โš—๏ธ ๐‹๐ข๐ฑ๐ข๐ซ ๐๐ซ๐จ๐ญ๐จ๐œ๐จ๐ฅ โš—๏ธ $LIX

โš™๏ธThe worldโ€™s first automated liquidity concentration manager

โš™๏ธAuto-balances LP positions accordingly to achieve maximum ROI, minimum Impermanent Loss & minimum inactive liquidity

โš™๏ธNot VC-funded, team members & early buyers are vested
๐…๐จ๐ซ๐ฐ๐š๐ซ๐ โฉ

๐ŸŒDecentralized exchanges have provided a lot of benefit to the world which include increased privacy, security, control over your own funds, and financial inclusiveness.
๐…๐จ๐ซ๐ฐ๐š๐ซ๐ 2โƒฃ

๐Ÿ’นThe main reason for their explosive growth is the use of Automated Market Makers (AMMs). This solved the liquidity issue that Dexs initially had. Even further Constant function market makers (CFMM's), were utilized to help with with pricing.
๐…๐จ๐ซ๐ฐ๐š๐ซ๐ 3โƒฃ

The downside is that CFMM can be sometimes they are ineffective at pooling capital. The algorithm that is used only utilizes a fraction of the assets available in the pool at any given time. This leads to the majority of the pooled liquidity being wasted.
๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ž๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Œ๐š๐ค๐ž๐ซ๐ฌ ๐€๐Œ๐Œ๐ฌ ๐Ÿ–ฅ๏ธ

๐Ÿ’ปAn automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a math formula to price assets. Traditional exchanges use an order book to do this.
๐‚๐จ๐ง๐ฌ๐ญ๐š๐ง๐ญ ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Œ๐š๐ค๐ž๐ซ๐ฌ ๐‚๐…๐Œ๐Œ๐ฌ ๐Ÿงฎ

โœ…They were designed by the crypto community to construct DEXs for digital assets & are based on a function that establishes a pre-defined set of prices based on available quantities of 2 or more assets
๐ˆ๐ฆ๐ฉ๐ž๐ซ๐ฆ๐š๐ง๐ž๐ง๐ญ ๐‹๐จ๐ฌ๐ฌ โž–

๐Ÿช™ A temporary loss of funds occurring when providing liquidity. Itโ€™s very often explained as a difference between holding an asset versus providing liquidity in that asset. https://www.youtube.com/watch?time_continue=2&v=8XJ1MSTEuU0&feature=emb_logo
๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐Ÿ”ญ

๐Ÿ›ฐ๏ธ Lixir's main goal is to simply allow efficient allocation of capital to liquidity pools. Allocation is directly tied to ROI, which means the less capital you can lock up to earn a certain return, the better ROI you have.
๐‹๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ ๐‚๐จ๐ง๐œ๐ž๐ง๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง ๐ฆ๐š๐ง๐š๐ ๐ž๐ซ ๐Ÿงฌ

โš–๏ธIt's a program that pools assets from users and automatically rebalances the concentration of your liquidity as price moves to maximize ROI on the next generation of AMMs like Uniswap v3.
๐‹๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ ๐‚๐จ๐ง๐œ๐ž๐ง๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง 2โƒฃ

โœ…They do two main things

๐Ÿ”ฅIncentivize new liquidity to come in so rebalancing is possible when the price of a pair moves

๐Ÿ”ฅAuto manage rebalancings & incentives so that users earn fees and LP rewards consistently
๐†๐š๐ฌ ๐Ÿ๐ž๐ž๐ฌ โ›ฝ๏ธ

๐Ÿ’ณUsers only spend gas when entering or exiting the pool, and the gas costs are limited to calculating the value of their incoming/outgoing assets. The fees are paid by the incoming users at each re-balance event, for which they are rewarded.
๐“๐จ๐ค๐ž๐ง๐จ๐ฆ๐ข๐œ๐ฌ ๐Ÿช™

โœ…Ecosystem: Tokens will benefit liquidity providers on Lixir, LP for $LIX itself and potential partnerships

โœ…Team: Is vested for the current, future, & other long-term team members

โœ…Treasury: Tokens used to grant community projects & other proposals
๐“๐ก๐ž ๐‹๐ข๐ฑ ๐“๐จ๐ค๐ž๐ง ๐Ÿช™

โœ…2 purposes

๐ŸฅฉStaking enables you to farm by staking your liquidity or providing liquidity for the token itself

๐Ÿ—ณ๏ธA governance token where holders vote for which new pairs are added to the platform & change the staked amount thresholds for classes
๐‘๐จ๐š๐๐ฆ๐š๐ฉ ๐Ÿ›ฃ๏ธ๐Ÿ—บ๏ธ
๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐Ÿค”

โ“The team wishes to remain anonymous at this time. I know that poses a red flag to many in regards to investing. However, I will say that very few teams put forth the effort this one has towards a project.
๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ 2โƒฃ

๐Ÿค–The team took it upon themselves to to release the token at an artificially high price to thwart bots, would not accept VC funds, and have designed a mathematical formula aimed at helping investors maximize returns.
๐—–๐—ผ๐—ป๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐—ผ๐—ป ๐Ÿ“–

โœ๏ธLixir has a solution for a serious problem in regards to wasted liquidity and maximizing ROI for LPs. Lixir should do exceptionally well due to being the 1st mover in the space, having a token with an actual use case, & solving a major problem in DeFi
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