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NagaSwap
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NagaSwap
Abstract
Market Overview
Introduction
Speed and Usability
Centralization
Orderbooks
Cross-chain Support
Project NagaSwap Protocol
NagaSwap Protocol Settlement Logic
Nagaswap Protocol Settlement Logic Korean
Token Sale
Road Map
Security Certification - Verified by CertiK
An Introduction to Binance Smart Chain (BSC)
Make Money Game
Anteres Governance
Introduction
The Anteres Token
Our Long-Term Vision
Tokens Locked for 2 Years of Vesting
Eco-system Explaination
Token Sale Metrics
Token Distribution
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Orderbooks
Uniswap has quietly revolutionized DeFi by allowing trading without order books. But the more remarkable thing is that Automated Market Making is necessary. AMM is a system where there are no limit orders, or even bids or offers; in an order book, you can decide the price, size, and direction you want to trade.
There are lots of disadvantages to AMM. You can’t provide liquidity unless you provide both sides; you can’t choose to only provide at a particular price; you can’t provide at a price other than the current market price, and you can’t select the size to provide there without providing way more behind it.
There’s a solution to this–it’s what the rest of finance does. But DeFi doesn’t have order books, by and large, because the ETH network is too slow and expensive to support them. Matching bids and offers with each other involve a bunch of operations.
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Centralization
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Cross-chain Support
Last modified 1yr ago
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