DolphinSwap is an AMM similar to Uniswap but with many differences. The project will distribute liquidity pool transaction fees to liquidity providers as a long term market reward.
Contents:
Description of the DolphinSwap project
For market makers to want a more flexible market solution, a more flexible market creation protocol is necessary. Therefore, the DolphinSwap project is able to support more than 2 tokens and adjust the liquidity ratio. Of course, if a liquidity provider sets a 1: 1 ratio, it won't be any different from Uniswap.
80% Dolphin Swap trading fee will be paid to the liquidity provider, 15% will automatically buy back the DOP and burn it, and 5% will be used to buy back the DMD and hand it over to the DMD-DAO for processing.
Dolphin Swap's roadmap is divided into three phases:
| 1st stage | Release of doP liquidity extraction and distribution of rewards for market makers. |
| 2nd stage | Launch of Uniswap-like exchange. |
| 3rd stage | Generalized Swap release, with individual market conditions and transaction fees. |
Dolphin Swap's liquidity pool supports up to eight currencies and will allow you to customize the share of each token and the pool fee. It is a universal decentralized exchange.
Additional information
There are no White Paper and RoadMap documents on the site. Instead, the developers present a blog on the Medium platform. Articles, concerning the development of the project, are regularly published there.
Instructions for use:
- Download TokenPocket.
- Create a new EOS wallet or import the old one. Install EOS as your underlying asset.
- Click on the "Discover" button and search for "Dolphin Swap". You will be able to see that you are automatically logged in. If not, click on the "Login" button and the system will automatically enter your account. DolphinSwap's home page shows DOP balance and total shipments.
- Click on "Menu" - "Exchange". Select the tokens you want to exchange and enter the amount.
Also, the community maintains social networks: telegram and twitter. Subscribe to follow the latest news. You can verify the fairness and check the audit here.