Sigmadex introduced article for bringing newcomers into DeFi regardless of skill or experience.
Sigmadex is being built to be user-friendly and approachable through the use of numerous practical data sets. These data sets showcase users the most important information they need to know when locking up their liquidity or executing on swaps. This data coupled with game theory infused penalty and rewards system will provide the best possible DeFi experience for newcomers.
Aimed at retail investors
When a technological concept breaks through the barriers of popular culture’s understanding the outcomes are endless. In order for amazing things to happen the concept must be clear, concise, and approachable for every user regardless of skill or knowledge.
Imagine yourself as a newcomer to DeFi, what sort of knowledge might you possess? What have you heard about DeFi or cryptocurrency? There’s a lot to know in order to make the best possible decision for your capital. The development of Sigmadex has been seen through the lens of retail investors of all levels in order to be as useful and advantageous as possible. Their careful and conscious approach to creating Sigmadex is time-consuming and requires meticulous planning and patience. The importance of making the on-boarding process simple for people moving from fiat currency to cryptocurrency is one of top priorities.
The Sigmadex protocol is built to make it easy for any type of individual to enter into the DeFi space with a stable foundational layer of time-locked liquidity. Retail investors can finally enter the market knowing that their liquidity won’t vanish the following day as seen on other solutions like Uniswap.
The Sigmadex user interface features powerful and reliable data sets that show users exactly how much liquidity is locked up for any asset of their choosing. They aim to provide stable and safe opportunities for users to stake their money by penalizing those who remove their liquidity prematurely.
Unlike other platforms, Sigmadex users will have access to valuable data-driven insight that provides critical information users will need to supply liquidity to enter into the market safely. Following the intuitive nature of how an individual would stake their liquidity on Sigmadex for the first time allows us to create an accurate and useful bridge into DeFi.
The total amount of liquidity + locked liquidity for assets as well as the fluctuations within those amounts are the first pieces of data Sigmadex users will see. In addition, there are many other valuable data points concerning the state of contracts for any particular asset.
Paving the way for new projects
The coupling of valuable data sets and time-locking liquidity will be a game-changing combination that benefits everyone involved. It can also pave the way for emerging projects as new tokens are constantly being created. These new projects will be able to sustain themselves if the liquidity for their token is locked up until a stable market can emerge.
Imagine if new projects could launch where the liquidity of their token is no longer in a fragile state but instead has vested liquidity. A solid foundation of initial guaranteed capital could bolster the market like never before.
What is Sigmadex?
Sigmadex liquidity mining can be viewed as an optimized version of a mutual fund. In this case, individuals are offered the chance to supply liquidity for digital assets as their investment vehicle. This differs from a mutual fund in that the penalties for removing liquidity prematurely as well as the transaction fees earned from supplying liquidity during the stake are shared with the community upon their maturity. Penalties are pooled and distributed to individuals who do not prematurely remove their liquidity.
- The investment serves a purpose (adds liquidity to the ecosystem)
- The digital assets are being put to use (transaction fees)
- Penalties are distributed to individuals whose contracts reach full maturity