In Phase I, introduce veWAVE, the platform's future governance token.
Governance Voting for Community Decisions will be opened as a bi-weekly gauge voting for over 30% of total emissions.
A fee distribution system will be implemented for veWAVE holders.
In Phase II, introduce the ability to place limit orders on-chain via the Wavelength protocol, as well as the launch of the Linear Pools Integrated with the receipts of lenders of the upcoming Amalgam lending platform.
Linear Pools will allow users to collect yield from a lending platform and the Wavelength DEX while improving the Wavelength Platform's capital efficiency.
Implementing Limit Orders will allow users to set Buy and Sell orders on the WaveLength platform. The goal here is to improve the User Experience (UX) for Wavelength users and thus further solidify its user base.
In Phase III, Wavelength aims to provide Concentrated Liquidity Pools on the Wavelength platform, bringing a more robust offering for traders and liquidity providers.
Wavelength stable swap will be overhauled to improve its efficacy, enhancing capital efficiency by reducing liquidity requirements for low slippage trading allowing for greater utilization of the Wavelength pools.
Concentrated Liquidity Pools
Concentrated Liquidity Pools allow for lower slippage for variable exchange rate token trading while allowing users to choose which ranges they want to be exposed to Impermanent Loss and collect higher yields when their LPs are active and used for trading.