Swap 🔜
Last updated
Last updated
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.
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.
Liquidity Providers
0.2%
GDEX Shares
0.3%
Trading fess are change-able with governance protocols
There are 2 type of swap in Garuda DeFi :
Pool-to-pool swap, allows swap to be exchanged quickly within liquidity pools or based on the route from the registered pair in Garuda DeFi.
Pool swap, swap from registered pool on Garuda DeFi with trading graphic and transaction history information.