Today I’m excited to announce the release of Oswap.io on Obyte mainnet!
You can try it now here: https://oswap.io
The website is fully hosted on IPFS see this release hash: https://gateway.pinata.cloud/ipfs/QmefpgoYmcQdUMDrhe1YPD4fRpan4YjFekkwxS12mqFxzs
Oswap.io factory address is: B22543LKSS35Z55ROU4GDN26RT6MDKWU
âš This is still an early beta release, so please start with small amounts of funds and submit any bugs that you come across on our issue tracker.
What is Oswap.io?
Oswap.io is an automated asset exchange for Obyte largely inspired by Uniswap. Most exchanges maintain an order book to facilitate matches between buyers and sellers, Oswap.io remove the need of an order book, on Oswap.io the prices are set automatically using a mechanism called “constant product market maker”, it keeps overall reserves in equilibrium and doesn’t require any oracle. Reserves are pooled between a network of liquidity providers who supply the autonomous agents with assets in exchange for a proportional share of swap fees.
Getting help
For a real-time avenue of communication, check out Obyte official Discord server. There you’ll find me @fabien#4765 and community members who can help answer questions about the Oswap.io.
Thank you!
I would like to thank Obyte Foundation for supporting Oswap.io with the grant program and thank you Tony for his precious help along the way.
