forbitswap introduction

forbitswap - The universal AMM built on Aptos Chain

What is forbitswap?

forbitswap is a blockchain protocol that generates automated market makers (AMMs) and liquidity pools to facilitate peer-to-peer trading. Liquidity providers add tokens to forbitswap pools and are rewarded with a fee proportional to their share in the pool. forbitswap platform enables peer-to-peer (P2P) cryptocurrency trades that execute without order books or a centralized intermediary.

forbitswap is an open-source decentralized finance space protocol built on multichain (BNB, ERC20, Polygon, Aptos), a user-friendly and advanced transaction builder where everyone can swap, trade, contribute tokens to a pool and earn fees, or list a token. The protocol readily manages a range of various activities, which is the core value of what makes forbitswap a more robust and transparent financial infrastructure, as well.

There are two versions of forbitswap including forbitswap V1 and forbitswap V2.

How can we achieve this?

  • A liquidity pool model that uses automated smart contracts to enable prospective traders to access competing user-funded token reserves as the primary source of market liquidity. Everyone can swap tokens, contribute tokens to a pool and earn fees, or list a token on forbitswap.

  • Order books in traditional markets compile an exchange's open buy and sell orders for any assets. If there's a substantial gap between the prices that buyers are willing to pay and sellers are willing to accept, the lack of trading activities leads to decreased liquidity. This means that if you hold an asset that is affected as such, it will be more difficult to sell. forbitswap pools minimize this misalignment between buyer and seller market orders by creating a deep reservoir of assets to trade, which helps to mitigate potential market liquidity issues.

  • Additionally, forbitswap’s automated market maker technology algorithmically analyzes liquidity pools to offer the most appropriate price for specific trades. forbitswap protocol is a user-friendly front-end application and we offer some of the most optimistic AMM protocols.

Decentralized finance remains a visionary side-ecosystem in the blockchain space. Nevertheless, it is also clear that DeFi offers immense disruptive potential and a very compelling value proposition key to achieving that goal, and we are eager to further create and strengthen these ties within our cross-industry platforms.

The Future of DeFi

Can DeFi better protect investors?

DeFi is a general term commonly used to refer to open-source software programs that run on open-access blockchains. Unlike CeFi, DeFi automates various financial operations via smart contract code, without the need for intermediaries. Thanks to the development of distributed ledger technology, we are currently witnessing a quantum jump in the new potential functionality of money flow. Everyone is encouraged to take part in DeFi protocol governance and have a seat at the table as the decentralized financial world is being developed. Since DeFi is widely adopted, it is important to come up with technological solutions that mitigate smart contract and oracle risks.

Last updated