Submission Date
November 8, 2021
Project Links
Webite: https://app.compli.fi
Twitter: https://twitter.com/CompliFi_Pro
Medium: https://complifinews.medium.com/
Project Description
CompliFi is a derivatives AMM, fully on-chain with NO 3rd party interactions, no forced liquidations or margin calls. As simple as Uniswap, a user can buy 5x leveraged positions with USDC, and while the market is active, they will never experience the negatives of flash crash liquidations like you will on a CEX. The CompliFi token is also a fee sharing token, where protocol fees will flow to the token holder. Also unlike competing projects that take all profits from the protocol, 100% of all AMM cash flows go to traders, LPs or Token holders. This is truly a DeFi derivatives protocol, maybe the first where majors and alts can be traded fully on chain, using only smart contracts, and is self-sufficient, not needing emissions to pay its LPs.
Amount requested
50,000 USD
Milestones
December - January
- Launch of V2
- Launch of implied volatility oracle
January - February
- Launch of governance and dividend distribution mechanisms
February - March
- Expanding product line with new derivatives
- Integration with other defi protocols
March+
- Advancing various aspects of protocol towards institutional-grade capability