LiquiFY-X DeFi Liquidity Provider - ChartPicasso

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Generational DeFi Liquidity Provision Plan by Written by Marcelo Muianga @ChartPicasso Reviewed by Elliot Patterson 1 Generational Decentralized Finance Liquidity Provider  In the fast world of evolutionary decentralized finances such as the revolutionary Bitcoin a very common term has gained immeasurable importance – Liquidity!  Liquidity is the biggest market driver known to decentralized assets  Liquidity can make or break an asset  With this simple notion we understand that those who will lead the market into the new era of financial ecosystems will be Liquidity Providers. 2 DeFi Liquidity Provider for the new generation of financial assets  LiquiFX / LiquiFY / LiquiFY-X is the first of its kind Liquidity Provider for DeFi (Decentralised Finance) assets and technology.  Our primary focus will be to actively engage in the revolutionary ecosystem of Decentralized Assets  We will be at our core providing liquidity to promising decentralized assets, especially those run on top of Blockchain Technology.  We will bridge the void between buyers and the underlying decentralized assets without disrupting the natural flow of the intrinsic asset value. 3 How will Liquidity be provided?  We plan to scour the market for grey areas of liquidity with almost zero liquidity and supply the necessary funding to create value assets.  We will look to be a provider of Liquidity into lending pools within various cryptocurrency exchanges.  Group pooling is the financial system of the future and we will engage in unique and promising tokenomics that employ this technique. 4 Citadeli – Token of Investment  Citadeli is the first of its kind investment token where participants can pool resources and invest in various projects. This is the first ever LiquiFY-X product offer  There will be an investment period where member can enter and a distribution period where member get a split of all profits generated during the investment period  Holders of Citadeli can take out loans within the pool capped at 50% their own pool hold to back their loan, this is the only way each user becomes eligible to dividends  Members not wishing to take loans can delegate their funds to other ends, such as trading, technology acquisition short and long term investment strategies such as staking and yield farming. 5 Citadeli – Investment Intervals  Every pool will run for a year – yet a pool may start anytime in the year should members of an already running pool not wish to receive new ones thus new members may choose to start a new Citadeli pool.  8 months will be set for weekly investments, loaning sessions and trading periods and 4 months of trading, loan repayments and return of all external assets into the pool to define either the loss or gains of said pool.  During the last 4 months there will be no more loans given out only investment into the pool are allowed until 1 month before the last pool date. 6 Citadeli – Investment Intervals  Loans and investments dates will be set on an agreed date by all members, possibly weekends  During a span of 48h window only pool members may request loans or add to their holdings by buying more Citadeli. Depending on pool size and needs this window may be smaller  During said period members may also decide to withdraw their holding if eligible, if this is done before the end of the pool cycle the member does so without gains, thus voiding any gains they may have generated directly and indirectly to the remaining pool members 7 Citadeli – Pooling & Loaning  Citadeli supply is currently held within Crypto Citadel IOST account cc888  We intend the test process to go into the Genesis Pool on Crypto Citadel Node account cc888, this account will be the main point of investment  The flow of the token into the pool will be as follows:  External account requests Citadeli by sending 20000 IOST for 1 Citadeli (this may be done in a direct request, by a website in future, it may also be done by an exchange – OTB Trade). This price may rise or drop depending on the overall pool performance. As more and more holders enter and exit they may add or reduce the value of Citadeli. 8 Citadeli – Pools  Citadeli Pools can take any size and form with governance to suit any pool, the only common denominator is Citadeli token.  Citadeli is not limited to the Genesis Pool, new and existing members may run their own pools set their own Citadeli price and draft their own governance rules.  At the end of the day it is all about adding value to each Citadeli holder by effectively working together. 