Plenty is a decentralized exchange on Tezos that offers a seamless trading experience. Users can trade, earn, govern and build on the platform. Plenty features both stable and volatile liquidity pools, enables near-zero slippage trades and easy bridging from Ethereum and Polygon.
The goal of the new Plenty is to better align emission of tokens to beneficial actions and solve the problem with current AMM designs where liquidity provision is temporarily subsidized while fee generation -the more sustainable incentives-generating mechanism- is not.
The Plenty DEX requires modifications to make it easy for other protocols to leverage them:
- Must be able to easily add token incentives to liquidity.
- Must be able to easily bribe token emissions onto liquidity.
- Must be able to accrue fees from incentivized liquidity.
- Must be able to permissionlessly deploy liquidity.