Objective: Leverage established DeFi protocols to amplify trading volume, enhance price discovery, and provide utility that feeds back into the SMILE ecosystem.
DEX & AMM Integration:
Partner with leading decentralized exchanges to ensure SMILE is paired with ample liquidity. Integration with automated market makers and robust on-chain oracles will facilitate dynamic pricing and real-time adjustments.
Lending & Collateralization:
Explore listing SMILE as collateral on popular lending protocols. This increases utility, as token holders can leverage their holdings while simultaneously supporting overall market depth.
Cross-Chain Expansion:
Deploy bridges to connect SMILE across multiple chains, enhancing global accessibility and fostering a more interconnected DeSci community.
KPIs to Monitor: Trading volumes on DEXes, depth of liquidity pools, collateral utilization rates, and cross-chain transaction volumes.