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Description

AshSwap operates as a decentralized exchange that utilizes a stable swap model, designed to enhance liquidity and improve yield dynamics on the MultiversX blockchain. By staking ASH, users can earn veASH and receive transaction fees from activities within ASHSWAP. Furthermore, users can amplify their yield by up to 2.5 times by staking certain designated tokens. Contributing to liquidity in ASHSWAP is possible by depositing assets into any trading pair, allowing users to collect transaction fees. Additionally, by staking LP tokens, participants can accumulate ASH tokens on a daily basis. The platform offers reduced slippage, a quicker swapping process, and a user-friendly experience. It also integrates seamlessly with various DeFi protocols, including liquid staking and yield optimization. A strong and decentralized financial foundation is essential for the growth of decentralized applications, and AshSwap seeks to establish itself as a financial backbone for development within the MultiversX Network. The current iteration of AshSwap features automated market maker (AMM) liquidity pools driven by Stable-swap and Concentrated Liquidity algorithms, while future updates promise to evolve AshSwap into a versatile exchange offering a wider range of trading products. As the platform advances, it aims to foster innovation and expand the capabilities of users within the MultiversX ecosystem.

Description

SofaSwap is an innovative decentralized trading protocol that facilitates coin-margined futures by allowing users to stake a variety of tokens from ETH, HECO, and BSC as margin, while also enabling the use of tokens for settlement purposes. This platform features three distinct roles: the proactive Trader, who seeks high returns but faces significant risks; the passive market Maker, who earns moderate returns with balanced risks; and the Farmer, who earns minimal returns with no associated risk by providing liquidity through token staking. Users can adjust their token quantities based on the transactions conducted among these roles, enhancing the platform's liquidity dynamics. Recently, SofaSwap introduced single-token lock-up mining, where the returns are distributed in the original tokens staked, with profits determined by the duration of the lock-up while maintaining the principal amount intact and risk-free. In terms of transaction fees, the distribution allocates 60% to market maker liquidity providers, 30% to operational costs for the user platform, and 10% to liquidity providers, thus contributing to the value appreciation of SOFA tokens. By addressing the fundamental need for effective hedging solutions, SofaSwap also seeks to elevate the market presence and value of tokens that typically suffer from low liquidity. This comprehensive approach not only enhances user engagement but also fosters a more robust trading ecosystem.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Telegram
BNB Smart Chain (BSC)
Ethereum
Ledger
MultiversX
MultiversX Wallet
xPortal

Integrations

Telegram
BNB Smart Chain (BSC)
Ethereum
Ledger
MultiversX
MultiversX Wallet
xPortal

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

AshSwap

Website

ashswap.io

Vendor Details

Company Name

Sofa Swap

Founded

2021

Website

www.sofa.pub/

Alternatives

Alternatives

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