What is the meaning of swap (swap)?

What is the meaning of swap? Swap is a decentralized exchange operated by smart

What is the meaning of swap (swap)?

What is the meaning of swap? Swap is a decentralized exchange operated by smart contracts. It consists of multiple trading pairs and enables value transfer between peers through token exchange.

In the world of cryptocurrencies, people often believe that a protocol can provide a new asset class or service (such as stocks, commodities, etc.), but currently, most people still do not believe in the work it can do for the financial system. And that’s exactly the design of Swap: anyone can create their own token pool or liquidity mining pool, and these funds can interact directly with another protocol through the token pool. –

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/23389/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.