Liquidity has always been a crucial issue in the world of DeFi in general. Ekubo employs a concentrated liquidity model, utilizing its unique designs to harness the benefits of Starknet. Ekubo Protocol envisions providing the best trading experience with the lowest fees.
- Gas Fee Optimization: Ekubo is built to save transaction fees. It functions like a store where you can purchase multiple items at once but only pay one shipping fee. Instead of having to pay a separate package fee for each item you buy, Ekubo streamlines this process, allowing you to pay a single fee for all, thus saving costs for you.
- Concentrated Liquidity: Liquidity providers can select specific price ranges to offer their assets. This benefits traders as they can access better prices due to increased liquidity within these price ranges.
- Extensions: Ekubo enables third-party developers to create new liquidity pools without requiring approval. This facilitates the addition of new features such as connecting with oracles, which are data sources that assist in price updates or data.
For me, Ekubo Protocol still carries risks as the project is relatively new. However, Ekubo's development is rapidly progressing and has already captured a significant share of the trading volume within the Starknet ecosystem. It can be said that Ekubo Protocol has made swift strides in a short period. Nevertheless, this is still the early stage of Ekubo's development, so there may still be unresolved issues. Show Less
