YaySwap price

YAY

YaySwap is the first hybrid DEX platform on the Cardano Blockchain that integrates both an Automated Market Maker and an order book.YaySwap is poised to become the go-to decentralized finance (DeFi) solution for smart-swaps in Cardano. Our unique technology will allow traders to effortlessly execute smart contract-based trades at a fraction of the cost of similar services provided by other decentralized exchanges while safely trading digital assets.

How does YaySwap work? YaySwap is a decentralized hybrid exchange that integrates both an AMM and an order book. By using a tried-and-true concept known as a constant-product market maker as an AMM and an order book, it gives users a familiar way of trading limit orders while increasing liquidity of the digital assets. YaySwap uses the Constant Product Market Maker (CPMM) model. In a transaction scenario involving two tokens, CPMM is more concise and versatile than other models. Users can earn digital assets as liquidity suppliers by injecting liquidity into YaySwap's trading pair capital pool with their idle native tokens.