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This project has been archived by Cardano Cube. A project will be archived when the direct link to their website or social media accounts are broken or if there is too little online activity from the project to still be listed. If you're the owner of this project. You can re-verify your project by contacting us.
We advise you to be cautious and 'do your own research' before interacting with this project. Flagged projects are labelled based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
We advise you to 'do your own research' before interacting with this project. This notification is shown based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
CardaSwap is an automated market maker (AMM) / Decentralized exchange built for theCardano blockchain.Cardaswap Exchange allows participants of the blockchain to add liquidity and create amarket pair for other users to exchange their native Cardano tokens. In return, traderspay a small fee and the liquidity providers earn a percentage of their deposit.
Swap, Earn And Build On The Next-Gen DEX On The Cardano Blockchain. Trade, Bridge And Become A Liquidity Provider In A Financial Marketplace That Is Open And Accessible To All.
Each Cardaswap pair stores pooled reserves of two assets and provides liquidity for those two assets while maintaining the invariant that the product of the reserves cannot decrease. Traders pay a fee on trades, which goes to liquidity providers. The contracts are non upgradeable.In addition to decentralizing access to financial services, a DEX also typically decentralizes profits from those services. Participants who provide the liquidity to create the market collect a small fee, creating a vehicle for passive income at returns usually reserved for large institutions and unheard of for the individual investor. Several successful DEXs have been built on existing blockchains like Uniswap and Curve onEthereum and also PancakeSwap on the Binance Smart Chain.
