KOI FINANCE

April 22, 2024

ZKROLLUP DEFI PLATFORM

Introduction

The Koi platform is one of the major zkRollup DeFi platforms that was created on the zkSync Era platform. This decentralized and community-driven platform allows users to invest and trade, receive yields, and engage in bond transactions all within the same environment. Take use of the safety offered by Ethereum without having to pay excessive gas cost.

These features include:

Limited orders on an AMM-based DEX

AMM curve pools that are stable and normal
The costs for variable LPs are as follows: stable (0.01%-2%), normal (0.01%-10%)
Fixed and Dynamic costs for the protocol
Free of charge for minting LPs.

Settlements from one to three seconds

Gas savings of 95% or more as compared to L1 ETH

Platform for Yield Generation

Debenture Sales

DAO

Monetary Funds

With Koi’s dynamic liquidity pool arrangement, you may use either the Stable or Normal AMM curves, depending on your needs.

A Solid Pool

Assets whose prices fluctuate very little (like USDC/DAI)

A Regular Pool

Things that don’t go hand in hand when traded (like ETH/WBTC).

The same assets can be part of both a Normal pool and a Stable pool. Koi will locate the most cost-effective trade for any form of pool.

The costs associated with each pool are distinct from one another. Lenders can determine the minimum and maximum fees for each pool type:

Solid: 0.01%-2%
Regular: 0.01% to 10%

Solid Pools

It is common practice to keep asset prices in stable pools so that traders can more easily keep an eye on them. Because of this, capital-efficient swaps are possible for deals with a large volume. The trade price stays rather tight once pricing is set for a pool, so be careful to choose the right prices when creating the pool.

Regular Pools

Typically, assets with non-correlated and variable prices are the ones that warrant a normal pool. These groups employ a standard AMM algorithm and are utilized for the majority of trade pairs.

AuthorityThe LP governance and delegation structure is pre-built into Koi. In addition to enabling dynamic fees in any LP pool, this also makes it possible to construct complicated protocols atop the Koi protocol.

The establishment of a pair determines the LP charge for each pool. Depending on the preferences of the LP provider acting as the pool’s developer, these fees can vary from 0.1 percent to 10 percent. All limited partners will be required to pay within the same range of fees as only one fee can be set at any given moment.

An account holding more than 50% of the pool votes can adjust the pool fee according to the LP governance mechanism. In LP, the quantity of tokens has a direct correlation with the number of votes. Nevertheless, LP providers have the option to transfer their “votes” to another provider, which opens the door for parties to seek more delegates and increase their pool weight.

For several reasons, including the fact that the most liquid pool will always be traded relative to its counterparts (lower-liquidity, lower-fee pools), Mute has chosen this design over a multi-fee pool type. Therefore, a governance structure that permits dynamic fees and concentrates liquidity into a single pool is preferable.

Koi Farm Pools

Project Info & Registration

Koi farming pools are a liquidity reward protocol that lets LPs earn APY and participate in the Koi ecosystem. The Koite DAO’s buy back and create system generates platform income and fees, which power amplifier rewards.

The Switch has amplifier pairs for some liquidity pairs but not all. The team and Koi DAO choose amplified couples. Important base liquidity pairs like ETH/USDC and WBTC/USDC will be increased. These will be linked and updated here when they become accessible.

The Koi Farming pool protocol uses a static APY model to distinguish itself from dynamic farming methods. This novel technique lets the protocol, its partners, and users determine money from farmer rewards.

Static amplifier base APY. The maximum APY is also decided by a ratio of the user’s Ve voting share value to the deposited LP value if the pool has an additional amplifier APY. If 500 vote shares equal 500 koi, the Ve vote share $ value is 1:1: