ClaimSwap — a Klaytn DEX, based on AMM (Automated Market Maker). KLAYswap, which already provides a similar service, has contributed to the expansion of the Klaytn Defi ecosystem. However, no other DEX was developed in the ecosystem, which left users with limited options. The ClaimSwap team is trying to provide a more user-friendly protocol.
About the ClaimSwap project
ClaimSwap aims to create a leading global community, representing the Klaytn ecosystem. Developers release a channel through which all Klaytn users can communicate, regardless of the project they are participating in. Community - the main driver of ClaimSwap's growth. In ClaimSwap, the CLA management token defines all decisions that shape the future of the protocol. The ultimate goal - to become a community driven protocol.
Claim Swap has four types of participants:
| 1. | The trader pays 0.3% of the transaction amount as a transaction fee and exchanges his X token for Y token. |
| 2. | Liquidity provider. Provide liquidity for certain token pairs in Claim Swap and receive half of the transaction fee (0.15%) as incentives. |
| 3. | Service provider. It is a third party DApp (= Token Project) that uses Claim Swap liquidity to manage various services. |
| 4. | Participant. Anyone, including developers, planners, designers, marketers and investors, can contribute. |
Claim Swap — a SushiSwap-inspired protocol, controlled by smart contracts on the Klaytn blockchain. Claim Swap allows you to exchange various cryptocurrencies in the Klaytn ecosystem on the chain. The development team sees censorship resistance and security as a top priority in a decentralized world where we don't need middlemen.
More about defi app
you can very easily exchange the KSP LP token for the CLA LP token, using the "Migration" function. Convert KlaySwap (KSP) liquidity to Claim Swap (CLS) with three simple clicks. Stake your LP token, transferred from KSP to Farm, and receive a CLA reward.
The ClaimSwap team will constantly work with third-party projects to develop the Klaytn ecosystem. You can get more information about the site through the introductory document. From social networks, the community leads:
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