# Introduction The Revolutionary Dex on Manta Blockchain
The advent of cryptocurrencies brought more than just Bitcoin to the world's financial stage; it spawned an entire ecosystem of alternative financial services, among which decentralized exchanges, or DEXs, stand out as a cornerstone. Unlike traditional exchanges, DEXs operate without a central authority, offering peer-to-peer transactions that enhance security and autonomy for users. In this evolving landscape, a new player is about to take the field. CetoSwap, a decentralized exchange poised to enter the market with a promise to shake the foundation of how we interact with digital assets. Built on the robust Manta Chain, CetoSwap isn't just another DEX—it's a platform that's been crafted to address the persistent issues plaguing the industry while introducing novel features that could redefine decentralized trading. # Competitive Advantage CetoSwap's distinctive edge begins with its adoption of the ERC-404 token standard. This isn't just another technical term to gloss over. It addresses a critical pain point for NFT owners – liquidity. Traditionally, converting NFTs into more liquid assets has been cumbersome. CetoSwap aims to change that, potentially revolutionizing asset liquidity in DeFi and the NFT marketplace. What's more, CetoSwap has made strategic moves by establishing itself on the Manta Chain, known for its robust technology and significant traction in Asian markets. It has an eye on global reach and local grasp, understanding that success in DeFi isn't just about technology but also about strategic market localization. Another feather in its cap is the approach CetoSwap takes towards farm token depreciation. By integrating farm tokens with the ERC-404 standard, the platform envisions a new revenue model that directly benefits users and protects against the depreciation woes that plague many DEX users today. As CetoSwap gears up for its airdrop event, it's clear the platform is courting both the crypto-savvy crowd and the curious newcomers. These events are linchpins for DEXs, as they not only reward early adopters but also build a foundation for a committed community which is paramount in the DeFi space. The blend of these distinctive features sets CetoSwap apart, signifying its potential to be a game-changer. I believe it's not just challenging existing norms but is positioned to reshape how we engage with DeFi and NFTs entirely. # Ecosystem Tokens Please find our ecosystem tokens below including CETO *(emissions token)*, USDEX *(fully collateralized stable token)* and STGAI *(Strategic AI)*. **CETO:** 0x3Af03E8C993900f0Ea6B84217071e1D4CC783982 **USDEX+:** 0x6Da9EbD271a0676F39C088a2b5fd849D5080c0af **STGAI:** 0x25f0Beb8876859008d00d457fA2AE6493F0fE020\ \ You can all find our primary LP contracts here: **CETO/USDEX+ LP:** 0xef799451a28a1432712d19df82e512d985d685d4 **CETO/ETH LP:** 0x6c72baee6d7074e54add3f617ec5d6b22afe779b **USDEX+/USDC LP:** 0x3838753b9b9b7cf26ddc71d0f1a0ee0b9144aba5 **STGAI/MANTA LP:** 0x75791775dc127d4441ecc532be128214ca4c6f72 **ETH/MANTA LP:** 0xB9454b5FC78C826cF028F4e513b0E0a4d2bF51a9\ \ *\* Additional liquidity paris will be added next week.* # ERC-404 Token Standard Understanding ERC-404 Tokens ERC-404 introduces the concept of semi-fungible tokens. Created by developers, pseudonymously known as “ctrl” and “Acme from [Pandora Labs](https://github.com/Pandora-Labs-Org/erc404),” this experimental token standard aims to combine the best of both worlds: the liquidity of ERC-20 with the uniqueness of ERC-721. The ERC-404 standard conceptualizes a new class of tokens that are both divisible and unique. This innovative approach opens several possibilities for digital assets, allowing for fractional ownership of NFTs and expanding the utility and liquidity of digital assets on the blockchain. ## How ERC-404 Tokens Work Understand that each ERC-404 token is linked to an NFT. This means that when you purchase a token, a corresponding token is minted in your wallet. Similarly, when you mint an NFT, you’ll receive a fungible token associated with it. Selling a fraction of a token will burn the NFT associated with it. And interestingly, when you collect enough fractions of the token to form a whole token, a new NFT is minted. This makes sure that each integral token always associates an NFT with it. The best part is that both the tokens and the NFTs can be traded independently. ## Key Takeaways * ERC-404 introduces fractional ownership to NFTs, combining features of ERC-20 and ERC-721 standards, enhancing liquidity and accessibility in the NFT ecosystem. * ERC-404 allows users to buy and sell fractions of NFTs, enabling broader participation in high-value assets and creating new investment opportunities. * Unlike existing methods, ERC-404 facilitates fractionalization directly within the token standard, eliminating the need for additional platforms or intermediaries. * The ERC-404 standard may encourage wider adoption of NFTs beyond art and collectibles, fostering innovation in sectors such as real estate, gaming assets, and intellectual property rights. # gCETO 404 Overview gCETO404 is a revolutionary mechanism that gives utility and value to $CETO. As the official governance token of Ceto Swap, gCETO404 represents a share of protocol revenue and voting rights to the protocol’s DAO. In addition to utility and governance, gCETO404 contributes to the buy pressure on $CETO while simultaneously providing deflationary measures through an intricate system of token burns.Driven by innovation, gCETO404 was built from the ground up and can be classified as an entirely new 404 standard. While the basic principles of providing fractional ownership and liquid markets for NFTs is still at its core, we’ve taken things to an entirely new level. **Key Features / Modifications:** * Encrypted re-rolling of NFTs * Reflective taxation * Automated revenue distribution via NFT rarity * Multiple security bug patches * Making metadata consistency / removing rarity re-rolling * Gas efficiency refinements * Divisible wrapping/unwrapping commission structure * Anti-snipe mechanisms * Whitelisted farming
# gCETO 404 Mechanics Welcome to the future of DeFi governance. Earn a share of protocol revenue! ### Ceto Swap Governance (gCETO 404) gCETO404 will feature a collection of 10,000 unique NFTs broken down into six distinct classifications representing our core revenue streams *(404 reflections, swap fees, bridge fees, bot revenue, vault fees and perpetual trading fees)*. Each category will be defined by a different sea creature and will have additional rarity traits potentially making various NFTs within a given category more valuable than others on 3rd party markets.\ \ Collect all six sea creatures and you’ll be granted access to mint the ultra rare goddess CETO NFT which unlocks additional bonuses!

