๐นAbout
Last updated
Last updated
DojoSwap is a Uniswap-inspired automated market-maker (AMM) protocol implemented with smart contracts on the Injective blockchain. The protocol enables a decentralized on-chain exchange for various assets involved in the Injective ecosystem.
Users can participate in DojoSwap as traders, liquidity providers, or both.
Traders have the ability to swap their tokens for different ones via DojoSwap, with the exchange rate being set by the liquidity pool's ratio.
A liquidity provider boosts the liquidity of a DojoSwap pair by contributing an equal value of two assets to the pool, thereby increasing the market's liquidity without altering the pool price. As a reward for this contribution, liquidity providers receive newly created LP tokens, representing their stake in the pool. These tokens come with the advantage of earning trading fees, which accrue with each swap made within the pool.
When liquidity providers wish to withdraw their portion from the pool, they have the option to burn their LP tokens.
DojoSwap Exchange is the official web front-end interface for swapping Dojo native tokens and CW20 tokens. The web application is located here.
A wallet is required to interact with DojoSwap.
Before executing a swap in the web application, your connected wallet must have source tokens and transaction fee. Once you generate a transaction in the proper format, it will prompt you to sign the transaction by entering your password.
