The aggregation of decentralized exchanges refers to the process of pooling liquidity from locations in order to provide users with the best possible price for their trades. By routing trades through multiple DEXs, aggregators like Sigmadex can reduce slippage and increase the chances of obtaining a much better deal. This is particularly important in the world of decentralized finance (DeFi), where liquidity is fragmented across multiple DEXs and other chains. We use sophisticated algorithms to route trades in real-time, taking into account factors such as liquidity, fees, and price impact while also incorporating a unique reward element that allows users to further benefit well into the future.
Our Pivot in Business Model
By pivoting and adapting, we are able to avoid wasting resources on a failing strategy and ultimately increase our chances of success. Pivoting is a crucial element for any startup as it allows entrepreneurs adapt to a rapidly changing market, customer needs, and emerging trends. It enables us to remain relevant, competitive, test new ideas, and identify a sustainable business model for the future.
Our goal is to become a market-leading DEX by building a solid multi-chain foundation, then continually enhancing our product stack with other innovative ideas. By delivering features for users and third party partners we believe there will be many reliant on our technology while also maintaining decentralization’s best principles, like self-custody, equitable governance, & permissionless trading.
Low Barrier to Entry
Sigma Labs is working on creating a practical educational series to assist with the on-boarding of new users into the ecosystem. Tools such as The Sigma Academy, will help push sideline speculators become part of the next financial revolution known as DeFi. DeFi is a relatively new and complex concept that requires a certain level of knowledge and understanding to use effectively. By providing education on the principles and benefits of DeFi, individuals can learn about the decentralized nature of the ecosystem and its potential to revolutionize traditional financial systems. Educating users on the risks associated with DeFi, such as impermanent loss and smart contract vulnerabilities, is also important to help them make informed decisions. Overall, education is key to ensuring that users have a positive experience and are able to navigate the DeFi space confidently.
Gamified Incentives for Early Adopters
Gamification is a powerful tool that will drive early adoption for Sigmadex and future applications. By adding game-like elements such as rewards, challenges, and leaderboards, we believe we can make the experience more engaging and enjoyable for users. This will increase user motivation and create a sense of competition, resulting in increased user retention and engagement. The key is to integrate gamification in a way that is meaningful and adds long term value. By leveraging gamification techniques, early adopters can be attracted to the project and become encouraged to continue using it.
Just like traditional business organizations, all Sigma products must work on scaling operations without depleting treasury resulting in a necessity in revenue generation from multiple areas. As a result, we've redesigned our business model to promote sustainability in all areas of its business while focusing on scale.
At this time, Sigma Labs is assessing the finalization of its development schedule to establish a precise timeline for the public launch of its aggregator. Subsequently, the organization intends to introduce the SDEX token through a unique liquidity injection model that differs from conventional approaches with more precise details to commence.