xSwap
xSwap
xSwapxSwap (VN)
xSwap
xSwapxSwap (VN)
  • Introduction
    • Overview
    • Terminology
    • Concepts
    • Contracts
  • Tokenomics
    • Token Utilities
    • Fees and Incentives
    • Token Distribution
    • Token Sale
    • veModel
  • Developers
    • Tech Overview Smart Contracts
      • Router
      • Factory
      • Pair
      • Error
    • API
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  • Innovations and Core Features
  • Ecosystem Participants
  1. Introduction

Overview

NextTerminology

Last updated 1 year ago

Welcome to xSwap, the protocol representing next evolution in the decentralized finance (DeFi) ecosystem, operating on the innovative CrossFi Chain. As a direct advancement from existing automated market maker (AMM) protocols, xSwap is engineered to enhance liquidity provision rewards while maintaining user-friendly trading fees. Powered by a constant product formula and deployed via a suite of smart contracts, xSwap champions a decentralized, secure, and censorship-resistant trading environment. Embracing the open-source ethos, xSwap is accessible for community contribution and scrutiny.

Innovations and Core Features

xSwap differentiates itself with an array of innovations:

  • Enhanced Liquidity Provision: Liquidity providers enjoy significantly higher yields with a , a strategic move to attract and retain more liquidity on the platform, ensuring depth and competitive rates for all users.

  • Automated Liquidity Pools: The backbone of xSwap, these pools facilitate smooth and secure token trading, rewarding users who contribute liquidity with a share of the transaction fees.

  • Decentralized Trading Mechanism: Powered by the , xSwap ensures that trades are executed fairly, with dynamic pricing that reflects the current supply and demand.

  • Security and Transparency: Built on the CrossFi Chain, xSwap leverages blockchain's inherent security features, providing a transparent and trustworthy environment for decentralized trading.

Ecosystem Participants

xSwap's ecosystem thrives on the participation of diverse groups:

  • Liquidity Providers: From passive contributors to professional market makers and token projects, all benefit from xSwap's enhanced reward structure.

  • Traders: Including speculators, arbitrage bots, DApp users, and smart contracts, the platform offers an efficient and secure trading environment with accurate pricing.

  • Developers and Projects: The open-source nature of xSwap fosters a creative space for developing innovative DeFi tools and applications, contributing to a rich ecosystem.

1% trading fee
constant product formula