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AdaSwap - Cardano DEX

AdaSwap - Cardano DEX

AdaSwap - Cardano DEX is a the next-gen DEX based on Cardano.

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All edits by  DzinTonic LRT 

Edits on 31 Jan, 2022
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DzinTonic LRT
edited on 31 Jan, 2022
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Description (-82 characters)
Article (+35/-2359 characters)
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AdaSwap - Cardano DEX

The next-gen DEX based on Cardano! Swap, bridge & trade between Cardano-based tokens and stablecoins within seconds.

Article

AdaSwap is striving to be the first- DEX based on Cardano! Our. mainMain goal is- to develop tools for creators and users, as well as bringing high-yield staking pools and NFT content through our launchpads and marketplaces.

Vision

To achieve an inclusive DeFi ecosystem empowered by a fairer, cheaper and more accessible Cardano based AMM. We will be one of the 1st movers on the Cardano network giving us an advantage and allowing AdaSwap to create a micro ecosystem that will help induct the world into the development and

use of the Cardano Blockchain. This will be done through transparency, a public team, strong community involvement, rock-solid tech and our own new market models.

Mission

In what is clearly looking like an “Ethereum Killer” market opportunity, we are committed to establishing a thriving Cardano ecosystem that includes a trustless decentralized exchange (DEX) coupled with an ultra-fast gasless automated market maker (AMM). By building a thriving Cardano ecosystem, our mission is to onboard the next wave of crypto users into the DeFi world for a platue of use cases such as: Staking, Farming, Swapping, a launchpad for new tokens and projects, NFT marketplace and much more!

...

The AdaSwap Platform is the software solution that the company will launch. This platform will be used to unlock the full potential of the AdaSwap Token ($ASW). The platform will serveserves as an access point to the world of DeFi, the Cardano ecosystem and the resulting AdaSwap ecosystem.

...

AdaSwap is an automated liquidity protocol that facilitates trades within the Cardano ecosystem in a completely decentralized and non-custodial way. AdaSwap has no order book -- wethis eliminateeliminates all intermediaries, complexity, and cumbersome procedures from the equation, offering users untrammeled

freedom to trade without censorship or loss of control over their assets. Initially, AdaSwap will provideprovided an automated market maker that is an adaptation of the model popularized by Uniswap.

When an individual or an entity wants to swap two assets, an AMM is like a robot that is always able to quote a price. An AMM uses a mathematical formula to provide traders with an immediate quote based on the current liquidity of a trading pair. How? Crypto owners invest their digital assets to provide liquidity in a liquidity pool. In exchange for providing liquidity, they will earn tokens from the fees the DEX receives. To put it another way, instead of getting a price from an order book, the price is calculated using an algorithm

Users can maintain full control of their tokens and are not required to give up their private keys so that their orders can be logged as they are on a centralized exchange. In this way, decentralization is not just about user privacy but also about eliminating the risk of asset loss in an improbable event of exchange security being compromised. We believe that the ability to adapt to changes in the fast-moving world of crypto is essential. That is why AdaSwap has expedited its development to coincide with the release of new

Cardano functionalities. AdaSwap will be facilitating token swaps, staking, ensuring market liquidity, and enabling users to make full use of the network’s capabilities.

DzinTonic LRT profile picture
DzinTonic LRT
edited on 31 Jan, 2022
Edits made to:
Infobox (+4 properties)
Description (+116 characters)
Article (+3463 characters)
Table (+2 rows) (+6 cells) (+169 characters)
Table (+1 rows) (+3 cells) (+63 characters)
Topic thumbnail

AdaSwap AdaSwap - Cardano DEX

The next-gen DEX based on Cardano! Swap, bridge & trade between Cardano-based tokens and stablecoins within seconds.

Article

AdaSwap is striving to be the first DEX based on Cardano! Our main goal is to develop tools for creators and users, as well as bringing high-yield staking pools and NFT content through our launchpads and marketplaces.

Vision

To achieve an inclusive DeFi ecosystem empowered by a fairer, cheaper and more accessible Cardano based AMM. We will be one of the 1st movers on the Cardano network giving us an advantage and allowing AdaSwap to create a micro ecosystem that will help induct the world into the development and

use of the Cardano Blockchain. This will be done through transparency, a public team, strong community involvement, rock-solid tech and our own new market models.

Mission

In what is clearly looking like an “Ethereum Killer” market opportunity, we are committed to establishing a thriving Cardano ecosystem that includes a trustless decentralized exchange (DEX) coupled with an ultra-fast gasless automated market maker (AMM). By building a thriving Cardano ecosystem, our mission is to onboard the next wave of crypto users into the DeFi world for a platue of use cases such as: Staking, Farming, Swapping, a launchpad for new tokens and projects, NFT marketplace and much more!

AdaSwap Token $ASW

The AdaSwap token has been successfully launched to the public through 2 rounds of private seed sales. The design embeds in the token an algorithmically right to access revenues and utilities produced by the

AdaSwap platform

The AdaSwap Platform is the software solution that the company will launch. This platform will be used to unlock the full potential of the AdaSwap Token ($ASW). The platform will serve as an access point to the world of DeFi, the Cardano ecosystem and the resulting AdaSwap ecosystem.

Decentralized Exchange

AdaSwap is an automated liquidity protocol that facilitates trades within the Cardano ecosystem in a completely decentralized and non-custodial way. AdaSwap has no order book -- we eliminate all intermediaries, complexity, and cumbersome procedures from the equation, offering users untrammeled

freedom to trade without censorship or loss of control over their assets. Initially, AdaSwap will provide an automated market maker that is an adaptation of the model popularized by Uniswap.

...

When an individual or an entity wants to swap two assets, an AMM is like a robot that is always able to quote a price. An AMM uses a mathematical formula to provide traders with an immediate quote based on the current liquidity of a trading pair. How? Crypto owners invest their digital assets to provide liquidity in a liquidity pool. In exchange for providing liquidity, they will earn tokens from the fees the DEX receives. To put it another way, instead of getting a price from an order book, the price is calculated using an algorithm

Users can maintain full control of their tokens and are not required to give up their private keys so that their orders can be logged as they are on a centralized exchange. In this way, decentralization is not just about user privacy but also about eliminating the risk of asset loss in an improbable event of exchange security being compromised. We believe that the ability to adapt to changes in the fast-moving world of crypto is essential. That is why AdaSwap has expedited its development to coincide with the release of new

Cardano functionalities. AdaSwap will be facilitating token swaps, staking, ensuring market liquidity, and enabling users to make full use of the network’s capabilities.

Table

Name
Role
LinkedIn

Itay Levy

Co-Founder & Strategic Partnerships Manager

https://www.linkedin.com/in/itay-levy-80a6b0161/

Lennon Qualmann

CEO & Co-Founder

https://www.linkedin.com/in/lennonsan/

Table

Title
Author
Link
Type
Date

AdaSwap Whitepaper

https://adaswap.app/AdaSwap-Whitepaper.pdf

PDF

Infobox
Instagram
https://www.instagram.com/adaswap/
Facebook
https://www.facebook.com/adaswapapp/
LinkedIn
https://www.linkedin.com/company/adaswap/
Twitter
https://twitter.com/adaswapapp
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DzinTonic LRT
created this topic on 31 Jan, 2022
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Infobox (+2 properties)
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 AdaSwap

The next-gen DEX based on Cardano.

Infobox
Is a
Cryptocurrency
Cryptocurrency
Website
https://adaswap.app/

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