9 Citadeli – Pooling & Loaning  The pooled IOST then gets invested in various projects as decided by the whole  Members of the pool may also request loans against their IOST holding capped at 50% by returning X amount of their Citadeli for equivalent Y amount of IOST in a loan repayable into the pool at 10% monthly  Failure to return the loan in a timely fashion incurs deductions into the member remaining holding until the user has either 0 holding or returns the initial loan 10 Citadeli – Claiming & Dividends  All members of the pool are eligible for dividends only and only if:  Member must take a loan 50% equivalent to their holding e.g. a member worth 1 Citadeli/20000 IOST needs to take a compulsory 10000 IOST loan during the cycle of the pool. Should a loan not be taken by a pool member they will have their pool holding returned at the end of the pool cycle with no dividends on cycle profits  The member is a verifiable holder of Citadeli and has joined the pool by interacting with the Crypto Citadel Genesis Account cc888 11 Citadeli X-Pool  X-Pool or cross pooling is a second layer of borrowing  With X-Pooling a newer pool with limited funds may request funds from a larger pool with funds to spare at a premium rate of 5% interest monthly colaterised by the whole requesting pool asset  X-pooling can only be requested in one direction by a smaller pool from a bigger older pool to ensure the loan is recovered in a timely fashion and thus creating a balance in the Citadel Market as a whole, since this is requested in cc888 account can be done seamlessly by recording an agreement between the pools 12 Citadeli – Claiming & Dividends  Members have to present their Citadeli Token during the close of the pool cycle  Any member is free to do as they please with their Citadeli and this includes any forms of trading and passing it over to other users  Failing to produce the equivalent Citadeli to the members known holding will irreversibly void the equivalent of the missing chunk of the pool member IOST holding  All dividends will be paid in equal ratio to all pool members in accordance to their gross holding 13 Citadeli – Early VS Late Holders Day 1 Member & Under 6 Months Cycle Entrants Full Divs Mid Cycle Entrant Full Divs – (50% of Full Divs) Late Cycle Entrant (Full Divs – (Full Divs / 365)) * Participation Days  Under 6 month Citadeli holders benefit fully  Mid Cycle entrants will have 50% reduced from their possible max div payout.  Post 6th month holders will have their max divs divided by 365 and paid only the period of participation.  The excess generated from this balancing formulas will be split among early holders. 14 Citadeli – Risk vs Return High Return High Risk High Leverage Trading Uniswap ICO & Pre-sales RISK Technology Acquisitions VS Low Return Low Risk RETURN Loans Node Voting Staking Stock Market Trading Stablecoin Softstake 15 Citadeli – Token Purchase Flow Crypto Citadel Node Account OTB Trade Pool Member *OTB trade fees at 0.2% per transaction to be considered 16 Citadeli – IOST Loan Flow 50% Token Hold or Less Returned to Node Account for Loan Crypto Citadel Node Account OTB Trade Pool Member 50% IOST Hold or Less Loaned *OTB trade fees at 0.2% per transaction to be considered 17 Citadeli – Basic Loan Example Crypto Citadel Node has a pot of 100000 IOST Citadeli Token is the only verifiable way a member is known to the pool and cannot in any other way claim a loan Member has 2 Citadeli each worth 20000IOST, sends 1 Citadeli back to Node, receives 20000 loan @ 10% monthly 18 Citadeli – Chart Behaviour • Citadeli is designed to gather pool members at fixed price, the urge to shape the market by members will lead to the following: • Holders of Citadeli may sell their holding for any price they wish – possibly forfeiting cycle end dividends. • Dividends will be paid at cycle end to members who decide to hold their Citadeli during pool cycle, these can be identified by scouring the blockchain at any given 80000 moment 70000 60000 50000 Pool Price 40000 Market Price 30000 Dividends 20000 10000 0 Citadeli 19 Citadeli – 50% of 50% of 100% • Price will always have 3 components • 1 – Actual Price • 2 – Future Price • 3 – Past Price • Liquidity providers are worried of being players of both sides at all times. 160000 • We suggest that assets should always balance at 50/50 fashion from any Future and Past price action at any given time 140000 120000 100000 80000 Price 60000 50% Up 40000 50% Low 20000 0 Elastic Asset 20 Citadeli – Human vs Bot  Although a fully automated financial system is the wish of every user there is no denying that behind the biggest trades in history there was the undeniable presence of human decision  The best example we can give of a life changing or wrecking trade is the Bitcoin Pizza trade whereby a purchase was executed to completion by a human  Citadeli will consider bot interaction but will rely heavily on the knowledge and astute keenness of human decision to pinpoint products that may provide life changing opportunities 21 Citadeli – Grants  Citadeli Grants TM is a branch dedicated to supporting new projects, businesses and ideas.  Grants in the form of crypto funding, knowledge sharing, technology facilitation are offered to promising projects.  This will help empower crypto community members from all walks of life and help stamp the solidariety spirit within LiquiFY-X, Crypto Citadel and Citadeli. 22