⚔️ The next stage for DOJO growth — Evolving from DojoSwap to DojoLabs

DojoSwap
3 min readFeb 28, 2024

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Hello Ninjas,

We bring you good news. As DojoSwap’s role in growing the Injective ecosystem gets increasingly cemented, users of our ecosystem have attained a unique position of flourishing strongly from the wealth effects generated. The very same holds true for our core team. This “wealth effect” is what has led to an evolution in the role of DojoSwap, as our team increasingly gets exposed to deal flow within the ecosystem. Many strong teams have reached out to us to not only ask for launchpads, but also to have us placed as part of their seed rounds. It is after all ideal to have a strong partner that has the power of an entire ecosystem behind them as one of the seed investors! This unique conundrum is what has now prompted our team to create the “Dojo Labs”.

What is “Dojo Labs”

At “Dojo Labs”, our team participates in promising early seed rounds through funds generated by our product offerings — Swaps, LSD, Validator, NFT fees etc. Now, given that all of these fees were originally generated in a bid to be distributed back to DOJO ecosystem holders (includes both SUSHI and DOJO holders) one day, we think of this as a loan. Once all these seed investment concludes, ALL proceeds will be distributed back into the Dojo DAO fund. These funds will then be redistributed back to DOJO ecosystem holders! Sounds complicated? A simple flow looks like the following:

  1. XYZ protocol reaches out to us. We provide them with seed monies in exchange for an equity/token deal.
  2. XYZ protocol may or may not launch via our launchpad. (Can opt to launch on other chains too!)
  3. Once tokens are unlocked, and profits are realised from the deal, tokens will be kept aside for the DOJO ecosystem holders.
  4. These tokens (can be in INJ or their native tokens) will be locked back into the DOJO multi-sig for further reinvestment, or to be accrued back to DOJO ecosystem holders
  5. A profit distribution module will be setup in the near future as the Dojo ecosystem progresses into a real-yield one

The net effect? A constant wealth generation vehicle has been created through which the DOJO team gains access to good quality deal flow. These deal flows leads into profits being generated. All profits to be shared with DOJO ecosystem holders! As we perpetuate the cycle into a full-blown bull-run, we are confident of accruing huge value for DOJO ecosystem holders.

As a part of the Dojo Labs team’s first official seed investment, we will be participating in the Black Panther seed round. From an un-emotional, pure investment point of view, the Black Panther seed round is a logical one that we are certain will bear fruits for DOJO holders. This is largely why we’ve opt-ed to invest in them after many rounds of conversations with the Black Panther founder team! With that, we also have confirmed that $BLACK will be launched off DojoSwap’s launchpad.

Concluding it all

As a DOJO ecosystem holder, you will soon come to realise how all these narratives will come into play. Not only are the core DOJO products strong; Great DEX, great CW404 collection, LSD, etc.. As a DOJO holder, you are now also exposed to seed round investments, and you can be certain that there’s no token that works harder for your well-being. In the near future, the DOJO team will continue vetting and investing in strong, promising projects from all the premium deal flow that we are now exposed to. Remember, all these are passed back to you.

With love,
DojoSwap team

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