coreDEX
Disclaimer! This section can change at any time due to changes in the protocol structure. This section paints a broad picture of the initial vision for CORE Finance and is not to be considered as a binding roadmap.
CORE Finance is developing coreDEX which is a next-generation Automated Market Maker (AMM) which relies on Future LP tokens and more innovative solutions. This product aims to create a market inside of CORE under which users can buy and trade their upside from farming.
In order to create a premium product new ways of collecting and processing data were needed so CORE made a token standard that surpasses the capabilities of the ERC-20. Analyzing the ERC-20 standard, revealed its deficiency to collect information thus CORE improved on this by creating the ERC-95. The newly developed ERC-95 standard proposal allows wrapped tokens to keep track of volume adjusted pricing, on chain. The major difference between CORE and other token standards lies in the fact that this system collects data live from the blockchain that is trustless because of the incredible cost that manipulation implies.
The competitive landscape heavily relies on centralized oracles to provide data about liquidity and volume creating a gap that is inefficient, can be susceptible to exploitation and prone to error. The goal is to establish an environment rich in information which can be used to react to different market changes and power the future decentralized on-chain economy.
CORE is well positioned to adopt and improve on all other yield generating mechanisms in DeFi with on-chain data-supremacy, and with the feedback loops & networking effects of our ecosystem.
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