EasySwap — an automated decentralized exchange (DEX) and automated strategy aggregator on the Binance Smart Chain.
Contents:
About EasySwap platform
It is a community driven project that is governed by community votes on all major protocol changes. The developers decided to use Aragon DAO to manage the project and increase the influence of the community. They forked the Aragon DAO project to BSC to manage the long-term project.
Mission - to create a defi platform for the mass market with easy-to-use interfaces. Therefore, BCS was chosen because the Ethereum blockchain is more expensive for end users.
Some features:
| 1 | Easy Swap — a decentralized exchange (or DEX for short), the first Easy Finance product. |
| 2 | Easy Swap is also non-custodian, which means that unlike centralized exchanges, EasySwap does not require you to own your tokens in order for you to trade them. |
| 3 | Instead, EasySwap allows untrusted users to trade on a peer-to-peer network, using liquidity, provided by other users. This means that new projects can easily tap into the desired markets if a business is willing to provide liquidity. |
To be a liquidity provider, holders of any token must provide equal shares of liquidity for that token (sometimes, called a quote token) and a second token (usually, ETH or stablecoin). In return, these holders receive Easy Liquidity Provider (ELP) tokens, which represent their share of the total liquidity for this pair of tokens. The existence of this pooled liquidity gives other traders access to the underlying tokens in exchange for a small commission.
Additional information
At the moment, there are no White Paper and RoadMap on the site. An introductory document and a short description on the main page are provided.
If you want to stay up to date with all innovations, subscribe to the community on the following social networks:
- twitter;
- telegram;
- blog.
You can also leave your e-mail address on the site to receive a newsletter with project news. The smart contract has not been audited.