Loop Finance- an AMM DEX for the Terra blockchain and beyond…

made by Fynn. Link to my Twitter

What are the problems?

  • New projects building on Terra are unable to create incentivized liquidity pools with their own tokens.
  • Currently, Ethereum or Solana assets cannot be traded on Terra.
  • Swapping directly from BTC, LTC, BNB, etc. to Terra assets is not currently possible on a DEX.
  • Thorchain synthetic assets are not currently tradable on Terra.
  • Current Terra mobile apps are limited and don't provide a great user experience.

What are the solutions?

Loop will be listing many native Terra assets, existing and new, as well as Solana and Ethereum tokens using the Wormhole bridge.

Through a Thorchain integration, Loop will be allowing swaps between chains such as BTC, LTC, BNB, etc. as well as Thorchain synthetic assets.

Loop will be creating incentivized liquidity pools as well as “community pools” that will allow other projects to incentivize their own liquidity pools with their own tokens, bringing a lot of liquidity to the protocol.

Web and Mobile Interfaces

The Vision

  • To become the core hub for UST transactions across the crypto ecosystem
  • To create a world-class non-custodial multi-chain wallet with Swaps (through their DEX and Thorchain), access to great Terra DeFi products (Anchor, Mirror, etc.), a fiat on and off ramp (through a 3rd party), and Collectibles (upcoming Terra NFTs)
  • To become one of the leading developers of new products on the Terra blockchain

Why Terra?

Growth of UST and other stable coins

Mirror and other Defi products

Terra Ecosystem

Credit: Smart Stake https://twitter.com/SmartStake

Market Opportunity

Growth of DEXs

Monthly DEX volume by project

Competitive Landscape

LOOP runs on Terra and utilizes UST, one of the few non-centralized stablecoins

Competitive Analysis

LOOP is clearly superior to ALL of its competitors

Roadmap for Loop:

Many things coming very soon…

Loop Partnerships:

The list continues to grow…

Loop Tokenomics:

Token distribution pie chart

The Loop Token

  • A percentage of every swap fee will be distributed to people who stake LOOP (25%), as well as to liquidity providers (75%).
  • Most of the incentivized pairs on the DEX will include the LOOP token (eg. LOOP/UST).
The LOOP token will be released over 5 years

This overview is for information purposes only.

Document Confidentiality Statement:

Luna Holder and Believer. Not financial advice