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What is LuaSwap?

LuaSwap is a groundbreaking multi-chain liquidity protocol that operates without relying on seed investments, founder fees, or pre-mining practices. Inspired by established AMM protocols such as Uniswap and SushiSwap, LuaSwap presents a novel perspective on token economics and operational methods that effectively address the shortcomings of earlier models. At the heart of its ecosystem lies the LUA token, which promotes a community-governed structure and enhances cross-chain capabilities. Instead of vying for liquidity in high-traffic token pools, LuaSwap emphasizes supporting smaller pools that feature up-and-coming tokens. On October 29, 2020, the protocol successfully transitioned liquidity from Uniswap, ensuring a smooth migration of all previously deposited funds to LuaSwap V1.0. As a result, all Uniswap LP tokens (UNI-V2 LP tokens) were seamlessly converted into LuaSwap LP tokens (LUA-V1 LP tokens), preserving the same liquidity share for users in the newly established pools. The LUA token not only acts as the native currency of the LuaSwap ecosystem but also incentivizes users to stay engaged, nurturing a dedicated community. This distinct approach not only sets LuaSwap apart but also positions it as a progressive option within the decentralized finance sector. By focusing on emerging projects, LuaSwap aims to redefine liquidity provision in the DeFi landscape.

What is Kyber Network?

Kyber Network operates as a blockchain-based liquidity hub that expertly connects numerous liquidity sources to streamline cryptocurrency transactions, guaranteeing the best rates for decentralized applications. Acknowledged as a crucial liquidity framework in the decentralized finance (DeFi) sector, Kyber's sophisticated technology consolidates crypto liquidity from a range of sources, enabling Dapps, Wallets, DEX Aggregators, and Traders to secure the most favorable rates available. As the first multi-chain Decentralized Market Maker (DMM) in DeFi, Kyber allows users to engage in cryptocurrency trading at competitive prices while concurrently rewarding liquidity providers with improved fees and incentives. Users can easily exchange tokens at advantageous rates, as liquidity is gathered from an array of decentralized exchanges to ensure optimal prices for token swaps across supported blockchains. Furthermore, fees are dynamically modified to match market changes, encompassing trade volumes and price fluctuations, which effectively lessens the impact of impermanent loss and maximizes returns for liquidity providers. In this pioneering ecosystem, Kyber Network not only boosts trading efficiency but also fortifies the overall structure of the DeFi landscape, contributing to its growth and sustainability. This innovative approach positions Kyber as a leader in enhancing liquidity and accessibility in the ever-evolving world of decentralized finance.

Media

Media

Integrations Supported

AToken
Base App
Crypkit
DeFi Explore
Eidoo Wallet
Fuse
Koinly
KyberSwap
Ledger Nano X
MetaMask
MyEtherWallet (MEW)
Telegram
Unilayer
WalletConnect
ZenLedger
aelf
imToken
pTokens
vfat.tools

Integrations Supported

AToken
Base App
Crypkit
DeFi Explore
Eidoo Wallet
Fuse
Koinly
KyberSwap
Ledger Nano X
MetaMask
MyEtherWallet (MEW)
Telegram
Unilayer
WalletConnect
ZenLedger
aelf
imToken
pTokens
vfat.tools

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LuaSwap

Date Founded

2020

Company Website

luaswap.org

Company Facts

Organization Name

Kyber Network

Date Founded

2017

Company Location

Singapore

Company Website

kyber.network/

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