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SithSwap (SITH) is a next-generation automated market maker (AMM) built on the StarkNet platform. It offers users instant, low-slip swaps with volatile and stable assets while maintaining ultra-low fees and the security of the Ethereum network. SithSwap aims to provide an efficient and versatile liquidity exchange protocol, enabling builders and users to access deep, sustainable, and adaptable liquidity. The platform incorporates a rich incentives system, including escrows, staking pools, gauges, bribes, and native $SITH emissions, which can be locked to unlock exclusive benefits and governance rights.
Audited by leading Cairo and Solidity experts, SithSwap ensures the robustness and reliability of its smart contracts. The project is backed by prominent investors and builders in the crypto space like Lemniscap, Bigbrain Holdings, GSR, DWeb3, Anthony Beaumont, Ghaf Capital, and Etienne Royole. Highlights of SithSwap’s features include dual-liquidity functionality, intuitive Uniswap-like smart contracts architecture, efficient trading for correlated assets, governable directional fees, built-in TWAP oracles, and more.
SithSwap takes a composable approach with a non-upgradable and immutable codebase. This design enhances security and enables users and builders to trust that the deployed contracts and their behavior will never change. The roadmap for SithSwap includes the launch of the AMM on the post-regenesis StarkNet mainnet in Q1 2023, followed by the Rewards and incentives system launch on the StarkNet mainnet in Q4 2023. The public sale of the SITH token is anticipated in the second half of 2023, subject to liquidity and market conditions on StarkNet.
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