Onboarding: Welcome To The Panaswap Community

Panaswap Community
2 min readJan 13, 2022

With Decentralised Exchanges Paving The Way In The DE-FI Ecosystem On Other Blockchain, Panaswap Is Here To Cater To The Needs Of The Cardano De-Fi Users 😊

Panaswap is a noncustodial automated market maker Built for the Cardano Blockchain And Is aimed at providing increased capital efficiency and fine-tuned control to liquidity providers thereby improving the accuracy and convenience of the price oracle thus having a more flexible fee structure.

Automated market makers (AMMs) are agents that pool liquidity and make it available to traders according to an algorithm.

Decentralised exchanges (DEX) are a type of cryptocurrency exchange which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary.

Although centralised exchanges (CEXs) currently dominate cryptocurrency trading activity, decentralised exchanges (DEXs) are growing in popularity. DEXs facilitate peer-to-peer trading by relying on automated smart contracts to execute trades without an intermediary. However, not all DEXs employ the same underlying infrastructure. While some retain conventional order book models, others including Panaswap use emergent liquidity protocols. In addition to exchange and liquidity protocols, developers are building new aggregation tools to address the disjointed liquidity that’s inherent in decentralised exchanges.

Panaswap As A Decentralised Exchange And Automated Market Maker Will Be The Go To Platform For Everyone Looking To Tap Into The Transparent And Low Fee Cardano Ecosystem.

There is also an avenue for passive income through our liquidity pool where liquidity providers earn passive profits from transaction fees. these profits are also decentralised and one of the aspects of Dex exchanges that motivates investors.

The Story Continues:

As we continue on this PANA journey, we strive to bring massive futuristic expansion and innovations to the PANA ecosystem, enhancing our current projects and working towards bringing new projects to further broaden the scope of the PANA mission.

We are grateful for all your support and the immense help the community have been to the growth of the project.

Follow The Panaswap Project On The Following Channels:

Twitter: https://twitter.com/PanaSwap
Telegram:
https://t.me/panaswap
Instagram:
https://instrgam.com/panaswap
Medium:
https://panaswapcommunity.medium.com/

Our Official Website: https://panaswap.com

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Panaswap Community

State Of The Art Decentralized Exchange / Automated Market Maker Built On The Cardano Blockchain — Pool Liquidity Swap