Ecosystem Commitment

At DragonSwap, our philosophy extends beyond offering top-notch decentralized exchange services. We are deeply committed to nurturing and contributing to the growth of the blockchain ecosystem that forms the foundation of our platform. This commitment is exemplified through our initiatives such as the KLAY Burn mechanism, ensuring that we work in harmony to foster a thriving digital asset environment.

KLAY Burn: A Testament to Our Dedication

One of the cornerstone initiatives of our ecosystem commitment is the KLAY burn mechanism. Understanding the importance of aligning the interests of DragonSwap, our users, and the broader Klaytn community, we have pledged to allocate 30% of the protocol's revenue towards purchasing and burning KLAY tokens. This action is not merely a transaction but a profound statement of our belief in the value of contributing back to the ecosystem that supports us.

Prioritizing Value Accrual to Public Goods

Our decision to avoid issuing native DragonSwap tokens at the beginning is deliberate. It enables us to prioritize the value accrual to the public goods that are fundamental to our operation and success. By doing so, we ensure that our growth and prosperity are shared and beneficial to the entire Klaytn ecosystem. This unique burn mechanism underscores our dedication to reinforcing the ecosystem's strength and sustainability.

Aligning with Klaytn Community Initiatives

Our ecosystem commitment is in perfect alignment with the Klaytn community's initiatives, such as the robust ecosystem program such as [KGP-26] Dragon DeFi Initiative (D2I). By participating in these initiatives and implementing our KLAY burn mechanism, DragonSwap plays an active role in enhancing the ecosystem's vitality and fostering an environment where innovation, security, and growth can flourish.

Conclusion

DragonSwap's commitment to the Klaytn ecosystem is unwavering. Through our innovative KLAY burn mechanism and active participation in community initiatives, we strive to align the interests of all stakeholders and contribute to the creation of a robust, thriving digital asset ecosystem. As we move forward, DragonSwap remains dedicated to enhancing the value and utility of the Klaytn blockchain, ensuring a prosperous future for all members of our community.