DiSwap

Diswap is the industry’s decentralized exchange protocol on the HECO featuring a low, dynamic transaction fee for all trades, addressing the largest underserved part of DEX users.

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Inspiration

What it does

How we built it

Decentralized finance users have been suffering from high transaction fees for swapping tokens for a long time. For small-size trades, the transaction fees can sometimes beveyr high at those incumbent DEXs. With Diswap, users can save up to 30% in transaction fees and even less with more liquidity in the pool in the future.”

Accomplishments that we're proud of

What's next for DiSwap

There are 5 main functions in the protocol:

Swap: Users can swap between any two supported tokens upon paying a 0.3% swap fee

Pool: Each liquidity pool consists of reserves of two ERC-20 tokens, and issues an ERC-20 pool token as a proof of proportional ownership of the underlying reserves

Boost: LPs can increase, claim and view their CRO DeFi Yield and Bonus LP Yield

APY: Users can estimate their DeFi Yield

Analytics: Users can view the overall and per token / pair data of the DiSwap protocol, including liquidity, trading volume, etc.

Users can access our protocol with the following methods: At launch, users can access the protocol and its analytics via a dedicated web app, and can be connected with any wallet

In the future, we will also support native integration within our Huobi Wallet and analytics access through API

The protocol is implemented in a system of smart contracts on the Heco blockchain. It is an open-source software.

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