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Symphony DEX is a novel Yield Optimized trading protocol, the first of its kind! It allows you to buy or sell tokens more capital efficiently than ever. Your trades keep earning yield on SAFU protocols till they execute 🤯
Yield farming + Trading = Max. Capital Efficiency
💱 + 🧑🏼‍🌾 = 🎵

If you have a rough idea about the price range of an asset (max price an asset can go and the least it can go), you can create an order here and the assets keep generating yield, and when the desired rate is available in the market then the bought asset and yield get transferred to you automatically. So just set the range (limit and stop-loss) and relax. This way you can book profits or hedge losses. Imagine holding LUNA or UST during the de-pegging 😭 You could set a stop-loss order and save yourself from heavy loss.

There will be retrospective rewards for order creators and executors. These rewards will be distributed in the future.

Existing DEXs don't optimize yield so the assets are not utilized while the trades are waiting to be executed.

The orders are executed by the "Executor" who is incentivized using ExecutionFee.

The ownership of the contracts will be with the timelock contract which will have a minimum delay of 24 hours. All upgradable contracts can only be upgraded using multisig with the same delay. Initially, only multi-sig will be able to propose and execute transactions via timelock. Later the ownership of the contracts will be with the Symphony DAO.

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What is Symphony DEX?
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Who will execute orders and why?
Is the protocol permissionless?
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