Duck Liquidity Pool
Duck Liquidity Pool

Duck Liquidity Pool was pioneered by DuckDao, the world’s largest and most popular crowd-backed digital asset incubator. With DuckDaoDime (DDIM), we revolutionised the early stage crypto investment market. Next, we incubated and successfully launched some of the earliest DeFi projects in the space. 

As DuckDao moved from one step to the next, it became clearer that the yield farming industry and digital asset market making were not currently designed for longer term success of all involved stakeholders. Hence, we went back to the drawing board and built a DeFi market making solution that also provides a long term passive income to all liquidity providers. 

The Duck Token

The Duck Liquidity Pool is a DuckDAO DeFi Market Maker protocol that will provide an opportunity for yield farmers to take advantage of the new opportunities with real skin in the game. At the very core of the DLP is the “One-Sided Token Burn” (Unilateral burn) which is counterintuitive at first, because it burns 50% of the provided Liquidity. However, the high expected APY levels, access to 50% of profits from market making, airdrop of incubated project tokens and customised NFT campaigns can result in compounding of long term passive income. The Duck Liquidity Token’s ticker is $DUCK

Token Utility

The Duck Liquidity Pool is the name of the DuckDAO DEFI market maker. Funded by an initial sale of pre-mined tokens, the market maker will offer its services to projects and exchanges. Projects that are incubated by DuckDAO will be the first to benefit from this service, but it will become more widely accessible to public projects as time goes on.

Duck Liquidity Pool

Liquidity Providing

Contributing liquidity to DUCK and DDIM pools on the Liquidity Farms on our platform will be rewarded through the DLP.

Duck Liquidity Pool

Market Making Profits

Half of the market maker profits go back to the community through the liquidity pool, increasing your profit margin, based on recent DLP performance and popularity.

Duck Liquidity Pool

Other Rewards

DLP liquidity providers are eligible for additional rewards across the DuckDAO ecosystem. These can be NFTs, bonuses, airdrops, and more.

Yield Farming 2.0

powered by the deflationary unilateral burn mechanism

Duck Liquidity Pool

Starting mid 2020 yield farming platforms started their operations with proprietary tokens – and nearly all them lost value because of the massive inflation that happens when high returns are given. This can’t work out in the long term, which is why Duck Liquidity Pool researched and built the revolutionary “Deflationary Farming 2.0”.

One-Side-Burn means that you will lose one side of your liquidity. Yes right, you will never get it back! Why should you still do it then? Because the rewards you get from farming (staking LP tokens) are higher than what you have put into the liquidity after a certain time! Sounds quacky? 

This is the miracle behind protecting the DUCK token from inflation. Every time when someone leaves the Duck Farm, his provided liquidity gets burned and the supply of the DUCK token gets lower.

And not only DUCK token gets burned, also DDIM gets burned in pools like DDIM/ ETH, DDIM/USDT. Same mechanism.

It is always the ONE SIDE of the liquidity that gets burned to make the whole DuckDAO token system deflationary. And in the end everybody will profit from this! 

Duck Liquidity Pool

More Information

Find here the full Black Paper with more details about The Duck Farming and the Duck Liquidity Provider Pool.

Also join our Telegram community to stay up-to-date.

Frequently asked questions

The Duck Liquidity Pool was pioneered by DuckDao, the world’s largest and most popular crowd-backed digital asset incubator. With DuckDaoDime (DDIM), we revolutionised the early stage crypto investment market. Next, we incubated and successfully launched some of the earliest DeFi projects in the space. By incubating Base Protocol, we re-ignited the elastic supply token market.

As DuckDao moved from one step to the next, it became clearer that the yield farming industry and digital asset market making were not currently designed for longer term success of all involved stakeholders. Hence, we went back to the drawing board and built a DeFi market making solution that also provides a long term passive income to all liquidity providers. 

Contributing liquidity to DUCK and DDIM pools on the Liquidity Farms on our platform will be rewarded through the DLP. The LP (Liquidity provider) tokens are generated by Uniswap once you add liquidity to a DUCK-based trading pair. 

One-Side-Burn is a deflationary mechanism that destroys 50% of the carry pair whenever a liquidity provider withdraws their stake. It’s a way to ensure skin in the game and long-term liquidity from the liquidity providers. Liquidity providers need to stay involved for a longer period in order to start making profits. Please refer also to Deflationary Farming 2.0 above.

DLP liquidity providers have an opportunity to stake their liquidity and earn DUCK rewards over a long period of time. 

DUCK token farmers expose themselves to various rewards such as: 

  • Farming Rewards in our farms
  • Market-making profit distribution
  • Project token airdrops
  • NFT as rewards

The best place for DLP related information is to read through the Blackpaper, where you can find the Token Economics, Business Models, and other relevant information.

Read the short and to the point DLP Blackpaper here.