Skydrome
  • Introduction
    • ☁️Skydrome
      • ✍️Core Principles
    • 📜Why Scroll ?
  • Features
    • ✳️Protocol Overview
      • Understanding the ve(3,3) Mechanics
      • Extended Emission Decay
      • Aligning Rewards with Emissions
      • SKY Gauges
    • 🚀Launch Details
      • Getting Ready
      • Bridging
      • Incentivized Testnet Campaign
      • Skydrome Pilot Discord Role
    • ⛏️Pre-mining campaign
    • 🌊Liquidity Pools
      • Fees
      • Stable Pools
      • Variable Pools
      • Skydrome Withdraw Liquidity Tutorial
    • 🪙Tokenomics and Emissions
      • Protocol Revenue
      • $SKY Gauges
      • $veSKY Voting
  • Ecosystem
  • 🤝Skydrome Partners
  • Security
    • 🛡️Security Overview
    • 📄Contract Addresses
    • 🗂️Privacy Policy
    • ⚖️Legal Disclaimer
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  1. Features

Liquidity Pools

PreviousPre-mining campaignNextFees

Last updated 1 year ago

At its essence, Skydrome empowers users to exchange digital assets securely, benefiting from minimal fees and reduced slippage. Slippage refers to the gap between an asset's prevailing market value and the rate at which the trade materializes. Such discrepancies might lead to either a slightly higher cost (yielding fewer tokens) or a lesser cost (yielding more tokens) from a transaction. For optimal market rates, we've categorized assets into:

  • Correlated assets - think of stable coins like $USDC, $USDT, and so on.

  • Uncorrelated assets - such as $ETH and $SKY.

Skydrome presents two tailored liquidity pools to cater to specific token pairing requirements: Stable Pools and Variable Pools. Our protocol's routing mechanism assesses both pool categories to pinpoint the most cost-effective quotation and trading pathway. To safeguard against abrupt flashloan breaches, the router employs 30-minute TWAPs (time-weighted average prices). Furthermore, this router is self-reliant, needing no external intervention. A pool's liquidity depth (or higher value secured) is inversely proportional to its slippage, meaning deeper liquidity leads to lower slippage.

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Skydrome Swap Interface