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Azerbaijan
1 Level
458 Review
1005.25 Karma

Review on SwapX by Hasan Abbas

Revainrating 4 out of 5

What is SwapX?

What is SwapX?
SwapX is the world's first DEX that allows anyone to create and own their very own liquidity pool fund. SwapX improves upon Uniswap and is helping evolve DeFi with its triple yield farming model and as a DEX of DEXs, aggregating liquidity from other DEXs, starting with Uniswap and ShushiSwap. Balancer and others will soon follow.

How is SwapX different from Uniswap?
Compared to Uniswap, SwapX v1 adds features that incentivize liquidity providers with SWP, Pair Token, and rewards on LP token Staking.
In October we plan to launch V2 with community govenance featuresfor the liquidity pools, which will allow communities to become even more autonomous.



Pros
  • High fee
Cons
  • Some issues on securities