Swappi is a decentralized exchange (DEX) built on Conflux. It was incubated by the Conflux Foundation and launched by a team obsessed with avocados.

Swappi holds the distinction of being the initial decentralized exchange to go live on eSpace. This EVM-compatible smart contract layer, constructed atop Conflux, enables developers to run and launch Ethereum-based dApps and smart contracts inside the Conflux network. The project intends to establish the strongest DeFi framework on Conflux, with future plans to broaden its services so users have additional ways to generate earnings.

The total supply cap for Swappi (PPI) is set at 488,000,000 tokens.

Swappi (PPI) can be kept safe using wallets that support the Conflux eSpace network. Compatible options include MetaMask, WalletConnect, and Fluent Wallet.

You can purchase and sell Swappi (PPI) directly on the Swappi platform.

Swappi operates as an automated market maker (AMM) decentralized exchange (DEX) on the Conflux Network. It provides Conflux users with a new option to swap, stake, and generate yields from their crypto holdings.

As an AMM-based DEX, Swappi enables users to trade, provide liquidity, collect fees and LP tokens, stake those LP tokens to earn PPI, and stake PPI for extra rewards and farming chances.

PPI serves as Swappi’s governance token and distributes a portion of exchange revenues to its holders. The token follows a fixed supply with a decaying emission model for distribution.

Swappi functions as a decentralized exchange (DEX) utilizing an automated market maker (AMM) model on the Conflux Network. It offers users in this ecosystem a new venue for trading, swapping, and staking digital assets. By employing the AMM framework, the platform enables trading, liquidity provision, and yield generation. Users can swap cryptocurrencies, contribute liquidity to pools to receive fees and liquidity provider (LP) tokens, stake those LP tokens to earn PPI tokens, and subsequently stake PPI for further rewards and farming options.

PPI serves as Swappi’s governance token, granting holders a share of the exchange’s revenue. Its distribution follows a fixed supply and a decaying emission structure, designed to ensure fair and sustainable reward allocation for the community.

The Conflux Foundation backed Swappi’s launch, while a team focused on growing the DeFi sector within the Conflux network led its development. Their specific approach and commitment were central to the platform’s creation and expansion.

Notably, Swappi was the first DEX deployed on eSpace, the EVM-compatible smart contract environment of Conflux. This compatibility permits Ethereum-native decentralized applications (dApps) and smart contracts to operate within the Conflux ecosystem, improving interoperability and utility. The team plans to broaden its DeFi services to offer users more ways to earn.

Swappi (PPI) has a capped maximum supply of 488,000,000 tokens, providing clarity on its tokenomics. For security, the platform supports token storage in various wallets compatible with Conflux eSpace, including widely used options that simplify access and interaction.

Individuals wishing to join the Swappi ecosystem can purchase PPI tokens directly on the Swappi exchange, reflecting the project’s aim to maintain an accessible and user-friendly DeFi environment on the Conflux Network.

Swappi secures its platform and user assets through a multi-layered strategy. It builds upon the Conflux Network, utilizing its high throughput and scalability as a secure operational base. As a decentralized exchange (DEX) using an automated market maker (AMM) model, it removes intermediaries, which lowers the security risks typical of traditional order book systems.

The platform strengthens its defenses with advanced technical measures, including secure server setups and SSL (Secure Sockets Layer) encryption to protect data in transit from interception or tampering. Built on Nimiq OASIS, Swappi supports Hashed Timelock Contracts (HTLCs) for trustless, instant atomic swaps. This mechanism mitigates counterparty risk by ensuring asset exchanges only happen if all contract conditions are met within a set timeframe.

Swappi also prioritizes third-party validation, having undergone strict security audits by respected blockchain security firms. These reviews examine smart contracts and code for vulnerabilities to ensure adherence to high security standards. Furthermore, integration with major Conflux eSpace wallets like MetaMask, WalletConnect, and Fluent Wallet offers users secure storage options. These wallets contribute additional safety through features such as key encryption and secure transaction signing. Overall, Swappi combines encryption, audits, wallet integrations, and blockchain technology to maintain a trustworthy environment for decentralized finance on the Conflux Network.

Swappi functions as a decentralized exchange (DEX) on the Conflux Network, employing an automated market maker (AMM) system to enable crypto asset trading, staking, and yield generation. It is a key part of the Conflux ecosystem, aiming to provide diverse decentralized financial activities for users.

The native PPI token has several roles within the platform. It serves as a governance instrument, permitting holders to take part in decisions and shape the platform's future. Furthermore, PPI owners receive a share of the exchange’s revenue, which aligns user interests with the platform's success.

Beyond basic token swaps, Swappi allows users to supply liquidity to pools, receiving fees and liquidity provider (LP) tokens. These LP tokens can be staked to gain extra rewards, such as more PPI tokens. This staking process encourages liquidity provision, helps secure platform assets, and promotes smoother trading.

The platform includes additional features to boost engagement and grow its financial ecosystem, such as airdrops, purchase allocations via the swap function, and referral earnings. These options offer more ways for users to earn rewards and help attract a wider audience.

Security is a top priority for Swappi, which supports storing PPI in multiple wallets compatible with the Conflux eSpace, giving users safe and convenient asset management choices.

Overall, Swappi provides a full range of services for those interested in decentralized finance (DeFi) on the Conflux Network. By focusing on liquidity, staking, and governance within a secure and accessible environment, it stands out as a significant platform for DeFi participation.

Swappi established its footprint in decentralized finance (DeFi) by launching a decentralized exchange (DEX) on Conflux eSpace, becoming the first such platform on that network. This initiative created a space for Conflux users to swap, stake, and earn yields on crypto assets.

After the launch, Swappi rolled out specific features to boost engagement: Swap for asset exchanges, Stake & Earn for yield generation through staking, and Win, which adds gamified rewards. To prioritize security and integrity, the platform partnered with a reputable auditing firm, aiming to build user trust and set industry standards.

Operating as an automated market maker (AMM) DEX, Swappi provides trading, liquidity provision, and farming options. Its governance token, PPI, allows holders to receive a share of exchange revenues and participate in decentralized governance. The team describes Swappi’s position as the first DEX on eSpace, alongside its feature set and security measures, as key to its role in the DeFi landscape, with plans focused on expanding the ecosystem on the Conflux network.