BlueLotusDAO Ecosystem

The BlueLotusDAO ecosystem is comprised of 3 types of actors: liquidity providers, traders, and developers. Liquidity providers are incentivized to contribute BLDT tokens to common liquidity pools. Traders can swap these tokens for one another for a fee (which goes to liquidity providers). Developers can integrate directly with the BlueLotusDAO smart contracts to create new interesting use cases and projects.
In total, interactions between these classes create a positive feedback loop, fueling digital economies by defining a common language through which tokens can be pooled, traded and used.

Liquidity

LPs can be comprised of several different groups:
  • Passive LPs — passively invests their assets to accumulate trading fees.
  • Professional LPs — focused on market making as their primary strategy, where they usually develop custom tools for tracking their liquidity positions across different DeFi projects.
  • Token Project LPs — token projects that choose to create a liquid marketplace for their token, which allows their tokens to be bought and sold more easily, and unlocks interoperability with other DeFi projects through the integration with BlueLotusDAO.
  • Liquidity Mining Projects — DeFi projects that use LP tokens as a means of participation in their liquidity mining or incentives program.
  • Builders — DeFi pioneers using BlueLotusDAO protocol to experiment on new use cases and functionality.

Traders

There are a several categories of traders in BlueLotusDAO's ecosystem:
  • Speculators — uses a variety of community built tools and products to swap tokens using liquidity pulled from BlueLotusDAO protocol.
  • Arbitrage bots — help equalize prices across broader token markets and keep things fair.
  • Dapp users — acquires tokens from BlueLotusDAO protocol for use in other Dapps.
  • Smart Contracts — executes trades on the protocol by implementing the swap function.
In all cases, trades are subject to the same fee for a particular pool for trading on the protocol. Each is important for increasing the accuracy of prices and incentivizing liquidity.

Developers / Projects

BlueLotusDAO protocol can be used and integrated into any new protocol or project. The use cases are far-reaching, but some examples include new user interfaces, analytics tools, wallets, and many DeFi-related projects. BlueLotusDAO protocol is one of the open-source contributions to the greater Gchain ecosystem.

The BlueLotusDAO team and the Community

The BlueLotusDAO team along with the broader Genesys community drive development of the protocol and ecosystem.