Taker Swap

Taker Swap is the native decentralized exchange (DEX) protocol of Taker Chain, which aims to maintain liquidity in Taker ecosystem through liquidity pools by AMM mechanism. Taker Swap operates using liquidity pools where users deposit cryptocurrencies into these pools to provide liquidity. The pools then use algorithms to set token prices based on the ratio of assets in the pool. When the user wants to trade, they swap one token for another directly through the AMM. The design of Taker Swap is inspired by the innovations pioneered by Uniswap V3.

Key Features

Concentrated liquidity

Giving individual LPs granular control over what price ranges their capital is allocated to. This targeted approach enables much more capital-efficient liquidity provision, as liquidity is concentrated where it's most needed

Multiple fee tiers

Allowing LPs to be appropriately compensated for taking on varying degrees of risk.

Reduced Gas Costs:

The gas-optimized swaps help lowering transaction costs for users, making Taker Swap more accessible and attractive for traders.

Capital efficiency

Paves the way for low-slippage trade execution that can surpass both centralized exchanges and stablecoin-focused AMMs

Lower Capital risks

LPs can significantly increase their exposure to preferred assets and reduce their downside risk

More operation capacity

LPs can sell one asset for another by adding liquidity to a price range entirely above or below the market price, approximating a fee-earning limit order that executes along a smooth curve.

Permissionless Pool and extra rewards

Taker Swap supports standard permissionless pools, which allow any user to mint, burn, or swap without restrictions. However, only the supported assets pool can get extra veTaker rewards (BTC/WBTC, BTC/BTCB, BTC/USDT, BTC/USDC, BTC/ Ordi).