Ecosystem Participants
The QuipuSwap ecosystem is composed of five primary user types: liquidity providers, traders, bakers, developers, and voters.
Liquidity providers are incentivized to contribute FA1.2 and FA2 tokens to common liquidity pools.
Traders can exchange one token for another for a fixed fee of 0.30% (which the liquidity providers receive).
Bakers encourage liquidity providers to vote for them by, for example, offering them better rewards.
Developers can integrate directly with QuipuSwap smart contracts to power new and exciting interactions with tokens, trading interfaces, retail experiences, etc.
Voters can stake their shares to vote for their favourite baker (that they feel is contributing to a system of wellbeing and maximizing the baking rewards) or against a malicious one.
These roles are not limited. With protocol development, more roles such as governor or liquidity miner can be introduced.
In general, interactions between the roles create a positive feedback loop, allowing for new economic opportunities in the Tezos ecosystem and paving the way to more complex solutions.
Last modified 5mo ago
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