Xoktle
Xoktle is the word for pot 🍯 in Nahuatl. This smart contract is designed to use your deposit to expand stablecoin liquidity and pair with the DeFi ecosystem. For every 1 dollar, there will be 4 pesos in the pool, so our liquidity agent will always strive to maintain this ratio by internally rebalancing the pool.
Total Shares
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USDC Deposits
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XOC Deposits
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Manage Liquidity
Contract Addresses
Pool
MX$0.00
Shares
0.0000
Oracle
MX$0.00
Difference
MX$0.00
Liquidity Overview
Deployed Liquidity
Token 0 (USDC)
$0.00
In Position
Token 1 (XOC)
$0.00
In Position
Idle Liquidity
Token 0 (USDC)
$0.00
Available
Token 1 (XOC)
$0.00
Available
Total Liquidity
Total Token 0
$0.00
Total Token 1
$0.00
Deployed %
0.0%
Idle %
0.0%
Price Chart
Understanding Liquidity Provision
How the Liquidity Pool Works
Our liquidity pool is a smart contract that allows users to provide liquidity by depositing both USDC and XOC tokens. This creates a trading pair that enables users to swap between these tokens. The smart contract automatically manages the pool's balance and ensures that trades are executed fairly and efficiently.
The Mechanism of Providing Liquidity
When you provide liquidity, you deposit equal values of both USDC and XOC tokens into the pool. In return, you receive LP (Liquidity Provider) tokens that represent your share of the pool. These tokens can be redeemed later to withdraw your portion of the pool's assets, plus any trading fees earned.
- You deposit both USDC and XOC tokens into the liquidity pool smart contract.
- The smart contract calculates the optimal ratio and provides you with LP tokens representing your share.
- Traders can swap between USDC and XOC using the liquidity you provided.
- You earn trading fees proportional to your share of the pool and can withdraw your assets anytime.
Smart Contract and Frontend Integration
The frontend interface communicates with the smart contract through Web3 protocols, allowing you to interact with the liquidity pool seamlessly. The smart contract handles all the complex calculations and ensures the security of your assets.
- Real-time data synchronization between the frontend and blockchain ensures accurate pool statistics.
- Smart contract validation prevents invalid transactions and protects against manipulation.
- Automated price calculations maintain fair exchange rates based on supply and demand.
- Secure asset management with transparent on-chain verification of all transactions.
Benefits of Liquidity Provision
Providing liquidity offers several advantages:
- Earn trading fees from every swap that occurs in the pool.
- Contribute to the ecosystem's liquidity and help facilitate trading.
- Participate in the growth of the XOC stablecoin ecosystem.
Liquidity provision is a fundamental component of the DeFi ecosystem, enabling efficient trading and contributing to the overall stability and growth of the XOC stablecoin.
