Revolutionizing Decentralized Finance with Unmatched Features

Introducing the Bazaar: the ultimate AMM crafted for altcoins & NFT pairs, providing a solid foundation for any NONnation eager to fuel the vibrant economy of tomorrow's crypto-savvy startups!

Welcome to a new era of decentralized finance, proudly brought to you by NON Labs and Nonnation.xyz. Introducing The Grand Bazaar, a cutting-edge decentralized crypto exchange that is set to disrupt the industry. Built on Ethereum and Optimism, The Grand Bazaar represents innovation and the boundless potential of decentralized technology.

A Seamless Experience for Everyone

The Grand Bazaar is the ultimate platform for altcoins, NFTs, and the burgeoning new wave of crypto startups. With our state-of-the-art exchange, we aim to provide a seamless, user-friendly experience that rivals industry leaders like OpenSea, Uniswap, and Binance.

Discover Groundbreaking Features: A New Frontier in Decentralized Exchanges

At NON Labs, we pride ourselves on the unique features that set The Grand Bazaar apart from other decentralized exchanges:

1. Unprecedented support for NFTs and tokens: Bridging the gap between NFTs and traditional tokens, The Grand Bazaar enables users to trade, invest, and even use these digital assets as collateral on a single platform. By streamlining the process, we create a more interconnected DeFi ecosystem.

2. Advanced Onchain order routing: Our innovative onchain order routing system matches users' orders with the most suitable liquidity pool, ensuring superior price execution without sacrificing speed or security.

3. Royalties for NFT creators: We support artists in the NFT community by implementing a royalty system within The Grand Bazaar. This allows creators to earn a percentage of future sales of their work, fostering a more sustainable and equitable NFT ecosystem.

4. Integrated farming for liquidity providers: Recognizing the crucial role liquidity providers play in the DeFi landscape, we've integrated farming directly into our platform. This feature allows all liquidity providers to automatically become farmers and earn rewards for their contributions.

5. Incentivized liquidity through integrated farming: Our platform offers an easy way for protocols to incentivize liquidity on The Grand Bazaar. By leveraging the integrated farming feature, protocols can provide additional rewards to users who contribute liquidity, driving the growth and adoption of their projects within our ecosystem.

A Smarter Approach to Liquidity Pools

At The Grand Bazaar, liquidity pools connect only from Token/NFT collection to ETH, eliminating the need for off-chain routing and reducing gas fees. This approach simplifies the trading process, optimizing trades, and concentrating liquidity in one place!

Fee Structure

In the Grand Bazaar, liquidity providers (LPs) benefit from a 0.4% fee structure. When users swap from ERC20 or NFTs, 0.3% of the transaction is directed to reward LPs, much like other AMMs. Meanwhile, 0.1% is set aside as a reward for the upcoming farming season. Farming seasons are rebalanced monthly, with LPs receiving the total amount of the 0.1% fees earned. Additionally, communities can boost the farm by sending more rewards to the LP address, eliminating the need for custom farming contracts and sparing users from unnecessary gas fees when yielding their favorite assets!

The higher a token's trading volume, the more rewards LPs receive in the subsequent season, fostering a sustainable and enduring incentive system never before seen in an AMM.

When users swap from ETH, LPs receive the standard 0.3% fee, and an additional 0.1% goes to NONgov, benefiting $NON holders! This revenue is distributed throughout the NONgov economy, encompassing investment funds, dividends, grants, and more (for further information about the NONgov economy, please visit:

NFT Liquidity Pools

NFT communities are making waves in the crypto world, but many in the DeFi space have yet to grasp the importance of royalties in the NFT ecosystem. It's no surprise that NFT projects might give DeFi the side-eye if they don't respect the royalty aspect! 😜

At the same time, traditional NFT marketplaces charge 3%-5%-10% fees on orders, which isn't sustainable for the high trading volumes that DeFi and AMMs can generate.

So, how can we bridge the gap between NFT communities and DeFi while catering to both their needs? Let's dive in:

The Grand Bazaar incorporates a unique fee structure for NFT liquidity pools, with 1% fees applied. Liquidity providers still earn 0.3% from both ETH and NFT trades, while NONgov earns 0.1% from trades in ETH.

The remaining 0.6% from ETH trades goes to the royalty owner, providing them with a competitive edge in the DeFi space.

Moreover, LP providers in these cases see a significant increase in earnings. The farming seasons collect 0.7% in total from all trades, meaning a whopping 7 times more yield than regular pools! Get ready for an exhilarating boost in the DeFi realm!

Note: When users sell NFTs on The Bazaar using the LP pool, NFTs are automatically wrapped into Decks, making them liquid. If you're not familiar with Decks, check out our quick 2-minute video. In short, Decks transform non-fungible tokens from a collection into a fungible supply! 👇

https://www.youtube.com/watch?v=QSFnLES1itY

Orders

The Grand Bazaar's order system is designed to help users achieve zero price impact trades while maximizing earnings for liquidity providers. Orders adhere to The Grand Bazaar's LP fees and royalty fees, providing liquidity providers with additional income without destabilizing pool prices.

Whether royalties are involved or not, The Grand Bazaar's order system is ingeniously designed to enable users to achieve zero price impact trades, introduce genuine orders in the DeFi space, and boost earnings for liquidity providers!

Orders ad here to The Bazaar's LP fees, meaning that LP providers earn 0.3% from ETH for every order filled. As a result, LP providers not only receive consistent yield, but also enjoy additional fees without destabilising pool prices, effectively reducing impermanent losses in a novel, sustainable manner.

The NONgov in orders earn a fixed 0.1% and the Royalties Owner (if royalties are active) it earn the full royalty % as in OpenSea or Blur. NFT trading, meet your match! The Bazaar swoops in to conquer the fragmented world of tokens and NFTs, uniting the best of both – efficient orders for NFTs and ample liquidity for tokens. By harnessing the mighty Asset standard, The Bazaar fuses the powers of ERC-20 tokens and NFTs to revolutionize the digital asset landscape, offering a sleek, all-in-one platform for a seamless trading experience.

Routing and Beyond

The Grand Bazaar's router ensures traders get the best price by matching orders and liquidity pools, while also tapping into external liquidity from other AMMs. When external liquidity is utilized, traders pay a 0.05% fee in the token, which goes directly to the next farming season for Bazaar Liquidity Providers, effectively pulling liquidity from other AMMs to increase yield for our users.

With our ingenious mechanism, we're essentially "rug pulling" liquidity from other exchanges and bringing it to The Bazaar—so buckle up, fellow traders, we're on a DeFi heist for the ages, boosting our persistent yield like never before! 😎

Conclusion

At NON Labs, we have dedicated ourselves to creating a groundbreaking platform that caters to the diverse needs of the DeFi community. With The Grand Bazaar, we believe that we can transform the DeFi landscape into an essential hub for artists, collectors, and investors alike. As we continue to develop and expand The Grand Bazaar, we invite you to join us on this exciting journey and stay tuned for more updates on our innovative features and developments.

The driving force behind The Grand Bazaar's creation lies in the need for an AMM that not only caters to NFTs and ERC20 tokens but also competes with centralized exchanges. By building The Grand Bazaar, we provide the foundation for fully integrated NONnation functions, fostering a new era of decentralized finance.

OH! We almost forgot! This is just the tip of the Iceberg, see you in the next Bazaar Article!

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