The 1st AMM & Launchpad on XDC Network Powered by XDC.
XSwap Protocol is a pioneering decentralized exchange built on the XDC Network, emphasizing Automated Market Maker (AMM) functionalities and offering a Launchpad for new projects. Targeting the XRC20 token standard, XSwap enables users to swap tokens securely in liquidity pools and earn rewards. By innovating the Xinfin network, XSwap modernizes global trade and finance via a decentralized infrastructure that boasts efficient, minimal-fee transactions enabled by the XDC network's high transaction speeds. As the first DEX utilizing AMM in this space, it facilitates direct market entry for emerging projects, offering crucial services like token creation, presale initiation, and liquidity management. Operating entirely permissionless and open-source, XSwap does away with traditional order books, instead utilizing algorithmically-determined prices based on liquidity pools. With a total token supply of 13 billion, the protocol also includes a mobile wallet and user-friendly farming platform, enhancing accessibility across the board.
XSwap Protocol is a pioneering decentralized exchange built on the XDC Network, emphasizing Automated Market Maker (AMM) functionalities and offering a Launchpad for new projects. Targeting the XRC20 token standard, XSwap enables users to swap tokens securely in liquidity pools and earn rewards. By innovating the Xinfin network, XSwap modernizes global trade and finance via a decentralized infrastructure that boasts efficient, minimal-fee transactions enabled by the XDC network's high transaction speeds. As the first DEX utilizing AMM in this space, it facilitates direct market entry for emerging projects, offering crucial services like token creation, presale initiation, and liquidity management. Operating entirely permissionless and open-source, XSwap does away with traditional order books, instead utilizing algorithmically-determined prices based on liquidity pools. With a total token supply of 13 billion, the protocol also includes a mobile wallet and user-friendly farming platform, enhancing accessibility across the board.
XSwap Protocol is a decentralized exchange (DEX) built on the XDC Network, focusing on the XRC20 token standard. It offers Automated Market Maker (AMM) functionalities, allowing users to swap tokens and earn within secure liquidity pools. Additionally, it features a Launchpad aimed at helping new projects by providing essential resources for launching tokens. As the first AMM on XDC Network, XSwap emphasizes security and efficiency in transactions.
XSwap Protocol differs from traditional exchanges by utilizing an Automated Market Maker (AMM) system instead of a traditional order book. This setup facilitates direct peer-to-peer trades without the need for a centralized intermediary. This structure allows for efficient and trustless trading, ensuring quick transaction confirmations and low fees, which is a significant advantage over traditional exchanges.
The benefits of using XSwap Protocol on the XDC Network include high transaction throughput of about 2000 transactions per second, low transaction fees, and quick confirmation times. As the first DEX on the network, it also enhances decentralization through a secure environment and provides robust support for token swaps, liquidity provision, and emerging projects through its Launchpad.
Users can earn from XSwap Protocol's liquidity pools by becoming liquidity providers (LPs). They deposit pairs of tokens into the pools and receive LP tokens representing their share. These LP tokens can be redeemed anytime, along with accrued trading fees. This system uses a constant product formula to determine prices and maintain balance as trades are executed, offering a way to earn passively.
The XSP token serves as the governance token within XSwap Protocol, enabling holders to participate in future development and decision-making processes. It is integral for guiding the protocol's direction, ensuring that token holders have a say in strategic and operational decisions, which enhances community engagement and project alignment with user interests.
XSwap Protocol supports new blockchain projects through its Launchpad, which provides essential resources and a platform to initiate token launches. This feature facilitates market entry for emerging projects, allowing for presale initiation, liquidity locking, and broader investor engagement right after development, contributing to the project’s growth and integration within the XDC ecosystem.
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