ArthSwap is a versatile DeFi protocol aimed to become the leading DEX on the Astar Network. Its main features are swap, staking, liquidity farming, and there are plans to add even more features in the future!
About Astar Network
Astar Network is a leading smart contract hub with WASM and EVM support in the Polkadot ecosystem. Since winning the Parachain auction in January 2022, Astar Network has become a leader in Polkadot in terms of total value locked in contracts and the number of Ethereum assets transferred. Astar Network connects the Polkadot ecosystem with Ethereum, Cosmos, and other major first-level blockchains. It supports dApps using multiple virtual machines - WASM and EVM - and offers the best technological solutions and financial incentives through its Build2Earn and Astar Incubation programs for Web3 developers.
ArthSwap has the following advantages:
| No | Description |
|---|---|
| 1 | Intuitive and easy-to-use interface accessible to all users. |
| 2 | Provides users the opportunity to earn high income from their investments. |
| 3 | Supports high-speed trading operations on the Astar blockchain platform. |
ArthSwap's goal is to expand its service in the Astar Network ecosystem, and the team is actively working to optimize all features for this network, making it an Astar-native application ("Astar-native" DApp).
ArthSwap Communication Resources
The team has created several platforms for communication and discussion about ArthSwap, for investors, users, and the general public. These are the places where the ArthSwap team hopes to have useful and productive conversations with our community.
- ArthSwap Forum
The forum was specifically created for discussions on various topics, including economics and proposals. Users with proposals and constructive feedback are invited to participate. There is also an "Uncategorized" section where users can freely talk about their crypto life and share their love for the Astar Network.
- ArthSwap Discord
Here, users can access media resources, official announcements, Twitter news feeds, official links, ArthSwap tutorials, job opportunities, and much more. Community rules must be followed.
- Telegram
Announcements made by the ArthSwap team in Telegram are automatically synced with the official ArthSwap Telegram. Despite the closure of the English channel, local ArthSwap communities in Telegram are managed by community managers on a voluntary basis.
Depending on whether you are a Telegram or Discord user, you can choose to engage with your local ArthSwap community on Telegram, Discord, or both.
Income Multiplication on ArthSwap
Swap function is basic for DEX, and ArthSwap is no exception. Users can exchange assets for any of the following: xcDOT, ASTR, ETH, USDT, ceUSDT, ceUSDC, DAI, ETH, BAI, BTC, BNB, MATIC, JPYC, and many others.
Using Arthswap, users can engage in farming, bringing cryptocurrencies into the pool and maintaining liquidity to earn passive income. As a reward for providing liquidity and staking LP on ArthSwap, $ARSW will be distributed as a reward.
Farming on ArthSwap has the advantage of high APY. The process is quite simple with an accessible user interface.
Using the dual farming program, users can collaborate with a partner project, aimed at stimulating liquidity in the Astar network for the Polkadot community, to ensure seamless fund transfer between Parachains. Additionally, ArthSwap serves as the main source of liquidity for the Astar Network.
ARSW holders can choose to stake their tokens to earn more revenue from the protocol's earnings. 0.05% of the trading fee from each transaction on ArthSwap is automatically used to buy back ARSW on the market and distribute it among stakers every day. Additionally, to prevent system spamming, a 1% deposit fee has been set.