FAQ

What are the obvious advantages of Diode Mixer on Blast?

By combining Blast native yield coin mixing incentive and Blast airdrop for developers, Diode Mixer not only can provide a better coin mixing experience but also max your yields.

(1) Customized incentives scheme to attract more users

(2) "Passing native yield" to users to improve capital utilization

(3) Higher anonymity efficiency

The mixing pool is characterized by three distinctive advantages.

Diode Mixer has the advantages of supporting ETH and USDB at lower cost and with higher efficiency and stronger security.

What is DIODE?

DIODE is Diode Mixer’s governance token.

Diode Mixer has built sustainable tokenomics based on its own native token DIODE.

Tokenomics allows anonymous traders, liquidity providers and token holders to continuously gain from the Diode Mixer, which makes Diode Mixer a DeFi protocol with positive circular value.

How to get DIODE?

The funding source in the DIODE staking pool consists of three parts:

(1) Mining rewards: anonymous transaction mining and liquidity mining.

(2) External investment: users participating in crowdfunding or purchase DIODE third-party DEXs.

(3) Airdrop for early users and adopters.

What is the destruction of DIODE?

The bonus of the staking pool comes from the “penalty mechanism” triggered when users withdraw DIODE from the pool, i.e. 10% of the withdrawal amount will be deducted as a penalty when users withdraw tokens, of which 4% will be rewarded to other “loyal users” who continue to hold in the pool, 4% will be injected into the DIODE trading pool to achieve increase liquidity, and 2% will be directly burned, forming a deflation economic model of DIODE.

The penalty fee charged will be used in the following three ways:

(1) benefits for token holders

(2) adding liquidity

(3) burning for deflation

What is DAO decentralized governance model?

Holders of DIODE — Diode Mixer’s governance token, will form DAO to govern the Diode Mixer ecology.

All DIODE holders can propose a motion and initiate a community vote for the following aspects:

(1) The opening of a new Diode Mixer mixing pool

(2) Adjustment of Diode Mixer transaction fee rates

(3) The reward distribution mechanism of Diode Mixer

(4) The setting of DIODE liquidity mining parameters, etc