Minswap Decentralized Exchange
https://github.com/minswap/contracts
Introduction
Minswap is a Decentralized Exchange (DEX). The purpose of a DEX is to enable permissionless trading of token pairs. For each swap, a fee is taken, which goes to the Liquidity Providers (LPs). Anyone can provide Liquidity as well, hence profits are decentralized. Minswap is a community-centric DEX, in that our tokens are fairly distributed, without any private or VC investment. Minswap has pioneered several ideas in the Cardano ecosystem such as the FISO model, touted as the fairest ISO model in the Cardano community, and we plan to continue developing several value adding features once we have launched the DEX. This will benefit both the Minswap community, and the Cardano community as a whole.
Features
- Community First: MIN tokens are distributed fairly to protocol participants and Liquidity Providers, who can participate in governance and vote democratically on protocol changes.
- Innovation-Driven: We pioneered ideas such as the FISO model or the MINt token, and plan to continue doing so with further novel initiatives.
- Launchpool: Minswap is permissionless, meaning anybody can list tokens without needing KYC. Moreover, there will be lots of Cardano DeFi users looking for a place to trade new tokens, thus we plan to foster these new projects in the Cardano ecosystem offering Initial DEX Offering (IDO) and Initial Farm Offering (IFO).
- Stake Pool Operators Support: Minswap supported SPOs through the FISO and plans to continue doing so with a community-oriented ADA delegation policy, incentivizing SPOs in our batching solution Laminar, and by enabling automatic native token fees conversion (Babel Fees).
- Ethereum Compatible: With the ERC-20 Converter, users can trade Ethereum tokens at much lower fees.