Complus

WHAT IS COMPLUS NETWORK?

Complus Network is a multi-chain exchange protocol for ERC-20 tokens on Huobi ECO Chain, Avalanche, Binance Smart Chain, Polygon (Matic Network), and Fantom. It allows for cheap, fast, and efficient trading.

Complus Network has a native governance token called COM that can be used to buy and sell all tokens and NFTs issued on all chains. It offers three critically important benefits in a crowded marketplace with multiple competitors: Cheap and fast trades, community-driven development and a fair token distribution.

Complus Network can conclude trades quickly and cheaply. It enables users to trade assets while enjoying sub-second transaction finality and transaction fees as low as a few cents. The native governance token, COM, enables the community to fully drive the development of the product.

HOW DOES COMPLUS NETWORK DEX WORK?

Complus Network DEX is an automated market making (AMM) decentralized exchange. In practical terms this means that there are existing template smart contracts that define a standard way to make liquidity pools and related markets compatible with each other.

Each pool is defined by a smart contract that includes various functions to enable swapping tokens, adding liquidity and more.

When a user trades a 0.3% fee is charged on the trade. 0.25% of that trade goes back to the the LP pool. The rest 0.05% of this fee is added to the Complus Stake pool in the form of COM-LP tokens for the relative pool. You can stake COM in exchange for a token xCOM that is appreciating in value from dividends of this COM-LP tokens.

COM DISTRIBUTION

Complus Network is following a fair launch model with its governance token COM. However, while COM will enable all the governance activities of Complus, and therefore its future development, governance proposals will not start until 1 month after COM distribution on yield-farming interface for each chain. This waiting period of 1 month is to ensure that enough COM is fairly distributed to the community.

TOTAL COM ALLOCATION END OF 3 YEARS IN ALL CHAINS

In 3 years total 360 M COM Tokens will be distributed. Majority (90.52%) of the tokens is given to liquidity pair providers with yield-farming, 1.896% to the team and 7.584% to operation budget.

Community - Liquidity Pair Providers Allocation (90.52% of COM)

The vesting schedule is algorithmically specified as follows: In 3 years total ~ 325.872.000 COM tokens will be distributed.

COM GOVERNANCE

Complus Network is goverened and upgraded by COM token holders, using three distinct components; the COM token, governance module, and timelock. Together, these contracts allow the community to propose, vote, and implement changes to the Complus Network.

Governance will be live one month after COM distribution on yield-farming interface for each chain.

Each proposed action will be published at a minimum of 2 days after the time of announcement. Timelock has a hard-coded minimum delay of 2 days, which is the least amount of notice possible for a governance action.