Canoe Finance
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Introduction to Canoe
🛶 Canoe 🛶 Canoe, sailing for a better MetaFi!

Canoe, the tool for MetaFi

Canoe Finance, previously MetaDEX, is a simple MetaFi integration with an upgradable SDK.
Contents
  • Industry overview
  • What is Canoe?
  • Customer profile
  • Addressed pain points

Industry Overview

The Canoe MetaFi toolkit

The Canoe Integration is an interoperable financial toolkit interface with a powerful SDK such as cross-chain, credit card, and lending functionalities. The Canoe Toolkit engine + DeFi aggregator provides a responsive and intuitive interface to seamlessly bridge between Web2 / Web3 portals with just a few lines of code.
Canoe is an open-source SDK powered by revenue sharing smart contract and decentralized front-end.
Integrate with Canoe modular components, without spending 2-4 months manually coding them. The features include:
  1. 1.
    Upgradable with full SDK support - Canoe is a composable SDK, not only integrating DeFi protocol but also CeFi services. Integrators are free to customize the financial services required by their own users.
  2. 2.
    Instant response by web components technology - Canoe's web components are compatible with React/Vue/Angular and are easy to use for developers while supporting the native browser component with better performance than mainstream plugin solutions.
  3. 3.
    Safety protocol by data separation architecture - The coed of integration is completely isolated and will not influence each other.
  4. 4.
    Liquidity by a professional market maker - The aggregated routing of optimal liquidity by Canoe's market makers.
  5. 5.
    Deposit and trade on time - Binance users can bypass the KYC/email process and can use a credit card to complete the deposit and top-up in one click.
  6. 6.
    Late aggregation of multi-asset cross-chain, multi-asset collateral lending, and other functional modules.
  7. 7.
    AMM introduces a dynamic constant function to re-peg the AMM function. Furthermore, MetaDEX AMM also introduces a condition function to determine the AMM function re-peg vector.

Customer Profile

The customer profile of Canoe is double-layered. As a B2B service, the business and its customers must be considered.
  1. 1.
    Metaverse/Gamefi platforms that...
  • are early-stage or game-focused metaverses who place less emphasis on token allocation.
  • operate with inefficient swap systems.
  • fail to educate users on required assets.
  • are without user-friendly deposit functions.
  • are without profit-sharing contracts.
2. Metaverse participants/gamers that...
  • do not have knowledge about the assets purchased themselves.
  • do not have an exchange account.
  • do not want to go through multiple websites to acquire funds.
  • own a credit card.
  • are looking for low slippage.
  • do not have lots of capital.

Addressed Pain Points

  • Canoe provides a service to platforms by allowing easy sub-interface integration into their website to allow them to focus on their product design.
  • This interface is intended to be backed by efficient AMM theory to maximize capital efficiency, an information section to educate laymen users about assets bought, and a profit-sharing contract to create a new revenue stream.
  • Customers do not need to sift through multiple websites to transfer funds and can perform swaps right on the platform's website.
  • Due to maximized capital efficiency, users will be able to deposit funds with very low funds and will be able to do so with the comfort of their credit card.
  • It reduces the liquidity mining costs set by the project to attract liquidity.
  • It improves the capital utilization of projects and market makers, and high-frequency trading will also bring more income.
  • It provides the best possible price for small trades when the trade using Canoe aggregator module.
Last modified 13d ago