Why do we need to be permissionlessοΌ
1. There are many reasons for a user to choose DeFi. Usually, permissionlessness is the most vital one. It's also one of the main focuses of Cetus.
2. On a CEX (or even some DEXes), if you want to list a trading pair, you need to contact the exchange's official team, submit your request in forms and then wait for the review and follow ups. It usually takes time from days to weeks, and sometimes there's no response at all
3. On Cetus, anyone will be able to create a pool in 30s. You only need to select the Token A and B, choose a fee tier, set an initial price, and then add any amount of initial liquidity in your own price range. That's it. The new pool is all set
4. The new liquidity pool will be detected by the Cetus swap router. The router will take this pool into account every time a user places a new transaction.
5. It's not limited to the swap between TokenA and B. It's possible to see a path like
SUI-TokenA-TokenB or paths with higher complexity. Thanks to the low gas on
Sui, making multi-path composition so easy.
6. These pools and routes can also be seamlessly utilized by those applications that integrated Cetus SDK into their front end, like wallets and aggregators. Some gamefi/socialfi projects may also want to set up their own swap interface by easily integrating with Cetus liquidity
7. When you see an order placed from a 3rd party interface, it might actually be handled by the pool you just created on Cetus.
8. All the pool data of Cetus will be found on those mainstream statistics platforms like Defillama and Coingecko. You can have a clear view of the pool you just created.
9. Look what you've accomplished. You just created a liquidity pool that was fully adopted by the whole ecosystem. It's truly involved in the real-time operations of the market. You've done this for free, and in a completely permissionless manner.
10. If you want more LPs to contribute to the pool you created and you're willing to incentivize them, no problem. Our liquidity farming module will be permissionless too. You can allocate your own token rewards to encourage more LPs' participation.
11. We believe a long-visioned blockchain ecosystem can't be sustained by only a few big projects or teams. The diversity of altcoins and the use cases they bring to the community is crucial to a new eco. This is inseparable from the development of permissionless infrastructure.
12. The Cetus permissionless pool will be launched together with its upcoming
Sui version launch. The functions will be synchronized on both
Sui and Aptos then. Get ready with your 30 seconds?
https://twitter.com/cetusprotocol/status/1643257362311151616?s=46&t=GVNYVHgdQ6NcqVhA7YTtxw@everyone