Layerswap

Trade with precise speed

Introduction

Layerswap is able to exchange {Token standard} tokens with each other based on liquidity pools. Token exchange is executed based on the equation of Pancakeswap v2 AMM, x * y = k, and slippage occurs during token swap.

When exchanging tokens on Layerfi protocol's pool, the transaction fee of 0.1% is incurred according to each liquidity pool's fee policy. The transaction fees are paid 100% to LP.

AMM Mechanism

AMM is an innovative trading mechanism that has changed the way of cryptocurrency trading on-chain. Instead of the buy/sell order book method, participants can trade freely through liquidity pools created by liquidity providers, and liquidity providers can earn trading fees generated from the liquidity pool as profits according to their liquidity contributions.