CaviarSwap is brought to you by Caviar Labs, the team behind CaviarNine staking and Radit.io the investable message board.
What is Caviar Swap?
Caviar Swap is a pool-based centralised Automated Market Maker (AMM) on the Radix L1 Protocol
Is it a DEX?
No since smart contracts are not live yet on Radix. It is a centralised service hosted on our servers which uses similar bonding curves to Uniswap / Sushiswap / Balancer.
What is a bonding curve?
A bonding curve is a function of the balances in a pool that determines how much of token B you get in return for sending in token A - in essence it determines the exchange rate
What bonding curve does Caviar Swap use?
Caviar Swap currently uses a geometric mean bonding curve (akin to Balancer) with equal weights. This is equivalent to a constant product across all balances in the pool
Can I add liquidity to a pool and earn some yield from liquidity staking?
This will be enabled once smart contracts are live. However you can consider starting your own pool using our Caviar Pools service
100% of the TIPS to this project go to the CaviarEggs Prize pool which goes straight back to the community!