WhiteSwap Roadmap 2021

WhiteSwap Finance
2 min readDec 30, 2020

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The upcoming year is going to be full of updates aimed at upscaling the project and growing the community. We are planning to create more liquidity, attract more developers to build the WhiteSwap protocol, and enhance community governance.

Roadmap

The project development will include five major milestones to be reached. Each of them will take from one to several weeks to implement and result in positive changes for token holders.

Fee discount for WSE holders

Q1 2021

If there is a certain amount of tokens on the account balance, the fee will be reduced by a definite number. Here is an example of a swap fee discount:

  • 100–1’000 WSE = 0.01%
  • 1’000–10’000 WSE = 0.02%
  • 10’000–100’000 WSE = 0.03%
  • 100’000–1’000’000 WSE = 0.04%
  • 1’000’000+ = 0.05%

Staking referral program

Q1 2021

When a user stakes assets to provide liquidity to the pool, they can specify the account of the person who brought them to WhiteSwap. An interest rate from staking will be accrued to this account.

Swap referral program

Q1 2021

When someone makes a swap, they can specify the referral account, for which they will be accrued extra WSS (LP). The number of tokens depends on the amount of swap.

Gas tokens integration

Q1 2021

We will introduce gas tokens to be used for the reduction of transaction fees. Such a token is created when the gas is cheap and can be burnt when it is increased in price to make up for the part of the transaction gas. Thus, gas token holders will be able to pay up to 50% less when the gas price is high.

Major functionality update

Q2 2021

Liquidity providers will receive more profits during the process of arbitration due to the protocol update.

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