Calaswap

Calaswap's mechanism is based on the x*y=k formula. When creating liquidity pool, each price range depends on the quantity of each token. It is designed to decide the price according to the change of supply per token in the liquidity pool.

Calaswap's structure is designed to enable users to achieve comprehensive and secure transactions through market liquidity. However, there is a variety of uncertain risks in liquidity supply, and the asymmetry of time, information, subject should be eliminated to meet the user’s requirements. Layered Architecture of Calaswap is suggested to fulfill the requirements above.

20% of all transaction fees will be used to repurchase CLS tokens from the open market and burn. In general, CLS token burn occurs once a month and the information on burning will be disclosed transparently. For other products to be released in the future, the deflation mechanism can be considered.

Calaswap DAO is decentralized autonomous organization governs Calaswap. The creation of Calawap DAO offer direct control of community about extended governance mechanism by indicating movement to completed DAO features. The entire participants of DAO will be committed to achieve the common purpose which Calaswap DAO and CLS token to be fully decentralized, owned and managed by DAO.