First AMM/DEX that allows you to earn through trading! (Up to 120% of fees rebated)
After the recent fiasco on 1st October, where the $FINS token experienced huge volatility, the AutoShark team had a huddle with our trusted auditor WatchPug, to re-assess our trade mining feature.
The biggest question on our mind: How are we able to still reward traders on our platform, while preventing events resulting in large-scale volatility of our native token?
An accelerated use of trade mining features in most decentralized exchanges results in larger than expected quantities of native tokens being minted in an instant (mostly due to flash loans), and those are subsequently dumped for profits. Our team thus came up with an idea for a new trade mining protocol with a focus on security and innovation. We wanted to push the boundaries for what people already know about trading: either you incur a loss up-front (due to trading fees), or you manage to make a trade with no loss (due to fee rebates)