What is Dyson Finance?
Dyson Finance is a decentralized exchange (DEX) focused on retail investors. Its unique combination of innovative dynamic automated market makers (AMM) and on-chain dual-currency wealth management provides investors with more efficient trading methods.
Dyson Finance uses decentralized dual investment, which is more efficient in purchasing liquidity from retail investors, thereby eliminating uncertainty in investment returns. Compared to other DEX liquidity providers (LPs), the dual investment model simplifies the operational process, reduces decision-making costs, and improves the predictability of returns. In addition, Dyson Finance also offers higher yields than centralized exchanges (CEX) due to the lack of third-party platform intervention.
Its liquidity pool adopts an advanced version of the constant product market maker, follows the equation xy = k, and adjusts transaction fees in real time. When a trade occurs and there is a spread, dynamic AMM adjusts transaction fees and rebalances the pool, gradually unleashing arbitrage opportunities similar to Dutch auctions. This mechanism effectively prevents the maximization of external value (MEV) robot from taking all profits at once, protecting the fairness of the transaction.
Through dynamic AMM, Dyson Finance not only effectively resists MEV attacks, but also significantly improves the value capture capability of the protocol. According to backtesting data, Dyson Finance can generate transaction fee revenue up to 1.5 times compared to traditional Uniswap.
In Dyson Finance, 50% of the transaction fee revenue earned will be stored in the liquidity pool as Protocol Control Value (PCV), while the other 50% will be deposited in the DAO vault and will be distributed periodically to the pledgers of the $DYSN token in the future.
Dyson Finance provides retail investors with a more efficient and predictable trading platform through innovative dynamic AMM and on-chain dual-currency wealth management. At the same time, its advanced liquidity pool design also effectively protects the fairness of transactions and protocols. Value capture.
Recently, Dyson Finance Pre-Launch held a testnet trading competition: one is the “King of Trading” competition, taking the top 25 with the highest cryptocurrency positions, and the other is the “King of Promotion” competition, taking the most active members. The top 50 rewards.
🚨 Note that the final settlement only takes into account the dollar value of the specified test coins ($DYSN, $WBTC, and $USDC) and does not calculate SP.
SP is a unique mechanism of Dyson Finance. Every time a user joins as a Dyson member, he can get SP through trading and promotion, and SP can be converted into $DYSN
Reward:
🔸 $10,000 USD $DYSN Tokens
🔸Mainnet Tier1 Membership NFTs
🔸 Top 50 Participants
🔸 King of Trading and King of Promotion are ranked separately, with the top ranked in each category earning a Mainnet Tier 1Membership NFT in addition to $DYSN.
Event time: August 14, 2023, 10:00 UTC — August 28, 2023, 09:59 UTC
During the official event, we can make up for the interaction of this project, because it is a testnet event, so it is also zero cost.
II. Interactive processes
- Receive Sepolia testnet tokens
Open the website: https://sepoliafaucet.com/ ; connect your Alchemy account, enter your address and click “Send ETH”.
- Complete the Galaxy Mission to qualify for the competition
There are two tasks in total, join the Discrod channel and follow the Twitter account
After completing the task, you can obtain the Dyson Finance Pass NFT, enter the official website: https://beta-trading-competition.dyson.finance/get-started , and claim the testnet competition tokens. Each participant will receive a fixed number of testnet tokens as starting chips, including 10,000 DYSN, 25,000 USDC and 1 WBTC.
- Obtain testnet membership
Owning a member NFT allows you to maximize your earnings. The first 400 Alpha Sprint winners get exclusive Tier1 NFTs, while others can get NFTs using an invitation code, we can go to the DC channel and ask for one like other contestants, it’s easy.
- Link website to start trading competition
The rules of the game are very simple, just increase the positions of $DYSN, WBTC and USDC, and also provide double currency financial management, DEX trading, pledge and Boosting play.
Open the test site: https://beta.dyson.finance/dual-investment/deposit?mode=lite , go to the link wallet in the upper right corner, switch to the Sepolia testnet.
- Swap transaction
Click the Swap module and complete the WBTC-USDC and DYSN-USDC transaction pairs according to the activity rules. We can first exchange the received DYSN test coins to USDC.
- Pledge
You can get income sDYSN by pledging DYSN. When pledging, you need to fill in the information such as the amount of pledge and the unlock time of pledge. Click Stake to confirm in the wallet.
After completing the pledge, if you want to pledge more tokens or adjust the pledge time in the future, you can adjust it in the pledge management interface.
7、Boosting
(Stake sDYSN for higher returns, click Boosting, find the DYSN/USDC trading pair, click Boost to enter
Pledge a sum of sDYSN to go in, click Unlock token, and confirm it in the wallet.
After completing the pledge, click Withdrow to withdraw the pledge.
8、Claim
Click the Claim module to exchange the obtained SP for DYSN. This acquisition requires joining the membership plan. Therefore, in the previous steps, it is better to take some time to find an invitation code to join, otherwise there will be less interaction process than others.
- Invest (investment)
You can use DYSN or USDC to choose a specific portfolio to invest in: DYSN/USDC, WBTC/USDC, Time Horizon: 1 day, 3 days, 7 days or 30 days. Lockup period selection directly affects the return on investment (ROI) and the amount of SP that can be earned immediately.
- Invitation activities
Click on the Membership module to join the membership program to generate an invitation code. Those who register through the invitation code can enjoy a 33% SP bonus. (Up to three referrals), the more they trade and invite other friends, the more SP you get. SP (from referrals) highest wallet wins!