July 10, 2023 – Paris, France
Leveraging its successful $4.5 million fundraising, Swaap launches its version two protocol, bringing easy-to-use and powerful market-making strategies to the global DeFi community. Swaap version two is unique in addressing key challenges, such as impermanent loss, which have plagued liquidity providers.
Swaap, the cutting-edge market-making protocol for blue-chip crypto assets, is thrilled to announce the launch of its version two protocol.
With an emphasis on ease of use, state-of-the-art strategies, strong security and solutions to impermanent loss, Swaap version two is poised to democratize access to advanced market-making tools for the global DeFi community.
What sets Swaap version two apart aking market making effortless
For the first time ever, Swaap version two offers anyone from institutions to individuals a seamless way to engage in advanced market-making strategies.
The protocol uses mathematically optimized strategies, which means it intelligently adjusts fees and asset holdings to maximize returns while minimizing risks, all on autopilot.
Importantly, Swaap version two addresses impermanent loss a problem that has deterred many from participating as liquidity providers.
Stanislas Barthélémi, an early user of Swaap version two, said,
“As someone who was an LP [liquidity provider] in traditional automated market makers but was burned by impermanent loss, Swaap version two has been a game-changer for me. It’s like having an expert trader working for you around the clock.”
The tech behind Swaap version two
With the model’s built-in collaboration with the Louis Bachelier Institute, a leading financial research institute, Swaap version two brings the best of traditional financial market-making models to DeFi.
It incorporates strategies that intuitively adapt to market conditions, safeguarding funds while optimizing returns.
Moreover, liquidity providers can effortlessly engage with a wide array of assets across the Polygon and the Ethereum ecosystems.
Launch partners powering Swaap version two
Swaap version two is backed by notable launch partners to ensure robust functionality and support.
Chainlink provides critical price feeds for on-chain defensive mechanisms and safeguards, further reinforcing security for liquidity providers.
Additionally, Paraswap, Odos and Open Ocean are onboard as aggregators, which already ensures significant volumes on the Swaap platform.
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