The Defi Model gained popularity because Peer to Peer trading allowed us to gain more control of out monetary value, while the validator was an automated smart contract allowing for pure trade. AdaSwap will be facilitating token swaps, ensuring market liquidity, and enabling users to make full use of the network’s capabilities. That is why AdaSwap has expedited its development to coincide with the release of new Cardano functionalities. We believe that the ability to adapt to changes in the fast-moving world of crypto is essential. 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. 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 exchange for providing liquidity, they will earn tokens from the fees the DEX receives. How? Crypto owners invest their digital assets to provide liquidity in a liquidity pool. An AMM uses a mathematical formula to provide traders with an immediate quote based on the current liquidity of a trading pair. 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. Initially, AdaSwap will provide an automated market maker that is an adaptation of the model popularized by Uniswap. 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. This will be revolutionary based on our own Free Finance Model that will change not only DeFi, but the world.ĪdaSwap is an automated liquidity protocol that facilitates trades within the Cardano ecosystem in a completely decentralized and non-custodial way. At the core, the platform will host anAMM (Automated Market Maker) utility that provides decentralized and non custodial market-making for liquidity providers, built and utilized on top of the Cardano blockchain infrastructure. There will be 4 main use cases that will be launched on the AdaSwap platform within the near future followed by exciting RnD initiatives. AdaSwap is an ecosystem builder that will be launched on the Cardano network and will help launch the Cardano network. Cardano does not yet have a decentralized exchange(DEX), which means tokens built on the Cardano network don’t have a native exchange list or launchpad and must rely on centralized exchanges for trade.This will soon no longer be the case, as AdaSwap will be the native exchange that Cardano needs to provide liquidity to projects that create native assets and a thriving ecosystem. The one thing keeping Ethereum in the bull run is the promise of ETH2.0 which has been plagued by multiple delays.Trading as the 3rd biggest crypto project, the Cardano network with will out perform the Ethereum network in the very near future, however, Cardano has 1 main setback. Ethereum is starting to lose wide scale adoption - thanks to a failure to scale, to adopt more secure contract authoring practices, or to out-compete its competitors - and or recent its extremely high gas prices have all been indicators if its imminent collapse.
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