📚Core protocols
Core protocols such as a decentralised exchange, a perpetuals exchange as well as a lending& borrowing app are the critical DEFI infrastructure on Haven1. And they accrue value to H1 token
Haven1 introduces a unique proposition where the core protocols are owned by the network, addressing key challenges in the Web3 space and enhancing the utility of its native H1 token. All the essential pillars of DeFi infrastructure - the AMM, Lending & Borrowing protocol, and the Derivatives platform, are owned by the Haven1 network and accrues fees and rewards to H1 token holders.
Addressing Liquidity Fragmentation
Liquidity fragmentation is a significant barrier in Web3, restricting trading opportunities and efficient arbitrage for both traders and retail users.
Haven1's innovative approach consolidates liquidity, facilitating deeper and more efficient markets. This strategy not only enhances trading experiences but also bolsters the intrinsic value of the H1 token.
Introducing Haven1’s Core Protocols
Haven1's three core protocols are designed to form the backbone of a more integrated on-chain infrastructure:
Benefits of Network Ownership
Advantages of Haven1 owning Key Infrastructure:
Reduction in Liquidity Fragmentation: Creates a unified, deep market, enhancing the trading experience.
Value Enhancement of H1 Token: All fees, revenues, and governance rights from these products directly benefit H1 token holders, elevating the token's value proposition.
The H1 token
The H1 token is central to the Haven1 ecosystem, with multiple roles enhancing its value and utility:
Application Fee share from Core Protocols
Fees generated from the use of Haven1's core applications contribute to the token's value, benefiting holders.
Governance
H1 token holders play a pivotal role in shaping Haven1's protocol, with governance mechanisms that include voting for protocol updates, distributing incentives through the Governance Fund, building grants, and participating in project management decisions.
Validator, Developer, and Community Incentives
H1 tokens are used to incentivize various stakeholders in the network, including validators, developers, and community members, aligning their interests with the growth of the Haven1 ecosystem.
Revenue Share from Third-Party Applications
A portion of the revenue generated by third-party applications on the network is distributed to H1 token holders, creating a direct financial incentive.
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