Wavelength
the most anticipated launch on Velas

The most advanced AMM on Velas entirely community owned and managed.

Featured pools
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Roadmap
Overall progress:
75
%
Phase I

In Phase I, introduce veWAVE, the platform's future governance token.

Governance (veWAVE)

Governance Voting for Community Decisions will be opened as a bi-weekly gauge voting for over 30% of total emissions.

A fee distribution system will be implemented for veWAVE holders.

TBA
75
% done
Phase II

In Phase II, introduce the ability to place limit orders on-chain via the Wavelength protocol, as well as the launch of the Linear Pools Integrated with the receipts of lenders of the upcoming Amalgam lending platform.

Linear Pools

Linear Pools will allow  users to collect yield from a lending platform and the Wavelength DEX while improving the Wavelength Platform's capital efficiency.

TBA
50
% done

Limit Orders

Implementing Limit Orders will allow users to set Buy and Sell orders on the WaveLength platform. The goal here is to improve the User Experience (UX) for Wavelength users and thus further solidify its user base.

TBA
70
% done
Phase III

In Phase III, Wavelength aims to provide Concentrated Liquidity Pools on the Wavelength platform, bringing a more robust offering for traders and liquidity providers.

StableSwapV2

Wavelength stable swap will be overhauled to improve its efficacy, enhancing capital efficiency by reducing liquidity requirements for low slippage trading allowing for greater utilization of the Wavelength pools.

H2 2023
50
% done

Concentrated Liquidity Pools

Concentrated Liquidity Pools allow for lower slippage for variable exchange rate token trading while allowing users to choose which ranges they want to be exposed to Impermanent Loss and collect higher yields when their LPs are active and used for trading.

H2 2023
70
% done
Tokenomics
Token Allocation
%
Token Amount
Pre-Minted Tokens
Vesting
Velas Contributors
1%
100,000
100,000
n/a
Team
8%
800,000
800,000
19 mo
Treasury
9%
900,000
50,000
n/a
Advisors
5%
500,000
500,000
12 mo
Early Contributors
9%
900,000
900,000
6 mo
Liquidity Providers
60%
6,000,000
0
n/a
Ecosystem Fund
8%
800,000
800,000
6 mo
Total
100%
10,000,000
/
Token Allocation
%
Token Amount
Pre-Minted Tokens
Lockup
Vesting
Velas Contributors
1%
100,000
100,000
n/a
Team
8%
800,000
800,000
19 mo
Treasury
9%
900,000
50,000
n/a
Advisors
5%
500,000
500,000
12 mo
Early Contributors
9%
900,000
900,000
6 mo
Liquidity Providers
60%
6,000,000
0
n/a
Ecosystem Fund
8%
800,000
800,000
6 mo
Token Allocation
%
Token Amount
Round Date
Amount Raised
Vesting
Velas Contributors
1%
100,000
100,000
n/a
Team
8%
800,000
800,000
19 mo
Treasury
9%
900,000
50,000
n/a
Advisors
5%
500,000
500,000
12 mo
Early Contributors
9%
900,000
900,000
6 mo
Liquidity Providers
60%
6,000,000
0
n/a
Ecosystem Fund
8%
800,000
800,000
6 mo
FAQ
What is Wavelength?

Wavelength is a next-generation AMM (Automated Market Maker) on the Velas Network, built on BalancerV2's ingenious system. Wavelength allows for low-slippage trading through highly efficient customizable liquidity pools aimed at revolutionizing Defi on Velas and modernizing the ecosystem.

What are Weighted Pools ?

Weighted Pools are Liquidity Pools that take in up to eight tokens instead of the standard two. These have set percentages that each asset should always represent. Arbitrageurs are responsible for rebalancing the pools as arbitrage opportunities exist whenever the pool becomes unbalanced.

What is veWAVE

veWAVE NFTs are the Governance Tokens of the Wavelength Protocol, they entitle holders of the NFTs to governance and gauge voting and fee distributions from the protocol's revenue.

What is different about Wavelength?

Wavelength is NOT a traditional AMM. An array of features that separate Wavelength from conventional AMMs and other protocols on Velas. These include: Weighted Pools; Stable Pools; Smart Order Router (SOR).

What is the Smart Order Router (SOR)

The Smart Order Router is the automatic system of routing orders that finds the best possible prices. It is what allows Wavelength to offer its users a low slippage trading experience even in scenarios of less-than-optimal liquidity conditions.

Have the Wavelength contracts been audited?

Yes! Chainsulting, a well-known company in Web3 cybersecurity, audited Wavelength’s code. The contracts are safe for you to interact with.

All FAQs
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