🐋Whales Vaults
Definition
🏦 Vault is a repository of different shark wallets conceptualized in our system that have several distinct properties and functions. Here's an overview:
Types of Vaults
There are two primary types of Vaults:
• Spot Vaults: These are optimized for cryptocurrency swap operations. They possess specific options that influence how swaps are executed, such as which tokens are ignored during swaps and price checks before buying. For Spot Trading, Godex.ai uses Odos DEX Aggregator to perform spot trades.
• Leverage Vaults: These are optimized for leveraging operations in the crypto context. They possess specific configurations like the profit-sharing fee, which indicates the percentage of profit allocated to the vault creator. To perform future trades, ApolloX is implemented.
Uniswap V2’s user-friendly codebase has been widely adopted and adapted, influencing numerous networks and derivative projects like Solidly. However, its requirement for liquidity to be added or removed in strict 50/50 ratios has led to a less-than-ideal user experience. In cases where users provide imbalanced ratios, the excess is forfeited, resulting in fewer LP tokens during minting or an enforced 50/50 split upon burning. Godex improves this by accepting any ratio of tokens, converting them efficiently into the most advantageous LP tokens in a single transaction.
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