YuzuSwap (YUZU)

YuzuSwap is a decentralized exchange (DEX) on the Oasis Emerald paratime that operates under an open, safe, and fair ecosystem. Built on Oasis, YuzuSwap offers high composability, enabling users to easily discover and swap tokens within the Oasis ecosystem. As a non-custodial, peer-to-peer, and automated-market-maker platform, YuzuSwap aims to provide a swift, low-cost, and secure tool for token trading. It is fully open to developers and members of the Yuzu DAO, fostering an inclusive and collaborative environment.

YuzuSwap’s core features include a fair launch, where all tokens are mined block by block from the genesis without any pre-mine. The trade mining mechanism is designed based on a TPST token, which users receive as evidence of trading incentivized pairs. Additionally, YuzuSwap implements a buyback smart contract that triggers the purchase of YUZU tokens if the price drops below the 72-hour average. Furthermore, the platform allocates 80% of the transaction fees to the buyback smart contract and 20% to the DAO vault, empowering YUZU token holders to vote on the usage of the funds.

YuzuSwap is designed to be infinitely extensible, allowing integration with various projects on Oasis. For example, users can collateralize their liquidity provider tokens (LPT) on the upcoming lending protocol and regain liquidity without worrying about impermanent loss. The DAO vault can purchase insurance to protect pools on YuzuSwap, providing added security. This versatile platform also supports promising new projects on Oasis, offering an IDO/IFO launchpad for fundraising backed by the YUZU token holder’s vote. YuzuSwap ultimately runs on the Oasis Network, a scalable, privacy-first, and versatile Layer 1 blockchain network.