What is the Sentre Protocol (SEN)?
Sentre is an “open liquidity” protocol constructed on the Solana ecosystem with the aim of strengthening liquidity efficiency and attempting to reduce losses, assisting to integrate picked DApps on Sen OS and to effectively accumulate liquidity by way of SenSwap as a result turning into a protected room for each DApp developers and consumers.
Sentre Protocol’s mission is to build a decentralized fiscal center:
- Where developers can inherit Sen OS’s out there liquidity to simply produce applications.
- Users have the proper to accessibility and use the applications to make substantial revenue.
SENTER = The open platform for Dapp + The Liquidity Accumulator
Ultimately, the Sentre ecosystem will be managed by the neighborhood. The DAO can be applied as a democracy to make certain liquidity that can stimulate innovation tasks and increase the ecosystem.
Outstanding capabilities of the Sentre Protocol task
Sentre has up to two sources of liquidity from the two parts SenSwap and Sen OS. Unlike other AMMs, Sentrre enables integration with other providers and applications. One remedy is named a three-token pool, which enables SEN to act as a liquidity broker involving any two token pairs.
The three-coin pool model has the following positive aspects:
- Reduce and retain the highest restrict on exchange charges.
- Connect all pools through SEN, unify all charges with SEN.
- Concentrate and optimize liquidity efficiency.
- Provides a universal liquidity interface.
- Parallel decentralized autonomous organizations (DAOs).
Simulated single publicity: This algorithm runs natively on strings. It will instantly stability the standing of the pool in the occasion of a a single-sided bet.
Adaptable fee: Sentre proposes an adaptive charge model that can totally cover the reduction by modifying the exchange charge accordingly.
Characteristics of the Sentre protocol
Sen OS – This is an open platform for DApps: the kind of operation is related to an App Store but for DeFi. Sentre has a different implies of raising liquidity: it is by way of the team’s open platform named Sen OS.
There are two kinds of dApps launched on Sen Store and working on Sen OS
- The very first are the dApps working on Solana developed and published by Sentre’s partners. These dApps will be integrated into Sen OS and will seem on the Sen Store. From now:
- Users can gather all their favourite dApps in a single spot and build a a single webpage workflow.
- Sentre partners can increase definitely lively, loving and regular consumers of their dApp.
- Secondly, new and promising dApps developed by developers, individually or in teams. By permitting them to accessibility task assets and supply assistance or suggestions when wanted, Sentre generates a room in which:
- Developers can showcase their suggestions to lively consumers with genuine opinions and opinions.
- Users can opt for from a broad selection of dApps and place liquidity in the hands of the proper tasks.
From each kinds of dApps, Sentre accumulates the funds created and returns it to consumers through Yield Farming and other capabilities in the potential.
Sen OS is the finish remedy for dApp improvement. By giving dApps by way of the Sen Store, developers and partners can accessibility a excellent Sentre-out there neighborhood of consumers encountering very first-hand solutions and genuine-globe product or service opinions.
SenSwap – Liquidity accumulator
Each dApp has its very own liquidity, so there is generally a have to have to locate a “repository” to hold it when it demonstrates up. If SenOS connects developers and consumers by way of all the dApps constructed on Senstore, SenSwap is created as a “repository” to retailer the liquidity accumulated by these dApps.
For SenSwap, a liquidity supplier (LP) exchange, holding and pooling operations will be the conventional supply of liquidity. SenSwap provides two LP alternatives based on your requirements, together with:
- Main pools with two token pairs: SenSwap is not constrained to pairs of stablecoins or coins of a unique ecosystem, but chooses to target on the pairs unusual, unrelated (not in the exact same ecosystem). From these pools, SenSwap can gather and optimize cross-chain liquidity.
- Optional three-coin pools: With three token pools, the SEN token will be the “bridge” involving any pair of two tokens. In this way, SenSwap can leverage the liquidity of just about every pool, decrease confirmation occasions for consumers, carry out cost opinions, automate liquidity, and much more.
To more assistance LPs, Sentre also provides the Simulated Single Exposure (SSE) model to allow asymmetric deposit transactions.
What SenSwap provides:
- An AMM constructed on the Solana platform (reduced charges, substantial pace) with an productive liquidity model and close to zero losses (Adaptive Fee Model).
- SEN token as a widespread interface for the total ecosystem (price evaluation, liquidity automation, …).
- Asymmetric deposit: Provides liquidity with only a single token (alternatively of two).
