Why create Atlas
Network (H1)

Atlas Network (H2)

Alt

Atlas Network is not another generalisable L2. It’s also not another unsubstantial hype-narrative. Instead, we solve real problems in DeFi scaling that can’t be addressed through generalisable designs. As a team of DeFi OGs, we know what these problems are. And best of all, we’ve figured out how to solve them.

The most significant limitation for DeFi scaling is the mass liquidity fragmentation that has emerged, where each new exchange built on a generalisable rollup competes for a limited supply of liquidity.

This leads to shallower markets across all exchanges, hurting traders and market participants. Generalisable designs also inherit issues such as front-running, and harmful-MEV and have performance limitations due to the inability to parallelise execution.

Atlas Network shifts the paradigm of how we think about scaling. We believe networks don’t need to be generalisable, but instead can be optimised for a single use case. By focusing on a single use case, we move beyond technical improvements only, and also focus on financial logic and liquidity. Hence Atlas Network focuses on DeFi trading by optimising for the three pillars of Liquidity, Capital Efficiency and Performance.

Why create Atlas Network

Atlas Network shifts the paradigm of how we think about scaling. We believe networks don’t need to be generalisable, but instead can be optimised for a single use case. By focusing on a single use case, we move beyond technical improvements only, and also focus on financial logic and liquidity. Hence Atlas Network focuses on DeFi trading by optimising for the three pillars of Liquidity, Capital Efficiency and Performance.

Incentives Program

Atlas Network shifts the paradigm of how we think about scaling. We believe networks don’t need to be generalisable, but instead can be optimised for a single use case. By focusing on a single use case, we move beyond technical improvements only, and also focus on financial logic and liquidity. Hence Atlas Network focuses on DeFi trading by optimising for the three pillars of Liquidity, Capital Efficiency and Performance.

The liquidity Layer

Atlas Network shifts the paradigm of how we think about scaling. We believe networks don’t need to be generalisable, but instead can be optimised for a single use case. By focusing on a single use case, we move beyond technical improvements only, and also focus on financial logic and liquidity. Hence Atlas Network focuses on DeFi trading by optimising for the three pillars of Liquidity, Capital Efficiency and Performance.

Overview (H2)

Ranks are adjusted based on earned XP compared to other users. There are two main ranking events to be aware of:

  • Rank Reveal Event (RRE): This is simply used to determine your starting rank within a Season. The date of the RRE will typically occur after a few weeks of XP accumulation. Whilst this event determines your starting rank, your rank can then go up or down week-on-week until the end of the season. For Season OG, the RRE will take place on the 27th May.
  • Weekly Ranking Event: Following the RRE, this event takes place weekly where users can be levelled up, levelled down, or maintain their Rank based on weekly XP accumulation relative to others in their Rank. For example, if you were in Rank 3 and ended the week in the top 10% of Rank 3, you’d be promoted to Rank 2. Conversely, if you were in Rank 3 and ended the week in the bottom 10% of Rank 3, you’d be demoted to Rank 4. What’s nice about this mechanism is week-on-week you don’t compete against whales to come top, but instead compete against people of similar Rank.

XP is earned through three activities:

  1. Trading — by creating a position on any DEX deployed on Reya Network, users earn XP proportional to their Open Interest per minute. Traders earn 1 XP for every $10,000 of Open Interest per minute (assuming 1x Boost).
  2. Network Staking — by staking capital into Reya Network, which is passed into the passive LP pool, users earn XP proportional to their staked capital per minute. Stakers earn 1 XP for every $1,000 staked per minute (assuming 1x Boost).
  3. Referrals — 10% of the XP gained by those you refer will be added to your XP value. So if 5 wallets use your referral link and each gain 100 XP, you will be credited with an additional 5x100x10% = 50 XP