Architecture

SwiftSwap runs on a smart contract engine called an Automated Market Maker (AMM). The AMM is autonomous and executes transaction instructions initiated at the user interface

Major Components

  • Automated Market Maker - This is a combination of smart contracts, build and deployed on the electroneum network. They execute the swap operations and are the core of the protocol

  • Price Oracle - This is an external service that feeds current token price information to the algorithm to ensure an optimum exchange rate is upheld for all swap instances

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