Tokenomics
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About the Client
The Client is a tech firm pioneering DeFi solutions, bridging traditional finance with digital assets. Their products and services streamline interactions across blockchain networks and financial markets, enhancing DeFi accessibility. Innovative solutions include cross-chain bridges, liquidity provisioning, and DEX integration, driving DeFi's mainstream adoption.
Challenges
Make a deficient user base, increasing the platform's utility, reach, and growth potential.
Ensure the securing of adequate liquidity, resulting in increasing transaction activity and fees.
Make the need for more compelling incentives for market players to hold tokens and provide liquidity.
Goals
Establish a mechanism to transform the Client into a plug-and-play B2B product for external EVM dApps and their audience.
Guarantee market returns for relayers to maintain motivation to work correctly and attract external liquidity providers, ensuring high transaction activity and fees.
Encourage all market players to maximise the number of locked tokens or extend locking periods, and encourage them to provide liquidity on the EVM side of the bridge through the reward system.
Our solution and results
Developed a mechanism that enables the Client to serve as an out-of-the-box B2B product
For external EVM dApps and their audience, effectively tackling challenges related to cross-network arbitrage losses in various projects.
Enhanced the platform's value proposition
For liquidity providers by ensuring competitive yields, tokenomics, and DAO mechanics.
Adopt a Keep3r Network-inspired mechanism
allowing a select group of whitelisted arbitrageurs to utilise the bridge's liquidity for executing positive arbitrage and sharing the resulting profits with the Rewards Fund and liquidity providers.
Project highlights
Strategic Tokenomics
Successfully designed and developed a robust tokenomics model that effectively captures, distributes value, and incentivizes user engagement, participation, and loyalty. Thereby increasing the platform's appeal to investors and token holders.
Deep-dive into the Client's business
Gained in-depth insights into the company's financial ecosystem, enabling data-driven decision-making and informed strategic planning. Systematically described all stakeholders, products, and financial flows to provide a clear understanding of the company's ecosystem.
Tokenomics for enhanced user attraction
Crafted a strong tokenomics model, replacing traditional rewards with tokens to enhance user attraction and promote retention on the platform.
Optimized reward system
Successfully defined the proper level of Client compensation with tokens, resulting in a more attractive and effective reward system.
Cost optimization success
Identified areas for cost optimization, resulting in a more efficient and profitable cost structure for the Client.
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