3.3 Nonhomogenized fund pool — makes greater use of the capital pool

The utilization of the virtual capital pool determines the liquidity of the transaction

Take uniswap V2, the leader of the decentralized exchange, as an example. Let's look at the capital utilization of the centralized compos-ite exchange

The current price in the capital pool is at point c and is assumed to fluctuate between a and b price points.Slide from c to a, consuming a maximum of y_real, and from c to b, with a maxi-mum consumption of x_real.

the current price of point c, which fluctuates between point a and point b, will only consume x_real and y_real

In this case, the fund utilization rate is x_real / x or y_real / y.If the price fluctuation is very small, the fund utilization rate is very low, and the reason for this phenomenon is that the funds within the fund pool is evenly distributed over the entire curve of x * y=k

MetaFX upgraded the homogeneous capital pool to a non-homogeneous fund pool, supporting users to personalized allocate funds and funda-mentally improving the utilization rate of funds.Each piece of funds in the MetaFX non-homogenized capital pool can be clearly divided into owners. The difference between funds is not only small points, but also between urban areas and cumulative fees

In the long run, with the participation of institu-tional users and more regular troops, users will have an increasing demand for fine allocation of capital risk and income combinations.This will force many DeFi protocols to upgrade their capital pool models, allowing users to allocate funds more personalized

Moreover, in all DeFi products tracks such as trading, lending, insurance, futures and options, it is an inevitable trend for professional capital pool suppliers with richer capital allocation choices, so the non-homogeneous capital pool of MetaFX has become the only way for DeFi to develop.