DeFi primitive for AMM liquidity.
Double is a DeFi primitive for AMM liquidity providing that solves the liquidity challenge for token and doubles ROI for capital. It is a decentralized, permissionless, and trustless protocol that is designed to enable projects and investors to form a win-win collaborative partnership for providing liquidity. Double will enable an investor to double its return on invested capital, while providing a boost in liquidity to the projects’ AMM token pools. With Double, investors only need to supply the capital side of the liquidity pool pair, but can still capture all of the trading fees, effectively doubling their return on invested capital. Double is a WIN for investors. While projects give up the ability to capture trading fees, they did not care about them in the first place — and they shouldn’t care about them, as projects whose business models rely on garnering revenues from AMM fees are not sustainable. With Double, projects are able to boost the liquidity for their token pools without having to find suppliers of capital, the capital they don’t have in the first place. Double is a WIN for projects. This win-win partnership can be established because fundamentally, projects can afford to offer incentives to attract investors to supply the capital side of the liquidity pool pair. Such incentives come from projects lending their tokens, which are unused and are not generating any return, to investors effectively for FREE.