Eswap.tube — an automatic market creation protocol, supported by a permanent product formula and running on a non-renewable smart contract system on the Ethereum blockchain. ESwap eliminates the need for middlemen, providing decentralization, censorship resistance and security.
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About the Eswap.tube
An automatic market creation agreement is like a store with basic functionality. In ESwap, the liquidity provider plays the role of processor and seller. ESwap can provide exchange services for any two ERC20 tokens, but this requires liquidity providers.
The amount of LP can be exchanged in proportion to the amount of assets in the current reserve, which ensures that the proportion of your deposit is equal before any transactions are executed. ESwap's exchange base is entirely based on liquidity, added by liquidity providers. When there are no tokens in the reserve, users can add liquidity in any proportion and the first supplier sets the initial price of the mining pool.
The ESwap ecosystem mainly consists of three types of users: liquidity providers, traders and developers:
| 1 | Liquidity providers are interested in contributing tokens to the regular liquidity pool. |
| 2 | Traders can exchange these tokens for a flat fee of 0.40% (liquidity provider profit). |
| Developers can collaboratively develop ESwap and open up an exciting future for ESwap by improving user experience, transaction processes, and more. |
ESwap's exchange base is entirely based on liquidity added by liquidity providers. All liquidity providers are encouraged to place tokens, proportional to market exchange rates. The biggest feature of the decentralized trading platform is the elimination of third party and order book involvement in blockchain financing through the use of smart contracts to achieve financial decentralization and order reconciliation.
What else should you know?
Since ESwap - a decentralized trading platform, built on Ethereum smart contracts, most of the cryptocurrency wallets, applicable to the Ethereum chain, can be linked and used by ESwap, including MetaMask, imToken, Trust Wallet, Huobi Wallets, etc. You can get more information about Eswap.tube through WhitePaper, as well as by examining the main page on the site. Answers to questions are also available there. The site runs in English and Chinese.
Social networks are actively pursuing:
- twitter;
- discord;
- telegram;
- blog.
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