Name of Project / DAO / Company
Artemis Protocol
Application type
Product Launch
Proposal overview
Artemis is a multi-product Decentralized Finance protocol that strives to incubate the building blocks of DeFi by providing liquidity and exposure as a service to projects built on Harmony, in a permissionless and decentralized manner - while offering high and reliable yields to risk-keen users.
Artemis is built to solve the liquidity issue new projects on-chain face, a solution nowadays Harmony lacks and will show fundamental as the chain grows.
- Artemis Earn
Artemis Earn is a yield generating platform built on Artemis Protocol that aims to offer attractive returns for risk-keen users through liquidity mining, staking, vault strategies, and xMIS while fairly distributing MIS, which is set to work as a gateway to the Artemis Governance and ArtemisPad/Incubator based products. Artemis Earn has no account freezes, minimum/maximum deposits, or signup requirements and it can be used by anyone in the world with access to a WiFi connection. As the protocol grows, UX and user onboarding for Artemis Earn will take a more important role in development.
- Artemis Launchpad
The launchpad platform is the core of Artemis token distribution and liquidity building capabilities, which on Mainnet launch will feature two products: the ArtemisPad, a presale-style platform for projects to launch their tokens on while raising funds; and the Incubator, which works as a LAAS solution built to incentivize liquidity and incubate Harmony based projects. Upon launch, the Incubator listings will route through Governance, however, we aim to build the Incubator as follows:
Alice is working on a project and launched her coin ALI. Understandably, wants to fairly distribute it to holders while building liquidity for it, what Alice could do is visit Artemis, and seamlessly set up an incentivized MIS<>ALI pool that rewards users in ALI. Artemis governance would then review ALI and flag the project based on set criteria.
We are already in talks with both current and upcoming Harmony projects and are looking forward to working with them once Artemis goes live on Mainnet.
Proposal Ask
We are applying for the $50,000 launch track grant and will use the initial capital to hire a JS developer to accelerate the development of permissionless listings on the Artemis Incubator and that of xMIS.
Metrics for success
- 50 projects and ideas bootstrapped.
- 10,000 active users.
- $5,000,000 locked in Artemis Earn.
External links
Currently, a limited version of Artemis is live on Testnet: https://testnet.artemisprotocol.one/ Although some features are ready-to-go, we have decided to launch them exclusively on Mainnet.