Next Stop, OLLO Station!
Our Story
The Founder of OLLO Station, Ian Passaloukas has been a long-term professional Options Trader. He pivoted to cryptocurrencies several years ago, finding a lack of automated trading tools. Any Options Trader knows the vast amount of trading tools and automation available, but in DeFi, these tools are mainly lacking. This provided Ian with an opportunity. Given that Cosmos was the most advanced cross-chain network in existence and also his favorite network, that’s where he began to build. A year of hard work, research, and team building, led to OLLO Station — a truly next-gen chain & DeFi Hub.
Over the past year, many new crypto users have realized how much portfolio maintenance is needed in this ever-changing cross-chain ecosystem. Many have shown their desire for an all in one Cosmos DeFi Hub Chain that provides complete automated control over their entire cross-chain portfolio.
Automated Market Makers (AMMs) have become integral to today’s DeFi solutions but still lack innovation, automation and control. Osmosis’s Custom AMM protocol has proved to be a significant step in the right direction. The next step in AMM evolution is to expand upon the custom AMM design by adding intelligent dynamic liquidity, automation, APR balancer, limit Control features, Sustainable Limitations, and additional control parameters.
A Cosmos DeFi Hub?
A few projects building in the Cosmos Ecosystem has begun using the term Cosmos DeFi Hub. We support our fellow Cosmonauts in the quest to fill this role, but it’s the technology and community who decide in the end.
The question we want to answer is “What does a DeFi Hub truly mean to our community?”. Is it an AMM mixed with Order Book Trading, limit orders & staking? Is it cross-chain portfolio control, liquidity-backed lending, and derivative trading (Options Trading)? Or is It providing easy access to all of the above without leaving one easy-to-use application? We think that’s a good starting point.
Enter OLLO Station
OLLO Station is a next-generation all-in-one DeFi Hub built utilizing the Cosmos SDK, Cosmwasm, AuthZ, soon Interchain Accounts, and other unique in-house custom modules & protocols. OLLO Station will provide users a complete suite of tools to trade, stake, bond, borrow, manage and automate their cryptocurrency portfolio without ever leaving the station.
Designed For Cross-Chain Control
OLLO Station is designed to simplify the cross-chain asset experience. OLLO will utilize IBC (Inter-Blockchain Communication) to connect to the entire Cosmos Ecosystem. Using IBC allows OLLO Station to connect to over $24 Billion of native assets.
After launch, OLLO will expand to include popular non-IBC chains as well. Utilizing Interchain Accounts, AuthZ, IBC, and more, OLLO Station portfolio control will allow for cross-chain staking, bonding, lending, and more. In Cosmos, the sky is not the limit, for there is no sky in space.
Customizable Automatable AMM
Welcome to the future of customizable AMM (Automated Market Maker). Utilizing a combination of our own Intelligent Dynamic Pools mixed with a semi customizable AMM. Users may create pools customizing elements such as curve formula, # of assets and weights. While still customizable, trade fees, exit fees, APR balancer & early bond release fees will all retain minimums/maximums to remain sustainable.
Sustainable APR
OLLO Station pools have a unique design feature, the APR balancer. Many pools, when first deployed, have an incredibly high APR value, rewarding those that come first to the pool with extreme rewards. This method seems to create sell pressure when the APR declines.
OLLO Station Liquidity Pools will have a built-in balancing feature. A new parameter in pool creation allows the pool creator to select an APR balance point. When the pool is created, the liquidity pool will automatically start at the selected APR (e.g., 100%). The extra APR emitted above 100% will remain in a smart contract until the APR starts to dip below 100%. At that stage, the APR collector contract would begin replacing APR to keep the emission distribution at 100% for an extended period of time. Nearing the end of the contract, the Apr will begin to decline to eventually match the “actual” APR of the pool
External Incentives also play a role and can be used in several ways:
- Add incentives to increase the APR balance point (e.g., 100%)
- Add incentives to the collector contract to extend the APR duration
- A combination of both: once the contract is used up, the APR will continue as normal
AMM Limit Orders & Impermanent Loss Protection
Would you like more control over your positions as a liquidity provider? How about impermanent loss protection? We do, which is why we are introducing limit orders & impermanent loss (stop loss) control for liquidity pools.
Our pools will provide users with a percent or value parameter to create limit orders. Sell orders allow users to either sell to secure pool gains, or sell using impermanent stop loss protection. Our protocol will enable users to exit bond positions early for a fee — this creates added market security for bonded positions with the option of an immediate exit.
Go further and automate a stop loss with a secondary order to sell your pool tokens and a third order to swap into stables.
Automate, control, and secure your LP positions like never before.
Liquidity Providers Incentives
Users of AMM Pools largely depend on incentivized rewards to provide liquidity for swaps. OLLO’s emissions and a portion of swap fees provide users with APR rewards for their pooled tokens. OLLO also provides third-party tokens the ability to add additional External Incentives to their pools, increasing users’ pool rewards. Once OLLO’s Wise Vault begins recycling emissions, a sizable percentage will be used to enhance rewards for Liquidity Providers. Dynamic Liquidity also plays a role in creating more sustainable emissions for liquidity rewards.
Mobile Access
A DeFi hub should be easily accessible. OLLO Station believes in the importance of mobile trading accessibility. OLLO Station will be accessible on mobile devices, with Keplr & Ledger supported from day one. To increase the ease of wallet access, portfolio control, mobile trading, and staking, OLLO will release the WOLLOT wallet.
The WOLLOT
The WOLLOT will provide users simple access to send, receive, trade, and stake in a decentralized application with full access to OllO Station and other Cosmos dApps directly on their iPhone and Android devices.
- View detailed Validator Information and manage your Staking Dashboard
- Manage and Monitor your portfolio assets & rewards on the go utilizing advanced portfolio control
- Trade assets, manage liquidity, send & receive
- Create & manage multiple wallets
- Create, manage, and sign multi-sig addresses
Everything is in one easy-to-use, intuitive, and convenient application, accessible from your smartphone.
About OLLO Station
OLLO Station is a next-generation all-in-one DeFi Hub built utilizing the Cosmos SDK, Cosmwasm, Interchain Accounts, AuthZ, and other unique in-house custom modules. OLLO Station will provide users with a complete suite of tools to trade, stake, bond, borrow, manage and automate their cryptocurrency portfolio without ever leaving the station.
Twitter: https://twitter.com/OLLOStation
Discord: https://discord.gg/GxBqZ9mSSm
Telegram: https://t.me/+s8i4AKk0Tt44Yzgx
