# Overview

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.

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