Asymmetric Deposit: Sentre’s Take on One-sided Token Pooling

To aid users in reducing fragmentation while depositing liquidity, Sentre adopts the concept of Asymmetric Deposit.

The downsides of two-sided token pooling

  • Opportunities lost due to not owning one of the two tokens.
  • Difficulties when depositing because of the need to balance the amount of two tokens according to preset ratios.

Asymmetric Deposit: The Future Solution

Noticing users’ inconvenience while participating in two-sided token pooling, Sentre decides to adopt the Asymmetric Deposit solution.

Simply put, liquidity providers can choose to deposit liquidity even on one-sided token pooling. When they do, the algorithm will automatically simulate the swap on the current pool to balance the amount.

As the following procedures such as depositing and returning LP tokens are also automated, Sentre calls this model the Simulated Single Exposure.

With an Asymmetric Deposit, liquidity providers can:

  • Start depositing with only one type of token (and hold other ones for the right timing, for example).
  • Easily deposit without caring about proportions and ratios.

Pairing Asymmetric Deposit with Sentre’s high liquidity environment together, liquidity providers will acquire high exchange fees and farming rates. With these measures, the impermanent loss should be considerably covered.

Learn about Sentre and win a total of 40,000 SEN

Started from 18 October, the education series “DECODE SENTRE” is gathering attention with the following activities:

- Newbie walk-through tutorials on Sentre and its features.

- Got questions? Get your answer with the Sen Team.

- A total of 40,000 SEN rewards coming your way if you stick with us till the end of the week!

What you have to do:

  1. Follow Sentre’s Twitter, Telegram channel and Telegram Announcements.
  2. Share at least 3 posts in our DECODE SENTRE series with the following hashtags: #Sentre, #Quiz, #Airdrop
  3. Complete our quiz (to be opened at 0:00 UCT 24 October)

Only 2 day left before the Quiz takes place. For more information and updates, follow us at:

Website | Twitter | Discord | Telegram | Medium

--

--

--

All-in-One Solana Open Platform with DApps Store and Universal Protocol for Liquidity

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Particl MLSAG + Bulletproofs Security Audit Results

Community Update — August 2020

ICON: BinanceKR joins MyID Alliance, Delegation Program and the CPF Paper, Live AMA with Ricky…

{UPDATE} Learning School Driving Academ Hack Free Resources Generator

Y2K Bug in 2022 and More ? Newsletter — Issue #1

$1,000,000 Safuu Treasure Pit Quest!

Whisper is a brand new secure messenger that doesn’t have ads and is completely secured by…

{UPDATE} Simulator Virtual Boyfriend Hack Free Resources Generator

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Sentre Protocol

Sentre Protocol

All-in-One Solana Open Platform with DApps Store and Universal Protocol for Liquidity

More from Medium

Sentre Protocol Won Wormhole Silver At Convergence Hackathon

Evrynet: Who’s who in 2022!

Plena Integrates With BNBChain

Plena Integrates With Binance Smart Chain

TEN X LENDrop!