- Cross-chain liquidity: Attract liquidity from other platforms, not just Solana. Wormhole integration, a bridge involving Ethereum and Solana.
- DAOs enable people today to manage liquidity appropriately.
Information about developers and consumers
The goal of the project’s liquidity accumulator is to serve the developers and consumers of dApp and satisfy your have to have for liquidity.
- For developers Sentre’s liquidity turns into an inheritance when their concept or dApp is picked by consumers. If their concept is definitely handy to the neighborhood, they will not have to fret about discovering out there liquidity. Instead, they just have to target on producing their dApps as exciting as feasible.
- For consumers, is a remarkably liquid setting. Sentre minimizes confirmation occasions and minimizes commissions and slippage charges. Additionally, when consumers deposit into Sentre’s pools, the LP tokens obtained can be wagered to earn extra rewards.
The Sentre Protocol Roadmap
Q4 2020
1st quarter 2021:
- Issue SenSwap contract.
- Release SenJS.
2nd quarter 2021:
- Release SenUI.
- Start Sentre on Devnet.
3rd Quarter 2021:
- Start Sentre Beta on Devnet.
- Start Sen Swap and Sen Farming on Devnet.
Fourth quarter 2021:
- Launch of Sentre.
- Run Sen Swap on the Mainnet Beta.
- Sen Store announcement.
In 2022:
- Sentre, Sen Swap, Sen Farming officially launched.
- Borrow and lend.
- Derivatives marketplace.
- Decentralized insurance coverage.
What is the Sentre Protocol Token? Some simple data about SEN Token.
SEN is the unique token and the heart of the Sentre protocol. The SEN token is applied for:
- Free low cost: SEN ensures a highest restrict on exchange charges.
- Acquisition and implementation: SEN is created as a debt collector. With any swap pair, the commission can simply be converted to SEN.
- Entrepoot Protocol: SEN connects all pools of the ecosystem and guarantees that just about every pair of tokens is interchangeable. Other tokens can be valued through SEN.
- Administration: To propose an on-line improvement network, participants ought to contribute to SEN to vote and attain consensus. Approved proposals will be taken and distributed by the platform pool.
Basic data about the SEN token.
- Token identify: Sentre protocol
- Ticker: SEN
- Token Types: Utility token
- Blockchain: Solana
- Standard tokens: SLP
- Token contract: updating
- Circulation provide: updating
- Total provide: one,000,000,000 SEN
SEN Token allocation
- Community improvement: thirty%
- Cash extraction: 25%
- Seed Ring: three%
- Strategy Round: 15%
- I DO: two%
- Platform reserve: five%
- Squad: twenty%
SEN Token Launch Program
The “MEGA LAUNCH – TRIPLE PROFIT” (Super Launch – Triple Profit) campaign will get spot in early November. In this campaign, SEN Token will be officially launched as a reward for participants interested in Sentre.
MEGA LAUNCH – TRIPLE Revenue guarantees that the launch and distribution of SEN Token is honest, with the kind of a honest distribution when Farm and Stake.
The task improvement group
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- Sentre’s CEO – Mr. car phan has invested much more than five many years operating in the progressive technologies market, together with Blockchain and AI analysis. Not only by participating in a amount of tasks and inventions in the market, he has also won various awards and accolades. More just lately, in the inaugural contest of the Hackathon 2020 organized by the Solana ecosystem, he won the Second Prize general with the SoproX task. In addition, he also participates in quite a few other hackathons and problems as a mentor.
- The COO of Sentre – Mr. Ryan Nguyen has much more than five many years of promoting and operations encounter. Not only that, he also holds a Certificate of Competency in Management from the Tempo Institute of Management and is continuing to review an MBA plan at Ho Chi Minh City University of Economics.
- Nam Nguyen andAs a UI / UX advisor. Previously he worked as Infinity Blockchain Labs, VinID, Binance. With four many years of encounter in the blockchain market, he has been accountable for UI / UX design and style for quite a few tasks for quite a few international organizations this kind of as Blockchain Labs (IBL), VinID and Binance.
- Nguyen dung as Technical Team Leader, he previously worked at VNG, Sendo, TEKO. With more than six many years of encounter in the Fintech sector. He is a principal member of TEKO’s payment remedy task, SENDO, ZALO Spend (VND). It is applied by much more than ten top organizations in Vietnam.
Investors and partners
Sentre programs to collaborate with Coin98 Finance, Parrot Finance and Slope Finance in numerous operational facets. Details of these collaborations will be unveiled by Sentre in the implementation roadmap.