Superposition

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27 Jan 2024
28

Gneow guys, today I’ll go over @Superpositionso
on a high level perspective based on their whitepaper.

Let’s start!

Superposition is an innovative Layer-3 decentralized exchange architecture developed by @FluidityLabs


It aims to bring a new approach to the capital markets with impressive efficiency and a user-friendly experience.

- Superposition leverages Account Abstraction (AA) to create an environment that's effortless for users to navigate. Transactions are a breeze, making it super accessible for everyone.

- The Fluidity Money Governance token (FLUID) is intricately woven into the Superposition DEX. It plays an important role in controlling the platform's governance and incentive mechanisms, thus influencing the platform's future.
- The platform stays ahead of the curve by applying exciting new concepts such as Universal Shared Liquidity and Utility Mining. This fresh approach is helping to shape the future of decentralized exchanges.Because as you know, so far we have always had the classical DeFi, which users have to pay per each transaction and almost only LP providers were benefiting from it.

- With Superposition, users can enjoy fee-free swaps and even negative fees on Automated Market Makers that's absolutely a game changer! This incentivizes users and significantly improves transaction efficiency.

- Superposition's mission is to address the limitations of existing Decentralized Exchanges create a better user experience and unify solutions into one all-encompassing platform.

- Big plans are on the horizon, with a three-phase development path laid out. This includes the initial implementation of an order flow focused Automated Market Maker (AMM) the next stage of building a layer 3 and decentralized limit order book, followed by the exciting step of developing a cross-chain support system.

-The platform's two tokens, the SPN and FLUID tokens, will play a pivotal role in controlling protocol decisions managing reward functions and overseeing cross-chain functionality. I’ll go over the tokenomics details later.

- With its innovative approach and range of features, Superposition is poised to stand tall among existing offerings in the DeFi (decentralized finance) market. I believe we will hear much more about Superposition soon!

Thanks for reading!

Feel free to join discord and ask your questions. Here are the socials: Discord: https://discord.com/invite/superposition… website: https://superposition.so X:


cc @AngnMurat

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