10KSwap
Overview
What is 10KSwap?
The platform operates as an automated market maker (AMM) that enables users to swap cryptocurrencies, provide liquidity, and earn trading fees in a permissionless environment. It leverages StarkNet's zero-knowledge rollup technology to offer significantly reduced transaction costs and improved scalability compared to mainnet Ethereum while maintaining security and decentralization.
How does 10KSwap work?
10KSwap implements an AMM model where liquidity providers deposit token pairs into smart contracts to create trading pools, earning a portion of trading fees proportional to their contribution. The protocol utilizes StarkNet's Cairo programming language and STARK proof system to batch transactions off-chain while settling final states on Ethereum mainnet, achieving high throughput and minimal gas fees.
Who governs 10KSwap?
10KSwap is a decentralized exchange (DEX) protocol built on StarkNet, focusing on providing efficient and low-cost trading infrastructure for the Ethereum Layer 2 ecosystem.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.