Sample of Kraken category gCETO 404 NFTs

### How it works: Collecting gCETO 404's will give you access to the revenue from the protocol, but you do you get them and how can you profit? #### Buying gCETO 404 gCETO 404 can ONLY be obtained buy purchasing with CETO or buying on through an NFT market place. When buying gCETO 404, your CETO tokens are exchanged in the "CETO Swapper" for bCETO *(burned CETO)*. bCETO acts as a receipt token for your original CETO tokens and can then be swapped for gCETO404 within the bCETO/gCETO404 liquidity pool. #### Selling gCETO 404 When your ready to sell gCETO 404, you can exchange your tokens which will be routed through the gCETO404/ETH liquidity pool. Our arbitration bots will maintain price parity between the two gCETO404 LPs.

Buy/Sell work flow gCETO404

### Make it simple: Essentially all your doing is exchanging your CETO for gCETO404 however within the process we use a little DeFi magic to facilitate the burning of all the sacrificed CETO tokens. By doing so we're removing 100% of the supply thats put into the swapper. Ultimately this means that these tokens can never be sold on the open market which relieves downward pressure on CETO and helps to maintain better APRs on all of the farms. In addition, if users who do not already have CETO via farm emissions choose to buy gCETO 404. they must purchase CETO on the open market and burn it in order to get the 404 tokens.\ \ Conversely, when a user decides to sell gCETO404, our exchange will only route the sell order through the ETH pair allowing exit into blue chips. Furthermore, this also creates additoinal arbitration opportunities and more revenue for the protocol.\ \ While the process may seem complex, in reality our UX/UX will handle all of the details for you within a single seamless transaction. # Buy/Sell gCETO404 ### Buying gCETO404 gCETO404 can only be purchased with bCETO (Burned CETO). \ \ 1\. Go to \ \ 2\. Burn your CETO for bCETO\ \ 3\. Go back to the swap interface and purchase gCETO404 with your bCETO\ \ NOTE: There a 10% reflection tax on all transfers. Please make sure you set your slippage greater than 11% to make sure the transaction goes through.\ \ NOTE: Next week we will be integrating this process into the main swap to make the process more seamless. Untill then please use the burner.
### Selling gCETO404 gCETO404 can be sold on the normal exchange like any otther token. # gCETO 404 NFTs Breaking down each of the NFTs and what they mean. ### Kraken (404 Reflections) Total supply of 4250. Kraken NFTs will grant you access to accumulate 404 reflections from the transfer tax. The golden Krakens will allow you to earn ALL revenue streams!

Kracken's from least rare to most rare.

### Fish Man (Swap Fees) Total supply of 3000. Fish Man NFTs will grant you access to accumulate swap fees from our exchange. The golden Fish Man NFTs will allow you to earn ALL revenue streams!

Fish Man from least rare to most rare.

### Shark (Bridge Fees) Total supply of 1000. Shark NFTs will grant you access to accumulate fees from bridge revenue. The golden Sharks will allow you to earn ALL revenue streams!

Shark's from least rare to most rare.

### Sea Serpent (Bot Fees) Total supply of 1000. Sea Serpent NFTs will grant you access to accumulate fees from our arbitration bot network. The golden Sea Serpents will allow you to earn ALL revenue streams!

Sea Serpents from least rare to most rare.

### Godzilla (Vault Fees) Total supply of 500. Godzilla NFTs will grant you access to accumulate fees from vaults coming the next week. The golden Godzillas will allow you to earn ALL revenue streams!

Godzillas from least rare to most rare.

