This is a continuation of our previous article and goes much deeper behind the nuts and bolts of our LSD design parameters, LSD Staking Swaps, and the mathematics that makes it all work. LSD Design Parameters LSD Commissions: WYND LSD aims to be competitive in the marketplace. Our strategy is to charge 10%…

The next product to be released by WYND DAO is liquid staking derivatives (LSD). LSDs represent liquid versions of staked assets. Deposits into WYND’s LSD products will return the user with wyAssets such as wyJuno. wyAssets will automatically claim the staking rewards and restake those rewards once per day so…

WYND DEX launched and has become the largest decentralized exchange on Juno Network. This is only the beginning of the journey. This article will discuss the process for creating new liquidity pools on WYND DEX. Process Create a Commonwealth proposal In accordance to Proposition 28, all proposals must first be discussed on Commonwealth. These proposals…

WYND DEX launched on January 20th, 2023. Within the first three hours of launch, the DEX received over one million requests and over ten thousand unique users. From inception to launch, WYND DEX took 10 weeks to be deployed. In these 10 weeks, WYND DAO completed the first Cosmos Ecosystem…

WYND DAO will continue to innovate in Cosmos DeFi and we are excited to announce Protocol Owned Liquidity (POL). POL is liquidity that is supplied and owned by a DAO or by multiple DAOs/teams. Below is a simple illustrative example: In the example above, the DAOs from WYND and Juno…

By February 2023, the circulating supply of WYND is estimated to be fewer than 10 million tokens with a maximum supply of approximately 114 million tokens. Most of the tokens in existence have not yet been distributed and a majority of distributed tokens are still vesting or have been staked…

The proverb goes “Give a man a fish, you feed him for a day. Teach a man to fish, you feed him for a lifetime”. With staked gauges on WYND DEX a similar choice can be made between external incentives and internal incentives. Historically projects celebrated the listing of their…

What is the process to list on WYND DEX before launch? The liquidity pools below will be on WYND DEX at launch. However, there is a process described later in this article to include additional pools at launch.

What are gauges? Liquidity Gauges are mechanisms for distributing liquidity incentives to bonded liquidity pools (LP). How will each LP gauge be decided? The gauge weight will be voted on by WYND stakers. The staking reward and voting power multipliers increase with the each higher unbonding duration.