serve as collateral for its mathematically driven smart contracts to create further rewards through supply inflation.
Can I stake SDEX?
Staking allows SDEX to be passively earned through SigmaFi Smart Contracts. By staking your SDEX with Sigmadex, you receive sSDEX (staked SDEX) in return at an even 1:1 ratio. After that, your sSDEX balance will increase or decrease automatically based on the Sigma curve attached to the strategy pool your tokens are deposited into. Rewards are minted based on independent smart contract parameters.
What is the difference between SDEX and sSDEX?
The SDEX token is the liquid form of the Sigmadex native token. It can be bought or sold on either a centralized or decentralized exchange. SDEX can be transformed into sSDEX as ”stakedSDEX” and deposited into SigmaFi Strategy Pools to earn yield or mint protocol NFTs.
The sSDEX token represents SDEX which is locked in the Sigmadex ecosystem. It is an illiquid asset designed to represent a ”staked” status for SDEX which cannot be immediately sold into theopen market. By separating SDEX and sSDEX we are able to govern and balance the protocolaccordingly by having a global perspective on total circulation.
Intuitive interface
The Sigmadex user interface is a fully transparent, easy to use interface, designed specifically for users to harness the multitude of powerful data sets the platform has to offer.
TGE
TBD 2021
Multi-chain
First Iteration
Q1 2022
Second Iteration
Q2-Q3 2022
Third Iteration
2023
Cross-chain
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