Pegasys

Pegasys is a permissionless decentralized exchange (DEX) running on Syscoin NEVM, Syscoin’s EVM-compatible protocol extension, that aims to bring something fresh and impactful to the DeFi space. It uses the same automated market-making (AMM) model as Uniswap, features a native governance token called PSYS that is community distributed and is capable of trading all tokens issued on Syscoin. In a crowded marketplace with multiple contenders, Pegasys offers three critically important benefits: fast and cheap trades, high-quality development, and a realistic, fair, and market-compatible token distribution.