Carbon Network — Infrastructure for a decentralized economy

As time passes and technology advances, we manage to develop more ingenious and practical methods to eliminate problems known to us but previously too difficult to properly address. This was made abundantly clear in the financial domain — especially in handling personal finances.

In the Crypto Space, the CEX market is one of the most popular methods for interacting with the whole ecosystem. However, this poses a few relevant downsides:

• Downtime: It’s the same as if relying on Facebook to provide you a whole range of communication between you and other people. Except here, it’s between you and your money. If the firm’s data center crashes, all one can do is wait the downtime out.
• Low-latency connection: Infrastructure is always debatable and has been a problem on different networks due to high traffic. This issue alone created a vacuum of losses with tens of thousands of users unable to access their wallets during important market moments.
• ‘Betting’ against the house: Let’s face it, you don’t want a market-maker type experience where everyone knows how many people are longing or shorting your favorite coin.
• Custody issue: In theory, the money is yours. In practice, it’s in the firm’s wallet. Addressing custody issues is a deeply problematic concern especially given the ever-changing laws in the political space of each country. “Not your key, not your money.”
• Security: Targeting an organization is often ten times easier than trying to target 100 different individuals. Of course, this is a vast generalization and can be discussed in a case-by-case scenario, however, hacking 2 out of 100 people will rarely expose the other 98. Hacking a whole organization can potentially expose hundreds of thousands.
• Centralized governance: We know what we’re all here for, no one wants a handful of people to make decisions behind closed doors without us having any word in the matter. A CEX is exactly that. A board of directors changing the rules without you being able to influence the outcome. Without us being able to do anything about it.

[*] The solution?

DEXes, of course.

• Boasting web3 infrastructure, allows users to trade without the involvement of a 3rd party (a trader’s worst nightmare).
• No KYC: You don’t ask, they don’t tell. Or, rather, the other way around. No more need for documents. Full privacy.
• Less downtime: Carbon tries to address this by adopting IPFS (InterPlanetary File System). This eliminates the centralized problem of badly organized data centers.
• Fund your ideas: Incubator ideas are nothing new, but they become much easier with Carbon’s ability to pull funds for any project on the network. The funds are essentially unlimited, pooled from the network’s rewards.
• Decentralized governance: Your vote counts in decentralized governance, simple as that. Along with countless other members, you can choose the path the CEX will be undertaking throughout its roadmap.
• Collect fees: Fees are not redirected towards the ‘House’, they are redistributed to the stakers.

[*] Brief History:

Switcheo initially launched as a NEO-based DEX with the intention of becoming a multichain connecting NEO to all the other chains.
TradeHub was the next step, representing the migration from NEO to its own Tendermint-based blockchain. It is currently able to process or intermediate entirely decentralized transactions between numerous networks (ETH, BSC, NEO, EGLD, ZIL).

With the upcoming Stargate upgrade, Carbon Network will allow interoperability between all TradeHub-enabled networks and the entire Cosmos Ecosystem, through the IBC protocol.

[*] Vision:

“A truly free world where the need for trust and reliance is eradicated. A decentralized world marked by efficient infrastructure where every person has the right to manage their wealth in a fair, transparent manner that is free of unjust barriers.”

[*] Demex — One exchange to rule them all

Demex is a fully decentralized trading platform that supports any cryptocurrency derivative product. It enables the trading of sophisticated financial instruments such as futures, bonds, and options at scale. The exchange integrates pooled liquidity with traditional order books, allowing anyone to be a market maker by contributing liquidity and earning from trading fees. Demex is powered by the layer-2 decentralized protocol, Carbon, an open-source dPOS order matching engine that can handle bursts of up to 10,000 transactions per second (TPS).

Login Methods:

• Ledger — https://docs.dem.exchange/getting-started/creating-a-demex-account/ledger
• Keplr Wallet — https://docs.dem.exchange/getting-started/creating-a-demex-account/keplr-wallet
• Metamask — https://docs.dem.exchange/getting-started/creating-a-demex-account/metamask
• Encrypted Key — https://docs.dem.exchange/getting-started/creating-a-demex-account/encrypted-key

Market Pairs: 28
Trading: Spot, Futures, Perpetual Swap (coming soon), Options (coming soon)
Leverage: up to 150x
Spot Market Fees: 0,25% taker / -0.05% maker
Futures Market: 0.075% taker / -0.005% maker

Demex total volume: 160,528,966 USD
Demex daily rewards: 29,413 USD

[*] Upcoming core events:

[*] Switcheo token — Governance with benefits

All SWTH stakers are eligible to vote on governance proposals and an individual’s voting power is determined by the amount of SWTH staked. If a staker chooses not to exercise their vote, validators are able to submit a proxy vote on the staker’s behalf. Thus, all stakers are encouraged to participate in the governance process and exercise their votes on proposals.

Staking SWTH

• Earn rewards from validating transactions
• Accrue fees automatically accrued from the insurance fund

Holding SWTH

• Receive tiered trading fee discount
• Earn higher payout by underwriting insurance fund

Staking or Holding SWTH

• Receive voting rights & staking incentives for new market creation
• Participate in governance via TIP
• Receive liquidity through CDP
• Earn rewards for providing liquidity

[*] SWTH Monetary Policy

Emission Rate:

During the first 4 years of Switcheo TradeHub operation, the number of tokens issued as block rewards started with an initial weekly emission rate of 1.92% in Week 1 and then decay by 1.65% week-on-week.

Block rewards are distributed as follows:

• 90% of block rewards are distributed to stakers
• 10% goes to the Switcheo Development Fund for protocol development and ecosystem growth

Switcheo Development Fund (SDF) is a tool used for accelerating the progress of the entire Carbon ecosystem. Its main emphasis lies within the structure that allows project development to unfold within an entire censor-free environment.

Marketcap: 52,642,394 USD
Total supply: 1,725,358,953 SWTH
Total supply Staked: 1,144,579,494.526 SWTH (66.33% locked)

Staking APR: 18.12%

[*] How to stake:

Carbon Partners:
Tendermint
PolyNetwork
Binance Pool
Huobi Pool
NEO
Zilliqa

[*] Social
Web: carbon.network
Twitter: 0xcarbon
Dex: dem.exchange
Explorer: switcheo.org