LSD

1. Project Introduction

The protocol uses smart contracts developed by the Pontem Network team, written in Move language, and released on the Aptos mainnet.

Supported features and benefits:

- Unrelated token swaps (similar to Uniswap V2)

- Stable swaps of related assets using different liquidity curves

- DAO treasury, receiving a portion of each swap transaction fee

- Dynamic fees: managed by treasury multi-signature and dao in the future

- Written in Move: a new smart contract language designed with security in mind

- High speed brought by Aptos parallel transaction execution engine

- Formal verification is partially completed: full formal verification will be achieved in the future

2. Team Introduction

Alejo Pinto - Co-Founder

Alejo Pinto is the founder of Pontem Network and previously worked at BlockFi. He graduated from the University of Pennsylvania in the United States.

Boris Povod - Co-Founder & CTO

Boris Povod is the co-founder and CTO of Pontem Network. He graduated from Platov South Russian State Polytechnic University.

3. Token Application and Distribution

Token Application:

LSD’s utility will be to govern:

- Protocol Parameters

- Community Treasury

- Future Development

Token Distribution:

Treasury - 16.0%

Airdrop + incentives - 15.0%

Liquidity, MM - 8.0%

Public Sale - 1.0%

Team and Future... - 13.3%

Fundraising - 46.7%