- 1 Basics
- 2 History
- 3 Token
- 4 Coin Distribution
- 5 Technology
- 6 Privacy Method
- 7 Compliance
- 8 Oracle Method
- 9 Their Other Projects
- 10 Governance
- 11 Upgrades
- 12 Roadmap
- 13 Audits
- 14 Usage
- 15 Competition
- 16 Pros and Cons
- 17 Team, Funding, Partnerships, etc.
- 18 (:
- Based in:
- Started in / Announced on:
- Testnet release:
- Mainnet release: 29-3-2021
- Automated market maker (AMM) designed with a baked-in order book.
- Launched on 11-6-2021.
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on: Ethereum
How it works
“Whenever another exchange tries to beat us with better liquidity, we mirror this liquidity onto ourselves until we regain the world’s best liquidity again. This process can be thought of as a continuous vampire attack until all world liquidity is integrated by us.
Integral will mirror snapshots of Binance’s order book onto the AMM to artificially create depth accompanied by Uniswap’s (delayed) prices. By doing so, Integral can experiment with different price curves relative to other AMMs.
Integral expects to be a home for whales, at least for the time being, given the need for liquidity to on-board to the exchange.
"Integral uses Uniswap’s own price oracles, but with a five-minute delay. The team thinks the time delay will decrease instances of impermanent loss, where assets contributed to a DEX’s pool bleed out value. That bleeding is the result of how AMMs quote prices – by balancing asset reserves against one another and having arbitrage traders add or remove assets based on price movements off the exchange. This rebalancing, in certain situations, can lead to LPs losing value instead of gaining it. It’s thought a time delay will force traders to other platforms while still offering competitive prices."
Their Other Projects
- Can be found [Insert link here].
- Bug bounty program can be found [insert here].
"The protocol’s asset pools have attracted $239 million."
Projects that use or built on it
"Integral’s team members think their design can not only quote better prices but provide fairer returns for liquidity providers (LPs)."
Pros and Cons
Team, Funding, Partnerships, etc.
"Built by four Harvard friends and a cast of industry bigwigs. The founding team of nine, which has requested to remain nameless, is being advised by Polychain Capital founder Olaf Carlson-Wee, Gauntlet founder Tarun Chitra, Compound Finance founder Robert Leshner and Framework Ventures co-founders Michael Anderson and Vance Spencer."
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