71 lines
4.1 KiB
Markdown
71 lines
4.1 KiB
Markdown
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# ThreeFold Liquidity Pool
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The Threefold Liquidity Pool concept represents a significant advancement over traditional liquidity pools, particularly those known as Automatic Market Makers (AMMs). This system is designed to offer a more sophisticated and transparent approach to our token liquidity management, with several unique features:
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**Advanced Digital Accounting System**
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- Unlike typical AMMs, the ThreeFold Liquidity Pool incorporates a full digital accounting system secured by blockchain technology.
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- This ensures that all transactions are accurately recorded and transparently reflected in the accounts of all participants.
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**GOLD-Centric Pairs**
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- Our liquidity pool pair GOLD with either INCA or a FIAT currency (e.g., CHF, EUR).
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- This approach ensures that GOLD remains a central and stable element in all transactions, providing a reliable store of value and reducing volatility.
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**Transparent Pool Rules**
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- The rules governing each pool are fully transparent and accessible to all participants.
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- These include the distribution percentages between GOLD and INCA, the spread, and other key parameters.
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- This transparency helps maintain trust and fairness within the ecosystem.
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**Private, Registered Participants**
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- Each participant in a pool is registered with a private record that details their holdings (e.g., Mr. X has 100 gram of Gold and 10,000 TFT).
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- This system ensures that transactions are securely tracked and that each participant's share of the pool is accurately accounted for.
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**Reflective Transaction Mechanism**
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- For every transaction within the pool, participants’ accounts are adjusted accordingly.
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- For example, if 1M of TFT is sold for gold and Mr. X holds 5% of the TFT pool, his account is updated to reflect a 5% reduction in TFT and a corresponding increase in his gold holdings, adjusted by the transaction spread (the margin).
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**Optional Lockup Rules**
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- Pools can optionally include lockup periods during which participants cannot withdraw their assets.
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- These periods can be linked to value acceleration mechanisms, incentivizing long-term participation and protecting against market manipulation, such as front-running.
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**Customizable Price Limits**
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- Participants can set minimum selling prices or maximum buying prices for their assets TFT or INCA.
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- These settings can remain private unless the pool's rules require public aggregation.
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- If no specific price is set, default values established by pool administrators are applied.
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**Aggregate Transaction Statistics**
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- The system provides aggregated daily statistics on transactions, offering participants insights without compromising privacy.
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- This information includes the default buy/sell prices, helping guide market activity while ensuring that individual transactions remain confidential.
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**Fair and Transparent Participation**
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- The system is designed to be fair and transparent, adjusting each participant's position in the pool relative to their entry time and participation level.
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- This dynamic adjustment over time ensures that the system remains equitable and reflective of each participant’s contribution.
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**Liquidity Optimization**
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- While the system rewards liquidity providers and maximizes liquidity availability, it does not guarantee it.
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- In cases where liquidity is insufficient, participants cannot execute trades until liquidity returns.
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- However, they can still place requests in the pool, ensuring that their needs are met over time as liquidity improves.
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**Participation in Liquidity Pool Defines the Discount on the TFGrid**
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- The pricing engine for the marketplace will use the position of the user in the Liquidity Pool to define discount level, this means the more someone is vested in the ecosystem the more the discount will be.
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### Link To Digital Asset Exchange in OurWorld Digital FreeZone
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The mother company of ThreeFold is a holding company called OurWorld.
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OurWorld also owns a Digital Freezone in which a lot of digital assets will be traded. The Liquidity Pool concept described above comes from there and ThreeFold (INCA) is one of the tokens traded on the OurWorld Digital Exchange.
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