Dystopia exchange was founded by Dystopia Labs, that is co-founded by Hsin-Ju Chuang in 2020. Dystopia Labs is a startup studio that incubates blockchain projects. Dystopia is a decentralized exchange and automated market maker that is built by the Tetu team on the Polygon blockchain network. Providing minimal slippage and trading fees is the ultimate goal for the Dystopia exchange. You can swap the coins listed on the Dystopia app for a very low fee. The platform offers staking, and liquidity farming besides the swap tool. Users can earn passive income by staking or farming.
The Dystopia exchange is forked from Solidly which has been audited and found safe by some independent auditors. The main difference between Dystopia and Solidly is tokenomics. Dystopia Exchange distributed its tokens with a fair launch. There was no private sale, VC, ICO, or pre-mining before the launch day. 20% of the total supply was given to Polygon DAO and other Dapps in the Polygon ecosystem with a lock period. Dystopia’s governance wallet is a 3/6 Gnosis Safe multi-signature account. There six different parties have access to the main wallet and at least 3 of them must approve a transaction to be initiated.
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Product | Yield | Chain | Term | Yield | Yield Trend | TVL | TVL Trend | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD+-USDC
|
5.34%
|
Polygon |
Instant Access
|
5.34%
|
$76,811
|
|||||||||||||||
WMATIC-USDC
|
3.83%
|
Polygon |
Instant Access
|
3.83%
|
$26,223
|
|||||||||||||||
WMATIC-STMATIC
|
0.14%
|
Polygon |
Instant Access
|
0.14%
|
$46,495
|
Based on a total of 5 reviews across the web for Dystopia we gave the platform an overall rating of 40%.
Overall Expert Rating |
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5 reviews 5 |
Be In Crypto |
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5 reviews 5 |
Medium | ||
ICO Holder |
Dystopia supports over 10 currencies including Wrapped Bitcoin, OtterClam Finance, Wrapped Matic and Lido Staked Matic.
WMATIC Wrapped Matic | Wrapped Matic |
STMATIC Lido Staked Matic | Lido Staked Matic |
SPHERE Sphere Finance | Sphere Finance |
Legal name | Dystopia Labs, Inc. |
Year founded | 2022 |
Decentralised |
|
Know your customer |
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https://www.dystopia.exchange/ |
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