DEX Strategy for Liquidity Provision

DEX Strategy at Launch

• Initial Launch on Trader Joe v1: We will launch our liquidity pool on Trader Joe v1, leveraging its established user base and features.

Phased Introduction of New Pools

• Trader Joe v2.1 Concentrated Liquidity Pool: Next, we'll introduce a pool in Trader Joe v2.1 to take advantage of concentrated liquidity, enhancing efficiency.

• Expansion to Other Avalanche DEXes: Plans include extending to other DEXes like Pharaoh, supporting new projects and diversifying our presence within the Avalanche ecosystem.

Introduction of New Liquidity Pairs

• Diversification with Pairs like SHEN/USDC, SHEN/BTC.B: This strategy aims to increase SHEN’s trading volume and accessibility.

• Future Collaborations within the Meme Coin Community: We intend to collaborate with other memecoin projects, introducing innovative trading pairs to bolster the Avalanche memecoin ecosystem and create a dynamic trading environment.

This strategy is designed to ensure sustained volume and growth for the $SHEN coin, supporting the broader Avalanche memecoin ecosystem.

Community Participation in Liquidity Provision

• $SHEN holders are encouraged to contribute to liquidity pools. This not only supports the project but also allows them to benefit from the project's growth.

• As trading volume increases, so do the trading fees generated from the liquidity pools, offering an additional incentive for $SHEN holders who participate in liquidity provision.

$SHEN holders interested in liquidity providing should be aware of impermanent loss, a situation where the value of deposited assets changes from the time they are added to a pool, potentially leading to a reduced dollar value upon withdrawal. For an in-depth understanding of this concept, refer to Binance Academy's article on impermanent loss.