TVL > 100K
What is AutoShark (JAWS)?
AutoShark was a decentralized application founded in 2021. It’s a first-of-its-kind Cross-Chain hybrid automated market-maker (AMM) and yield optimizer. The protocol works on top of the Binance blockchain. Technically, it’s a fork of PancakeBunny. The protocol features a platform token called JAWS. There is another token called FINS that is used for liquidity farms and rewards. ATLAS is the third one, used as a reserve currency to boost the stability of the system. It is connected to the Atlants protocol – a decentralized solution designed to grow liquidity while boosting the rewards of the protocol's users.
Who are the founders of AutoShark (JAWS)?
There is no currently available information on the team that founded and developed AutoShark.
What makes AutoShark (JAWS) unique?
It’s the first Cross-Chain-Hybrid Automated Market-Maker and yield optimizer solution. AutoShark features zero transaction fees for some pairs. It was also the first AMM solution with gamified NFT experience on the market. There is a complex unique farm white-list feature that allows only certain partners to vault the farms. The emissions of yield optimizers will be converted into Liquidity Pool holdings. These measures will reduce sell pressure across the whole system. The tokenocomics of the platform are quite complex: there are 3 currencies – JAWS, FINS and ATLAS. $FINS is used in the liquidity farms, for trade mining rewards and pools. It is the token that powers the DEX/AMM part of the platform. JAWS is the one that powers the yield optimizer. The third one, ATLAS, is used as a reserve currency and is based on the Atlantis protocol: an OlympusDAO fork with sustainable mechanics and inhouse yield optimizer.