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.
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