AshSwap (ASH)

AshSwap is a decentralized exchange built on Elrond that helps users trade between stablecoins with low slippage and small fees.

Whitepaper

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What is AshSwap

AshSwap is a decentralized AMM following the stable-swap model built on the Elrond Blockchain.

AshSwap uses the same formulas invented by Curve Finance but introduces some new concepts to improve user experience, increase capital efficiency, and create a more robust token model.

Terms:

• ASH: the governance token of AshSwap
• veASH: vote-escrow ASH, a concept of Curve. AshSwap does not have any voting mechanism at the beginning, but we keep the naming convention for the sake of consistency.