[RFP]: The Intergration of Polkaswap version of slipstream (Owari no nai nagare)

[porkchop315]

Proposal Due Date

06/01/2024

Proposal Overview

The primary objective of Slipstream is to add support for concentrated liquidity pools as an additional option on top of existing models in a way that uniquely leverages the flywheel.

combining token emissions with standard aggregated market makers.

Proposal Goals

If we can integrate our own version of this we can successfully vamp Uniswap for liquidity.Solving the lack of concentrated or deep liquidity on chain for the SORA economy.

Polkaswap will be the undisputed liquidity hub of Polkadot Mainnet, boasting the TVL . By combining the best of UniV2, Curve, and Convex into a single streamlined design, Polkaswap will make it easy for projects to build deep liquidity on their tokens and established itself as one of DeFi’s leading DEXs.

Scope of Work

This should not consume too much time since these type of protocols already exist thanks to other teams.

(https://github.com/velodrome-finance/slipstream)

Current Roadblocks and Barriers to Success

I don’t see road blocks but opportunities to leverage existing tech.
The smart contracts for the Slipstream Concentrated Liquidity contracts. It contains the core concentrated liquidity contracts, adapted from UniswapV3's core contracts. It contains the higher level periphery contracts, adapted from UniswapV3's periphery contracts.
The idea is pretty simple, instead of relying on our API for a structured data set of liquidity pool data, these contracts can be called in an efficient way to directly fetch the same data off-chain.

What normally would require:

fetching the number of liquidity pools
querying every pool address at it's index
querying pool tokens data
querying gauge addresses and reward rate
Takes a single call with sugar!

More importantly, the response can be paginated.

Main goals of this little project are:

to maximize the developers UX of working with our protocol
simplify complexity
document and test everything.

Evaluation Metrics and Criteria

Once Sora slipstream is deployed and integrated into all leading DEXs

Encouraging persistent LPing on Polkaswap in all market conditions

Incentivizing LPers to stake for XOR emissions, directing fees to stakers or validators.
Maximize emissions efficiency to drive optimal concentrations and rewards for liquidity providers
Maintain full protocol decentralization and transparency (no off-chain gauge computations)
The primary benefit of our Slipstream is to improve the capital efficiency of stable pools and less volatile assets.

Submission Requirements

AMM constant-product implementation similar to Uniswap V2 liquidity pools
Handles multi-pool swaps, deposit/withdrawal, similar to Uniswap V2 Router interface
Stores the liquidity pool trading fees, these are kept separate from the reserves
Provides router-related helpers, eg. for price-impact calculations
Registry of factories approved for creation of pools, gauges, bribes and managed rewards.

Submission Method

Blockchain: Mainnet

Project Due Date

07/12/2024

Budget Amount

This depends on the Development team. But since Velodrome & Aerodrome have done a lot of the work. This should cut down on time and expenses to create our own version