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  • 🪙Midas
    • The Midas (MDS) Ecosystem
    • MDS Smart Contract: Step by Step How To
    • Multi-collateral MDS & Supported collections
    • Price Stability Mechanisms
    • Oracle Price Feeding
    • Risk management of the MDS platform
    • veinHades Governance of the MDS platform
    • Liquidations of risky assets & Collateral Cashback
    • External Participants
  • 🌊Hadeswap
  • Why hadeswap?
    • DCA* in and out of collections
    • two-sided liquidity pools
    • positive impacts
    • is it risky?
  • Providing Liquidity: How does it work?
    • liquidity pools and bonding curves
    • buy NFTs
    • sell NFTs
    • two-sided liquidity pools
    • pool settings in practice
    • collect trading fees
    • modify my existing liquidity pool
  • user generated educational material
    • How To Guide by TokenGuy.sol
    • Hadeswap explained by krysmatic.me
  • Hall Of Fame
    • the concept
    • Discord/Twitter bot
    • First educational video
  • Technical Documentation
    • coming soon
  • WHITEPAPER
    • $HADES Tokenomics
      • Bonding: Protocol Owned Liquidity
      • $HADES - The Governance Token
      • $HADES - Emission Schedule & Use case
  • ❓FAQs
    • FAQ April 2023
    • FAQ May 2023 (Office Hour Summary)
  • Bounty Program
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On this page
  • Impact #1: instant sell liquidity for floor NFTs
  • Impact #2: become your own market place
  • Impact #3: liquidity will eventually spread beyond floor NFTs
  • Impact #4: no more fat fingers on the listing when selling
  1. Why hadeswap?

positive impacts

The ecosystem as a whole benefits from such a marketplace - here's how.

Impact #1: instant sell liquidity for floor NFTs

Higher liquidity implies reduction in volatility of prices, which means that you will most likely always have instant liquidity to buy your floor NFTs. Instead of undercutting the floor price to get liquidity out, just sell to the available pools!

Impact #2: become your own market place

NFT creators can now earn fees by providing liquidity - you can become your very own Magic Eden or OpenSea!

Impact #3: liquidity will eventually spread beyond floor NFTs

In the future, as the liquidity for floor NFTs will become more robust and the spread reduces, there will be more liquidity available for mid-rares. Currently one would argue it's more interesting to buy 2 floor NFTs vs. buying a more rare one simply because the liquidity is heavily concentrated around the floor of a collection, but it's only a matter of time before we could have trait-based pools on hadeswap, which means more liquidity for those rarer NFTs!

Impact #4: no more fat fingers on the listing when selling

That's right, you'll be dumping in the pool instead of absolutely wrecking yourself with a fat finger sell order!

Previoustwo-sided liquidity poolsNextis it risky?

Last updated 2 years ago