Joined March 2022
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goosefxoi

Single Sided Liquidity at Single Sided Liquidity
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Website: https://docs.goosefx.io/future-enhancements/ss-liquidity-provisioning

The idea for single sided liquidity provisioning comes from our experience and feedback using a plethora of various DeFi platforms. Many people have found themselves in the situation of holding a majority of crypto assets with the desire to contribute liquidity without having equivalent amounts of liquidity pool pairs to do so.

With our single sided liquidity provider approach, users will be able to provide liquidity with a single asset in the pool pair. To aid with liquidity matching and fee split calculations we are creating the GOFX Master Program.

The GOFX Master Program distributes rewards to liquidity providers based on the asset-to-asset ratio of the pool. The program calculations will ensure liquidity providers contributing to the less supplied asset in the pool pairing will receive a more favorable portion of the fee split.

Splitting the fees this way will create a consistent incentive to attract additional liquidity to the less supplied side of the pool pair. It should also assist with keeping the liquidity on both assets in the pool relatively equal.

This system solves the need for a 1:1 ratio of collateral put up by a single user to participate in liquidity provision. Users will also be able to maintain 100% exposure to a single asset while receiving liquidity provider rewards on previously unutilized digital assets.

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