Read Plato farm's eplato and the reason for its high premium

at present , Farm type meta universe project Plato Farm, And LAAS agreement Elephant Swap Expand cooperation , hold Plato Farm Ecological pass for PLATO Investors 、 Community users , Will be able to pass through Elephant Swap according to 1:1 Cast in proportion to ePLATO. And in terms of price , Currently through PLATO Cast ePLATO, In terms of price, it is PLATO Of 17 times （ A conservative estimate ）, Let a lot of PLATO The holders of can get quite generous profits in the bear market .

Elephant Swap Itself is a LAAS agreement , In essence, it can provide liquidity for many encrypted assets , that Elephant Swap Why can it be so magnified PLATO The value of ？

This paper explains many concepts in detail , If you want to know directly ePLATO, Please read the following paragraphs directly The second part —“ With ePLATO For example , Talk about it Elephant Swap And the potential arbitrage opportunities ”

adopt Elephant Swap Cast ePLATO What is it? ？

1. Let's talk first LAAS And Elephant Swap

Liquidity is the value base of encrypted assets , Of course, it's also DeFi The foundation and lifeblood of , Only liquid money can bring more profits and potential value . stay DeFi After the summer , By motivating , Attract investors to deposit idle funds into the capital pool in the form of liquidity mining , Bring further liquidity to the agreement , This approach usually involves the spontaneous participation of fund holders through incentives .

and LAAS（ Mobility is service ） It is through self construction of liquidity , And for other projects 、 Agreements or encrypted assets provide liquidity . These emerging agreements , By launching liquidity services, all potential liquidity demanders can , Get liquidity directly , There is no need to build a liquidity pool to attract others to provide liquidity . So we see , Liquidity gradually began as a service , is DeFi The world spreads . It means , quite a lot DeFi The agreement will no longer need to distract from liquidity , They can focus more on the logic of their business , At the same time, it can further avoid the potential risks brought by its own liquidity construction （ Contract safety, etc ）.

 

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It's like we want to open a brewery , Previously, villagers have been hired to fetch water from wells at high prices in the form of dispersion , And often face the situation of water supply in short supply （ The previous liquidity mining mode ）, And soon a dealer came to the village , It first continuously collects the villagers' well water , Concentrated water supply to the brewery （LAAS service ）, In this way, the brewery can obtain sufficient water and the cost may also be reduced .

Elephant Swap Itself is LAAS On the track , Projects with relatively innovative mechanisms . before ,Olympus A fellow LAAS project , Users can use LP Token Or other such as ：DAI、wETH And other single currency assets , Buy... From the agreement at a discount OHM（ Users cannot redeem ）,Olympus Focus on these LP（ Liquidity voucher ）, This is easy to cause unilateral market or OHM When prices fall sharply ,Olympus Sell off LP The risk of a run （ It's like UST like that ）.

Of course Olympus Only provide liquidity for fixed projects , He is not open to all projects . and Elephant Swap They don't know the mobility of users , By way of 1:1 Cast redeemable eToken Make liquidity , Always in the hands of users . At the same time, any is Elephant Swap Provide mobile users , Can get a lot of benefits .

2. With ePLATO For example , Talk about it Elephant Swap And the potential arbitrage opportunities

So the way to provide liquidity early ,Elephant Swap And Olympus There are essential differences .Elephant Swap A new mechanism is designed to realize the value-added Protocol , Ecological flagship Tard-to-earn, Through a variety of forms of income to continuously promote users to provide liquidity and value for the ecosystem .Elephant Swap Open to any project , Launch the project Elephant Swap after , The holder of the asset can transfer the original Token Pledge into the pool ,1:1 Cast locked eToken, And through Elephant Swap In order to unlock eToken, Usually eToken The value of is much higher than the original Token.