Introduction
Last updated
Last updated
FluxSwap is a decentralized exchange (DEX) using the Fuse technology stack. Inspired by Uniswap constant-product automated market maker (AMM), FluxSwap is created to speed up the processes of trading tokens in the crypto market.
In essence, the AMM is a protocol that supports quick swapping between tokens by replacing the existing buy/sell order book structure with Liquidity Pools created on-chain by liquidity providers. With this protocol, these agents deposit a pair of tokens, and an algorithm automatically makes markets for the token pair.
Traders then can easily swap between tokens in the AMM and get guaranteed rates for the swaps. Each swap on FluxSwap induces a fee, which gets distributed to liquidity providers.
To use FluxSwap, you will have to migrate to the Fuse Chain. This requires:
Connecting MetaMask to Fuse network:
Bridging tokens from Binance Smart Chain (BSC) to Fuse network:
Connecting FluxSwap to MetaMask