👋Overview

Hercules, the CamelotDEX model design on Metis through a friendly authorized fork.

With a composable, efficient liquidity protocol featuring seamless swaps, staking, real yield, sustainable emissions, and a launchpad, Hercules aims to become the native liquidity layer for the Metis Andromeda network. Its flexible features are tailored to protocol-owned liquidity, allowing dynamic fees and customizable incentives packaged in a user-friendly interface.

The platform is powered by Camelot's feature-rich AMM design, the leading DEX on Arbitrum. Both teams are committed to setting the foundation by creating a vibrant and thriving DeFi ecosystem.

Hercules Features in Brief

• Dynamic AMM (dAMM): Support for volatile pairs based on the usual UniV2 model, and at the same time support for correlated assets like stable pairs.

• Concentrated liquidity (clAMM) complexity abstraction: Greater adoption of clAMM through simplified integration into the DEX flywheel.

• Liquidity position NFTs: Yield-bearing Non-Fungible Staked Positions (spNFTs) that offer an extra layer of composability for greater capital efficiency.

• Swap referral: The platform offers a whitelisted referral system to share swap fees with partners/integrators.

• Sustainable emissions model: Two tokens, TORCH and xTORCH, plus revenue sharing and dynamic fees, enable Hercules' sustainable tokenomics.

• Directional swap fees: Customize swap fees depending on the direction (buying or selling) to best suit protocols strategies seeking sticky liquidity.

• Customized launchpad: A custom-built platform offering several token launch strategies: fair-launch, referrals, discounts, airdrop, hard-cap, whitelist, etc.

• Deflationary mechanisms: xTORCH's natively integrated burn mechanism and TORCH buybacks benefit the long-term growth and sustainability of the protocol.