Oswap

Oswap.io is an automated token exchange for Obyte. The prices on the DEX are set automatically using a mechanism called “constant product market maker”. Oswap.io earns better yields for liquidity providers than other DEXes and offers leverage trading without liquidations for traders.

Main features:

– leverage trading without liquidations

– arbitrageur profits are redistributed in favor of liquidity providers (LPs), hence they earn better yields

– option to amplify liquidity and therefore reduce slippage and increase LP earnings

– LPs also earn interest by lending to leverage traders

– LPs also charge a tax from leverage traders when they close their leveraged positions with profit

– option to create pools optimized for stablecoin pairs. They better utilize liquidity hence make better yields for LPs. LPs can adjust the stablecoin trading range by governance.

– almost all pool parameters can be changed by governance of liquidity providers

– anybody can create new trading pairs without any restrictions through a simple user interface

The DEX runs on Obyte – a DAG based DeFi platform. Unlike blockchains, DAG is not subject to miner manipulation, sandwich attacks, and other forms of miner extractable value (MEV).

The DEX is powered by several Autonomous Agents – self-executing autonomous programs running on the DAG. Their code is open-source, permanently published on the DAG, and immutable. There are no admin roles and no upgradability. Nobody, even the creators of Oswap, can interfere with its operation.