Innovative Solana-based DEX Meteora Leveraging DLMM Technology for Optimized Trading Lists New EPCT/USDC Pair

ELSOUL LABO B.V. (Headquarters: Amsterdam, Netherlands, CEO: Fumitake Kawasaki), operating under Epics DAO, is dedicated to supporting open-source development through its socially contributive Web3 NFT card game on the Solana blockchain. In a recent development, the

USDC issued by Circle have been newly listed as a trading pair on Meteora, a decentralized exchange (DEX) based on the Solana blockchain, leveraging innovative DLMM technology for optimized trading.

Please note, this article does not serve as investment advice. The information presented is accurate as of the time of writing. Readers are encouraged to verify the latest information and always practice NFA/DYOR.

Meteora: A Solana-based DEX Enhancing Trading with Innovative DLMM Technology

Meteora, which is currently in its open beta phase, is a decentralized exchange (DEX) operating on the Solana blockchain. It introduces a Dynamic Liquidity Market Maker (DLMM) system that offers real-time dynamic fees and precise concentrated liquidity to liquidity providers (LPs).

Key features of Meteora's DLMM system include:

• High Capital Efficiency: By concentrating tokens around their current market value, the DLMM system supports high trading volumes with minimal liquidity requirements.
• Zero Slippage: Enables token swaps within active bins without any slippage or price impact.
• Dynamic Fees: LPs benefit from dynamic swap fees, especially during periods of high market volatility, to compensate for potential temporary losses.
• Flexible Liquidity: LPs have the ability to tailor their liquidity distribution according to their strategies, with options including spot, curve, and bid-ask distributions, among others.

DLMM Overview: https://docs.meteora.ag/dlmm/dlmm-overview

The introduction of the EPCT/USDC pair on Meteora's DLMM pool allows users to engage in swap transactions with the pair on Meteora and earn fees as liquidity providers.

Access the Meteora EPCT/USDC DLMM Pool at: https://app.meteora.ag/dlmm/Bvuxt4bprNYt5bgGXy2MKi5YTbakj6CJvwpfYXWePqVW

Additionally, liquidity providers for the EPCT/USDC pair are eligible for Meteora's token airdrop event. Further details are as follows.

MET Points Event for Liquidity Providers (LPs) – 10% Token Airdrop

Liquidity providers for the EPCT/USDC pair can earn MET Points at the following rate (calculated once every 24 hours; a position held for over 24 hours is recommended for eligibility):

• 1pt per day for every $1 in total value locked (TVL)
• 1000 pts per day for every $1 in fee rewards earned

MET Points will determine tiers for liquidity providers, with a corresponding 10% airdrop of Meteora DAO tokens based on the tier system.

For detailed information on the 10% LP Stimulus Plan, please refer to the governance vote by Meteora DAO at: https://proposals.meteora.ag/t/10-lp-stimulus-plan/9

About Epics DAO

In recent years, high-quality open-source software, provided mostly for free, has been adopted by 97% of companies. However, many projects are volunteer-driven, leading to funding and resource shortages that often result in inadequate maintenance. As a result, more than half of the world's software is at serious security risk.

The Epics platform integrates three crucial resources for projects: development, funding, and PR, in a new way. This platform promotes collaboration among community members with different roles, such as developers, investors, and public relations activists. The goal is to strengthen support for open-source software development, ensuring sustainable development, global software security, and further quality improvement.

Epics introduces a new economic system that provides different coin rewards based on the user's contribution method (development, investment, PR), offering various NFT cards according to the job. This environment encourages users with different roles to support each other's achievements. Users can enjoy obtaining and opening card packs, trading cards and packs in the market, and participating in competitions as they like.

Playing and enjoying on the platform creates a sustainable open-source development environment and contributes to solving social issues, realizing a virtuous cycle. This is the effort of Epics DAO. Everyone can cooperate in various ways in this initiative. We look forward to your participation. For more details, please check the official Discord.

Epics DAO Official Discord: https://discord.com/invite/GmHYfyRamx