KLAYswap
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KLAYswap
English
Introduction
Protocol Overview
Core Concept
KLAYswap Advantages
Risk & Security
Audit
TOKENOMICS
KSP
PRODUCT
SWAP
Single-side Deposit
Pair Deposit
Plus Deposit
KSP Staking & Voting
Governance
Drops
Ecopot
Pool Airdrop
APR & APY
DEVELOPERS
Contract
Airdrop
EcoPot
HOW-TO GUIDES
KLAYswap Guide
How to add liquidity on KLAYswap
How to create a liquidity pool on KLAYswap
How to stake and vote on KLAYswap
How to deposit assets
FAQ
KLAYswap
Orbit Bridge
KLAYswap git
Orbit Bridge git
KLAYswap audit report
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KLAYswap Advantages
KLAYswap has the advantages of reliability, sustainability, and scalability.

Reliability

KLAYswap is having a security audit conducted by Certik, a globally renowned security audit agency. The KLAYswap protocol is comprised of and operates through a variety of smart contracts. A single, small vulnerability within a smart contract can lead to devastating accidents related to service availability and security. KLAYswap puts the safety of its users' transactions first, and is in the process of getting a security certification with Certik to assure safe protection against any possible security incidents in the near future.

Sustainability

KLAYswap is not a copycat of Uniswap, neither is it a simple fork. We’ve developed KLAYswap from the ground to make it go much further than just offering liquidity mining as Uniswap does. The structure itself assures substantial and significant trading volume centered on sKLAY and KLAY. In particular, since sKLAY is an asset bonded to a staked KLAY, there will be an interesting market where the demand for a 'discount' to avoid the 7-day unstaking period and the demand to purchase KLAY at a lower price than the market price will meet. Especially if one contributes to this sKLAY-KLAY pool, the possibilities are:
  1. 1.
    Acquiring KSP Mining Tokens
  2. 2.
    Obtaining KLAY from KLAYswap transaction fees, and,
  3. 3.
    Holding sKLAY allows you to obtain KLAY staking compensation.
The guaranteed return on item (3) is not found in any other swap service and will enable the creation of more value while also addressing the sustainability issues of DeFi.

Scalability

KLAYswap can deal with not only Klaytn-based tokens, but also with other network-based tokens by utilizing Orbit Chain's interoperability to meet the Klaytn Foundation's goal of addressing a wide range of real-life digital assets. Ethereum-based tokens (ETH, ORC, DAI, WBTC) can be transferred to the Klaytn ecosystem via Orbit Bridge.
In addition, the LP tokens given as supply vouchers to liquidity providers can generate profits on their own. They are enabled to be linked to other financial protocols and be exchanged among all stakeholders in the ecosystem. Klaytn can create innovative financial applications by utilizing the LP token. To sum up, KLAYswap is an important starting point to activate Klaytn's economic ecosystem with guaranteed scalability due to its injection of increased interoperability and asset efficiency.
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Risk & Security
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