Garuda Defi
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  • Constant Product Market Maker
  • Trading Fees
  • How to Swap ?
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Last updated 2 months ago

Constant Product Market Maker

Garuda DeFi Swap using Constant Product Market Maker. It maintains a constant product of the quantities of two tokens in a liquidity pool. The formula is:

x * y = k

where x and y are the quantities of the two tokens, and k is a constant. As users trade tokens, the quantities x and y change, but the product k remains constant.

This ensures that prices adjust automatically based on supply and demand.

Trading Fees

In Garuda DeFI, trading fees are set to 0.5% * ( 0.2% for Liquidity providers and 0.3% for GDEX Shares ) for each trade which will be deducted from the transaction of the asset received by the trader.

Trading Fees
0.5%

Liquidity Providers

0.2%

GDEX Shares

0.3%

Trading fess are change-able with governance protocols

How to Swap ?

There are 2 type of swap in Garuda DeFi :

  1. Pool-to-pool swap, heads up to https://garuda-defi.org/swap this will allow user to swap quickly within liquidity pools or based on the route from the registered pair in Garuda DeFi.

  1. Pool swap, swap from registered pool on Garuda DeFi https://garuda-defi.org/market with trading graphic and transaction history information.

Pool-to-pool swap
Pool swap