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.
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