What is JiX Swap?

JixSwap
2 min readApr 11, 2021

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JiXSwap is a decentralized exchange for swapping ERC-20 tokens.

Multi-chain support is planned for the next releases which is shown on the roadmap.

We built a platform for The crypto trading Industry

JiXSwap uses an automated market maker (AMM) model. That means that while you can trade digital assets on the platform, there isn’t an order book where you’re matched with someone else. Instead, you trade against a liquidity pool.

Those pools are filled with other users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.

JiXSwap Features

JiXSwap allows users to be Liqiudity Provider, Farming, Staking, Exchange, Bridging Assets across chains and more…

Liqiudity Provider

Pools are filled with other users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.

Farming

On the farm, you can deposit your LP tokens, locking them up in a process that rewards you with JIX. Which LP tokens can you deposit? Well, the list is quite long, but here’s a taster of some of the most popular ones.

Staking

JiXSwap allows you to stake its governance token. — JIX

You’ll earn a proportion of JIX token with every new BSC blocks.

Exchange

JiXSwap is an automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.

Bridging Assets

Cross-chain bridging service that aims to increase interoperability between different blockchains. It essentially lets anyone convert selected coins into wrapped tokens (or “pegged tokens”) across chains. i.e. ERC20-BEP20

JiXSwap Roadmap

It’s a to-do list with particular timeline. We will work hard to release roadmap items before deadline.

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JixSwap
JixSwap

Written by JixSwap

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JiX, swap swap swap!

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