Algold finance - DEX-AMM
Algold finance - DEX-AMM is a DEX-AMM with affiliate system on on the low-fee and high-speed Algorand blockchain. Algold finance - DEX-AMM enables the user to swap tokens and to create a new trading pair by adding liquidity into the pool. Algold finance - DEX-AMM establish a trading market and determine the price range of the two tokens according to the available quantity (liquidity) of each token.
Algold finance liquidity pools were created to assist in bringing Algold finance users the best possible pricing on their swap trades for related pairs. The liquidity pools allow liquidity providers to pair their tokens in the Algold finance - DEX-AMM and get a share of swap fees proportional to their liquidity provided.
Below are the main functions of Algold finance - DEX-AMM :
Add / Remove Liquidity - Users put two tokens or asset of equal value in the transaction pair into the transaction pool and obtain the corresponding LP Token. The LP Token represents the redemption voucher of the assets added by the user in the transaction pool, allowing users to redeem their assets at any time.
Swap - Users are allowed to exchange any Algorand token into another Algorand token through the transaction pool.
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