Platypus invents a whole new AMM on Avalanche - Open liquidity single-sided AMM managing risk autonomously based on the coverage ratio, allowing maximal capital efficiency. The key concept underpinning Platypus’ design is&nbsp;asset liability management (ALM). Platypus is the&nbsp;first of its kind&nbsp;to use a single-variant slippage function instead of invariant curves. In Platypus, users can deposit and withdraw tokens of the same kind without concern of pool compositions or size, or even the difference between token and LP token.Lower SlippageThe Platypus's open liquidity pool design enables higher capital efficiency and lower slippage rate comparing with other stableswaps.Higher ScalabilityFlexible pool composition allows each asset to scale naturally based on its organic supply.Better User ExperienceYou can always deposit and withdraw token in the same kind, without worrying about the pool compositions or pool size.

Platypus x Avalaunch—IDO Announcement

Platypus Official Twitter IDO Announcement

Platypus IDO pool on Avalaunch

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<h3>The Platypus Finance IDO on Avalaunch</h3>Registration Schedule:<ul><li>Registration Opens:&nbsp;December 9th at 3:00 p.m. (UTC)</li><li>Registration Closes:&nbsp;December 12th at 6:00 a.m. (UTC)</li></ul>Sale Schedule:<ul><li>Validator Round Begins:&nbsp;December 13th at 6:00 a.m. (UTC)</li><li>Validator Round Closes:&nbsp;December 13th&nbsp;at 3:00 p.m. (UTC)</li><li>Staking Round Begins:&nbsp;December 13th&nbsp;at 3:30 p.m. (UTC)</li><li>Staking Round Closes:&nbsp;December 14th&nbsp;at 6:00 a.m. (UTC)</li></ul>How to participate<ul><li>In order to participate in sales on Avalaunch, you must register and pass KYC first. You can still stake and earn XAVA without registering;</li><li>Once you have registered and submitted your KYC, you must verify your wallet. This is the only wallet you will be able to use for sales;</li><li>By staking any amount of XAVA, you earn allocation in IDOs. If you do not want to participate in sales, you can still benefit from staking;</li><li>During the registration period, you must confirm your interest in participation. Once registration closes, you will not be able to register until the next sale.</li></ul><h3>About Platypus Finance</h3>Platypus invents a whole new AMM on Avalanche - Open liquidity single-sided AMM managing risk autonomously based on the coverage ratio, allowing maximal capital efficiency. The key concept underpinning Platypus’ design is&nbsp;asset liability management (ALM). Platypus is the&nbsp;first of its kind&nbsp;to use a single-variant slippage function instead of invariant curves.In Platypus, users can deposit and withdraw tokens of the same kind without concern of pool compositions or size, or even the difference between token and LP token.Lower SlippageThe Platypus's open liquidity pool design enables higher capital efficiency and lower slippage rate comparing with other stableswaps.Higher ScalabilityFlexible pool composition allows each asset to scale naturally based on its organic supply.Better User ExperienceYou can always deposit and withdraw token in the same kind, without worrying about the pool compositions or pool size.

Platypus Finance

The Platypus Finance protocol is a single-side AMM (DEX) designed for exchanging stable cryptocurrencies (ERC20 tokens) on the Avalanche Blockchain. 

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