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GM and happy Monday! Every week, we celebrate projects achieving meaningful milestones. Here are this week’s highlights from the projects funded by @SeiNetwork & @DeSciAsia.
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1/ @mikeghen (https://gap.karmahq.xyz/project/super-dca-innovating-decentralized-finance-with-time-weighted-average-market-making…) ~ The Super DCA Pools now offer an enhanced staking mechanism, allowing users to stake DCA tokens to earn execution fees by undercutting the Gelato fee. This update introduces the concept of staking DCA to become an "executor," granting users the privilege (but not the obligation) to execute the distribution and earn a share of the Gelato execution fee. The next milestone has been completed with the implementation of a new retargeting algorithm. This algorithm uses an exponential binary backoff mechanism based on execution duration. Fees are halved for durations below 4 hours, and for durations exceeding 5 hours, the fee doubles for each additional hour past the 4-hour mark, with the new fee calculated as the current fee multiplied by the square of the hours past 4 hours.
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