Announcing JunoSwap

Ben2x4
JunoSwap

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JunoSwap will be the first native exchange on Juno. Our aim is to be critical infrastructure for the Juno ecosystem by supporting healthy markets and liquidity for native Juno tokens and IBC assets. Below is our V1 roadmap which is a starting point for everything we hope to build!

V1 Roadmap

We aim to launch our V1 concurrently with the Juno Moneta upgrade planned for the 15th of December that will bring support for smart contracts to Juno.

Assets Supported

Our planned first supported trading pairs will be JUNO / ATOM and JUNO / UST as these are critical for building a healthy market and on-boarding more users to Juno. We hope to make it easy for premier Juno projects to onboard their assets to the platform as soon as possible.

Liquidity Incentives

We want to make it seamless for any project to add custom incentives to bootstrap liquidity. Liquidity providers can receive these rewards by staking their LP tokens with a configurable unstaking period. We hope to encourage Juno projects to create liquidity incentive allocations in their initial token supply.

We plan to apply for liquidity incentives from the Juno community fund to bootstrap our liquidity and kick start DeFi on Juno!

Moneta and Beyond

Moving forward we have a lot of big ideas in the works to make JunoSwap better for traders, projects, and liquidity providers. Our focus will be on attracting liquidity to our swap and making it easy for new projects to launch. We have some really cool thoughts on how the community can play a large role in helping build highly liquid markets on Juno!

DISCLAIMER: The information provided in this Medium Post pertaining to JunoSwap (the “Project”), its crypto-assets, business assets, strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this Medium Post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This Medium Post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. The Project and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and the Project expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. The Project reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this Medium Post supersedes any prior Medium Post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither the Project nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this Medium Post by you or any of your representatives or for omissions from the information in this Medium Post. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this Medium Post.

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