Feature Requests

Build our own DEX that uses the NFT Vaults for Rug-Protection + Rewards
My proposal would be to build the most robust AMM DEX out there by combining the best features out there of existing DEX's and adding in the Method NFT Vaults to create a completely unique, rug-proof DEX that attracts liquidity and not needing to rely on any other protocols as we'd be our own self-reliant protocol. Two of the biggest problems with providing liquidity on DEX's are: A) Impermanent Loss B) Rug-Pulls Let's take a look at what solutions are currently out there, the best features we can use, and how we can tie it all together: Uniswap PROS: What Uniswap DOES do VERY WELL is they attract tons of liquidity and free marketing - WHY? Because it's so damn easy for any project to launch and list on Uniswap. This attracts small and new projects which can launch a liquidity pool immediately and they promote the Uniswap link to their audience. CONS: Uniswap tackles Impermanent Loss (IL) by allowing LP's to set custom price ranges. This requires manual work, or solutions such as Visor NFT Smart Vaults which automatically manage and adjust peoples LP price ranges. This creates friction in the user experience and requires users to have to learn and use another tool, outside of the Uniswap UI. The other downside to Uniswap is that LP's need to provide liquidity on TWO assets (ETH/MTHD for example). Bancor PROS: Bancor has created a very unique solution to IL and regularly innovates and are early in the AMM and DEX space. They allow users to provide single sided staking (VERY popular) with one asset, and they also allow users to provide the other side of liquidity using Bancor's native token BNT. So all trades on Bancor route through the BNT token, even if on the UI/UX a user chooses to swap ETH to MTHD, in the background it'd go from ETH -> BNT -> MTHD. Users can opt to provide liquidity in pools using the Alt token (ETH, LINK, WNXM, MATIC, WBTC, USDT, USDC or whatever) OR they can choose to provide liquidity in the pool using the BNT token. Read more about it here: https://blog.bancor.network/bancor-v2-1-staking-for-defi-dummies-f104a6a8281e https://blog.bancor.network/guide-single-sided-amm-staking-on-bancor-v2-1-93e6839959ba The beauty of this is for the average user, they can simple stake one token, single sided and earn rewards from in BNT token. When users keep their tokens staked for 100 days or more, they have 100% IL protection. Make sure to read this article carefully to fully understand how it works: https://blog.bancor.network/bancor-v2-1-staking-for-defi-dummies-f104a6a8281e If a person chooses to withdraw before the 100 day threshold, either the BNT side or the token side suffers some small IL depending on which side they've staked on. They have a very nice solution to IL that works well and their system works which is why a mind blowing 82.72% (as of writing) of all BNT tokens are staked on the platform. CONS: The downside is that Bancor makes the process for new projects to get listed on and have the IL protection a pain where the Bancor community needs to vote and approve of projects being launched on Bancor which creates friction and is a pain for new projects wanting to get started, so most new projects would rather opt for Uniswap. BRINGING ALL OF THIS TOGETHER FOR METHOD FINANCE: I propose that Method Finance should be a decentralised exchange, just like Uniswap and Bancor that has these features: Single-sided staking, just like Bancor where users can provide liquidity to the token side, or to the MTHD side, with 100% IL protection when staked for 100 days and more. All trades on the DEX route through the MTHD token, just like Bancor Any project can permissionlessly start a pool, they just need to get MTHD tokens to have liquidity on the other side of their pool This is the SECRET SAUCE that makes this a truly unique project: When people stake, they need to stake to their own NFT vault which makes this a DEX that is rug-proof AND depending on the NFT vault tier, they earn different reward %. On Bancor, every week a person leaves their tokens staked, the rewards bonus increases by 0.25% and after 4 weeks, it reaches the maximum reward bonus of 2%. Instead of time based to increase rewards, what we can do is rewards are increased based on the NFT vault they're staked to. Those who stake to the Platinum NFT vaults, earn 2.5x multiplier on MTHD rewards. Gold NFT vaults earn a 2x multiplier Mint NFT vaults earn a 1.5x multiplier Black NFT vaults are at the standard 1x multiplier WHAT DOES THIS SOLVE? Provides utility for MTHD tokens to be in high demand Creates real utility and demand for the NFT vaults while staying true to the existing NFT rewards multipliers This entire model outlined above also removes any reliance on outside protocols. Method Finance will be it's own fully sustainable protocol that doesn't need any other partners to get going It takes the best ingredients of all the existing DEX's out there, removes all their current flaws AND adds in the new magic ingredient that is Method NFT Vaults which provide rug-protection
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