Medium

DojoSwap

DOJO

<p>DojoSwap <a href="https://blockchainreporter.net/glossary/decentralized-exchange-dex/" data-type="glossary" data-id="21007">DEX</a> AAM has officially announced the launch of the DojoSwap Ecosystem Recovery Fund (DERF). It is a proactive measure designed to strengthen the ecosystem amid market fluctuations. The fund aims to provide a safety net during volatile times, including launchpad activities, sudden downturns, and unexpected market events. The platform announced this initiative via official X and Medium accounts.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">Announcing the DojoSwap Ecosystem Recovery Fund (DERF), a proactive initiative designed to fortify the ecosystem against market volatility.<a href="https://t.co/JUT8Q28eEX" target="_blank">https://t.co/JUT8Q28eEX</a></p>— DojoSwap | 1st AMM Dex on #INJ (@Dojo_Swap) <a href="https://twitter.com/Dojo_Swap/status/1809802727876374878?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 7, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="dojoswap-ensures-resilience-during-volatile-times-with-derf">DojoSwap Ensures Resilience During Volatile Times with DERF</h2> 
<p>The primary objective of DERF is to create a robust safety net for the ecosystem, prioritizing the support of $DOJO, DojoSwap’s main liquidity token, and tokens paired with $DOJO, such as $SUSHI, $BABYDOJO, and $DAOJO. This initiative aims to maintain stability and support during uncertain periods, ensuring the continuous growth and resilience of DojoSwap.</p> 
<p>To initiate the fund, DojoSwap has allocated $300,000 in $INJ and $500,000 in $DOJO, securely housed within the DAOJO Treasury. As part of the initial deployment, $50,000 in $INJ has already been used to support the recovery of $DOJO. This proactive approach underscores DojoSwap’s commitment to creating a bear-proof DeFi ecosystem, with further details to be released this week regarding the launch of Injera.</p> 
<p>The Ecosystem Recovery Fund will not only serve as a buffer for tough times but also as an attractor for future high-quality projects. By supporting new token projects paired solely with $DOJO, the fund aims to draw in ambitious projects that align with investor interests and enhance the overall quality and potential of the DojoSwap ecosystem.</p> 
<h2 class="wp-block-heading" id="continuous-growth-and-financial-resilience-through-strategic-revenue-streams">Continuous Growth and Financial Resilience through Strategic Revenue Streams</h2> 
<p>The fund is designed to grow continuously through various revenue streams, including fees accrued from DEX operations (trading fees), commissions from dINJ / dojo validator, revenue contributions from Injera (a high-yielding synthetic dollar protocol in Cosmos), and a significant percentage of the team’s DOJO supply continuously injected into the fund.</p> 
<p>Funds are transferred into the DAO, bolstering the ecosystem’s financial foundation. During mini-bull and bear market cycles, the fund will accrue yield via Injera, leveraging the synthetic dollar protocol to generate more yield and further strengthen DojoSwap’s ecosystem.</p> 
<p>The launch of the <a href="https://dojo.trading/" target="_blank" rel="noopener">DojoSwap</a> Ecosystem Recovery Fund marks a significant milestone in reinforcing stability and promoting growth within the DojoSwap ecosystem. By providing strategic financial backing and fostering innovation, DojoSwap is well-positioned to navigate market challenges and achieve long-term success.</p>

DojoSwap Launches Ecosystem Recovery Fund to Fortify Against Market Volatility

Table of Contents

BlockchainReporter

Other articles published on Jul 7, 2024

Qubetics Whitelist Rekindles Market Interest While Cosmos and Fantom Struggle to Uphold Investor ...

Qubetics Whitelist Triggers a Massive Quake in Filecoin and Gala’s World

South Korean Crypto Transaction Monitoring System Set to Revolutionize Market

Profit in the Bear Market: Surprising Strategies from a Market Expert

Is It Too Late To Buy HOPPY? Hoppy Price Surges 29%, And This Might Be The Next Crypto To Explode

Celsius Network Resurfaces With Creditor Lawsuit, Here’s What To Know

Join our free newsletter for daily crypto updates!