ARIES FINANCIAL
ARIES Blog
Published in
2 min readJul 13, 2021

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WE WILL LAUNCH “ARIES DEX” ON POLYGON

ARIES TEAM has launched Yield farming on ETH and Yield Optimizer on Binance Smart Chain. As a platform compatible with Multi-chain, we have positioned the next battlefield as the Polygon network and are preparing to launch ARIES DEX.

What is ARIES DEX?

ARIES DEX is a Dex that specializes in Synthetic asset exchange with a “zero impermanent loss farm” and “synthetic assets” on Polygon.

ARIES DEX consists of “Swap” / “ZERO Impermanent Loss farm” / High Yield Liquidity Mining” / “Flash loan Prevention” / “Synthetic Asset” / “Inflation Prevention”.

Let’s take a look at the features of ARIES DEX one by one.

- Swap

High liquidity fees for liquidity providers. ARIES DEX offers 0.3% on swap fees. The fees of 0.25% are paid out to the liquidity providers according to the percentage of that pool.

- Zero impermanent loss farm

You can deposit a single synthetic asset such as sUSDC or sUSDT to earn $ARIES.

By depositing a single assets such as sUSDC / sUSDT close to the price of stable coins, you can take advantage of investment strategies that avoid large price fluctuations.

- High yield liquidity mining

You can provide liquidity specified liquidity pool to earn $ARIES.

- Flash Loan prevention

We prevent flash loans by using chain links distributed oracle price feed and TWAP if not available.

- Inflation Prevention

Algorithmic monetary policy to reduce inflation of ARIES tokens.

- What is Synthetic asset?

It is a synthetic asset synthesized from stable coins such as USDC or USDC, $ARIES and TITAN that can be used in the ARIES Ecosystem. You can deposit these synthetic assets into the “Zero impermanent loss farming”.
1 sUSDC (or sUSDT) is a synthetic asset with 1 USDC (or USDT) + 10% of $ARIES +0.2 of TITAN. You will receive 1 USDC (or USDT) + $ARIES of share of sUSDC (sUSDT) when you redeem. This is a synthetic asset that is 90% guaranteed by USDC or USDT.

- Tokenomics

$ARIES is a token that creates Synthetic Assets. You’ll be able to receive $ARIES when you provide liquidity with specified trading pairs on ARIES DEX.

Token Name : ARIES Token
Token Symbol : ARIES
Total Supply : 1,000,000 (Starting at 0.01538 per block / 526 per day)
Network : Polygon
Contract Address : 0xf20b7ee8a2d835ab60dea98782789f6263d753ee
Utility : Synthesize / Buyback and burn

  • 100% community reward, No pre-sale, No investors share, only 9% developer reward for every 1 ARIES issued through farming.
  • 1,000 ARIES for airdrop / 10,000 ARIES for initial liquidity

The above are the main functions of ARIES DEX.
The ARIES Team is always looking for change and evolution. Join the community for constructive discussions.

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Follow us on Social media.

Twitter : @_AriesFinancial

Telegram : Official Community

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ARIES FINANCIAL
ARIES Blog

ARIES FINANCIAL is a yield farming platform guided with Staking Pools. https://aries.financial/home