V Swap enables token swaps in a decentralized way. It is an automated market-making protocol to regulate prices according to a constant product formula, without no additional action required from the liquidity provider. The contract makes it possible to create decentralized exchanges and be a liquidity provider when tokens are owned on both sides of the swap.
Issuing tokens on the V Systems’ chain does not require any coding skills. Contracts are pre-built and audited by V Systems.
Any token holder can earn a yield on the liquidity provided to other traders. The price of any trade is determined algorithmically, based on the ratio of available asset liquidity.
Liquidity Tokens track the liquidity provided. The pool will create liquidity tokens according to the proportion of liquidity available.