ArchieSwap

DEX of Archie Scan

https://app.archieswap.io/#/swap

ArchieSwap is a decentralized cryptocurrency exchange that uses the ArchieChain(ARC) ecosystem's first automatic market making mechanism (AMM DEX). ArchieSwap exchange is where standard token trades on ArchieChain(ARC) happen.

There are two kinds of users on the ArchieSwap exchange:

• Liquidity Providers: They add their assets to the Pool.
• Traders: They swap assets back and forth in the Pool according to the algorithm in the smart contract (Smart Contract). This is different from how the order book works on other exchanges.

AMM is a market-making system that lets buy and sell orders be carried out without going through the order book. You only need to add assets to the pool (Pool), and the orders will be filled right away. The price will be adjusted according to the smart contract's formula.