Fiber Exchange — an all-in-one solution for trading tokenized stocks

Create your own stock/crypto pairs, provide liquidity, earn interest, receive governance tokens and fee deduction as a reward.

Fiber Exchange is the first project of the Fiber Financial Network. Our product solves the important problem within the crypto ecosystem — trading tokenized stocks on a decentralized platform.

Main issues of developing a decentralized tokenized stocks exchange

While developing the Fiber platform our main concern was the lack of liquidity and volume on similar platforms. Slowly but surely decentralized platform left behind the idea of tokenized stock pairs and left them for big centralized crypto exchanges. In Fiber Finance our team found a solution that is optimal for us as a platform and for our potential users:

Market-Making Program and Decentralized Governance

Which problems exactly will Market-Making Program (MMP) help us solve?

MMP is the core of our exchange. The environment that our team creates for market makers will allow us to provide enough liquidity and trading volume for any trading pair. After our community chooses a new pair for listing our financial department provides funds for market makers that will allow us to adopt any tokenized stock pair without price drops and reasonable liquidity. Therefore, users will have an opportunity to trade high liquidity assets, market makers will make sure the price of the asset moves in the range established by the stock market and everyone’s happy!

Liquidity pools vs Market-makers

Even though Liquidity Pools is basically an alternative for the traditional role of the market makers our team plans on implementing those two technologies on our platform. Combined liquidity solutions will allow our users to enjoy trading on Fiber Exchange.

But does the availability of the Market Making Program means that we are not using Liquidity pools on our exchange at all? No, it’s the opposite! Our team has decided to use both traditional market-making and liquidity pools with its automated market makers technology. On our exchange, you will be able to use on-chain trading with the liquidity pools and trading with the usage of layer-two solutions. The creation of liquidity pools for each trading pair will be a point of community or team voting for each and every pair separately.

Are there any rewards for liquidity providers?

The main rewards for liquidity providers would be the interest and fee deduction. Here is our fee deduction system:

Base fee — 0.2%

Level I provided liquidity volume — 10,000$ — 0.15% fee

Level II provided liquidity volume — 50,000$ — 0.1% fee

Level III provided liquidity volume — 100,000$ — 0,05% fee

10 days fee-free period — providing liquidity for more than 20% of the overall trading volume of the pair*.

Interest will be calculated for each liquidity pool separately. The most important variable for receiving high interest will be the volume of provided funds.

For our top-20 liquidity providers, we have a special reward - Governance tokens. The biggest liquidity providers will receive a proportional amount of the governance tokens that they can use in the future to vote on our governance platform or trade them with the other users.

Governance system on Fiber Financial Platform

Governance won’t be just a part of the Fiber Exchange. We are going to use the Governance System as an ultimate tool for decentralized and fair managing of the whole Financial Platform. There are plenty of ways to receive governance tokens (FIBG). But all the ways of receiving the tokens will require potential owners to participate in the life of our platform. It can be done by providing liquidity, participating in the public offering, helping with the community tasks, and simply buying the governance tokens from our exchange.

Important: FIBG tokens won’t be listed by our team as a tradeable asset on platforms other than Fiber Exchange. But if the community decides to do so we won’t be able to oppose.

Summary of FIB token

Our main token will be the FIB token that is going to be used as a native token of the Fiber network. The main use case of the FIB token will be paying for fees on the Fiber exchange and in-network payments.

Unlike FIBG token, FIB will be listed on the various decentralized exchanges after the token offering by our team.

Stay in touch with our team in our Telegram group: https://t.me/joinchat/P9SJ2-SxHbxkNGMy.

More information about our project on our website: fiber.finance