### Hydra (Perpetual Futures Fees) Total supply of 250. Hydras will grant you access to accumulate fees from our perpetual dex coming in the next couple weeks. The golden Hydra will allow you to earn ALL revenue streams!

Hydras from least rare to most rare.

### Sparkie (Easter Egg) Total supply of 14. In partnership with our sister project Sparkswap on Pulse Chain. We've included 14 easter eggs that will not only get you a whitelist spot for the SPARK404 coming soon but will also allow you to earn ALL revenue streams!

Sparkie - the new Sparkswap mascot

# NFT Marketplaces gCETO404 non-liquid marketplaces ### Purchase gCETO404 NFTs on Element gCETO404's can be listed or purchased on Element Marketplace. See available NFTs:\ NOTE: Because Element uses proxy contracts, we can NOT guarantee that listing your tokens on third party marketplaces will prevent re-rolling. We are in the process of building a custom locker to protect your rare NFTs. We would suggest waiting for the official locker if your worried about loosing rare NFTs. # Locking gCETO404 Please read carefully in order to ensure you hang onto your rare NFTs! ### ❗ ❗ IMPORTANT Each time a 404 token is transffered, a tax is incurred which triggers a re-roll of the NFT. This means that if you have any rare NFTs they could potentially be at risk if you sell or transfer tokens. We are in the process of building a custom locker to protect your rare NFTs. The locker will be available in the next few days. We would suggest waiting for the official locker if your worried about loosing rare NFTs. # gCETO404 Rewards Your share of the protocol revenue. ### gCETO404 Dashboard Within the app you will find a new dashboard to manage your NFTs and earnings. The dashboard will indicate exactly what NFTs you are holding and what revenue streams you qualify for. * You do NOT need to stake your NFTs. As long as you're holding them in your wallet you will be eligible to claim your rewards. * Rewards will be sent out over predefined epochs and can be claimed at anytime after the distribution. * During the first couple epochs ALL rewards will come as 404 Reflections in order to give us some time to get the UI updated for to handle all of the additional pay out tokens. NOTE: The first epoch will start 48 hours from launch in order to give the contracts time to accumulate revenue from the protocol.
# What is yield farming? Yield farming is popular strategy in the decentralized finance (DeFi) sector of cryptocurrency, where investors lend or stake their crypto assets on a platform to earn rewards, typically in the form of interest or additional digital tokens. This process often involves contributing to liquidity pools—smart contracts filled with funds—that facilitate various transactions on the DeFi platform, like token swaps ### How does yield farming work? DApps attract people’s cryptoassets by issuing rewards for deposits. When a person decides to deposit, they send cryptoassets to a smart contract which will hold the assets and keep track of rewards earned. The smart contract issues the depositor a token that acts as a kind of receipt. The token is used to realize any outstanding rewards, and to withdraw cryptoassets from the smart contract. **Liquidity providing:** Liquidity providers, or LPs for short, contribute cryptoassets to a decentralized exchange (DEX) and receive a percentage of exchange fees from trades. LPs must deposit equal amounts of two cryptoassets into a trade pair. # Farming Tutorial \* Farming tutorials coming soon. # Overview **dexVAULTS is the modern way to manage yield farm investments**. It empowers investors by incorporating advanced trading strategies employed by experienced investors. {% embed url="" %} ### What makes dexVAULTS powerful? 🔧 **Customizable Vaults** - Create the ideal vault. Select the preferred farms, adjust their allocations, set the desired profit-taking percentage, and deploy with ease. ⚖️ **Strategic Re-Investment** - Profits are systematically reinvested according to the vault's pre-established allocations, securing value diversification in your portfolio. **💰 Lock in Profits** - Auto-profit taking, customized on a per-vault basis, allows profits to be regularly locked in to high value tokens including blue chips, stables and other tokens of your choice. **🚀 Capital Efficiency** - Experience the benefits of diversified assets within a single vault and participate in public vaults - both reducing the costs associated with compounding and rebalancing in a multifaceted portfolio. **🔥 Capital Mobility** - Migrate between vaults utilizing the in-built smart routing, enabling instant reaction to new strategies as they become available.
# How to bridge Simply select the origin chain *(Arbitrum or BNB Chain)* and the token you want to bridge *(USDC or USDEX+)* and match it with the destination chain *(Manta)* and the token you would like to receive on the other side. \ \ Approve and execute the transaction. \ \ NOTE: Bridging transactions typically go through in under a few mins. If the transaction has not executed with in 1 hour it will be sent back to the same address.
# How to qualify Ceto Swap Airdrop Guide Bridge using Ceto Swap and earn 2X on all bridge fees *(in USD value of CETO)* with bonus airdrops for liquidity providers. Airdrops will take place over a one month period with weekly airdrop epochs. * 250K CETO Tokens * 2X Bridge Fees * All LP providers * Bonus for native LPs *(CETO, USDEX, STGAI)* *Please be aware that liquidity will be low during the bootstrap phase. Make sure to double check the price impact in the “You will receive” section and batch transactions in order to minimize slippage.*