Swappi is the very first DEX to launch on eSpace, an EVM-compatible smart contract execution environment that allows developers to deploy and execute Ethereum-native dApps and smart contracts within the Conflux ecosystem. As an AMM-based DEX, Swappi lets users trade in a fully decentralized environment without registering or creating an account, enabling anyone to start trading within seconds.
By deploying on a permissionless layer 1 blockchain with significantly lower transaction costs compared to other chains like Ethereum, Swappi is able to provide users with the lowest fees of any top DEX at 0.25%. At launch, supported assets include Conflux’s native token CFX, ETH, USDT, WBTC, and PPI.
Swappi aims to build the most robust DeFi ecosystem on Conflux, with plans to expand its offerings to give users more opportunities to earn.
Swappi V1, the current iteration of the DEX, enables the following features:
- Swap– Swap between any two listed token pairs provided there is enough liquidity.
- Liquidity Pools– Add and remove liquidity, and receive LP tokens.
- Yield Farming– Stake your LP tokens to earn rewards in PPI.
- Staking– Stake your PPI tokens for longer to earn boosted rewards in PPI.
- Playground– Participate in lotteries and prediction markets.
About Swappi
Swappi is a non-custodial platform that lets users trade directly from their wallet of choice and retain 100% ownership of their crypto. Built on open-sourced software, Swappi’s dApps and smart contracts are also publicly visible for maximum transparency.
Swappi smart contracts have been audited by CertiK, the leading security-focused ranking platform to analyze and monitor blockchain protocols and DeFi projects.
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