Ambient Finance, formerly CrocSwap, is a decentralized exchange (DEX) on Ethereum. It's unique because it combines concentrated and ambient liquidity in a single smart contract, making it gas-efficient.
What is Ambient Finance
Here’s how it works:
- Automated Market Makers (AMMs): Trades directly with a smart contract, adjusting prices based on supply and demand.
- Concentrated Liquidity: Lets users focus their capital in specific price ranges to earn more fees.
- Knockout Liquidity: When the market price moves outside a set range, liquidity is converted into a single token, reducing losses.
- Community Governance: Users propose and vote on changes, like fees and price range settings.
- Surplus Collateral: A small part of collateral is kept for covering operational costs and potential losses.
- Permissioned Pools: Create pools with restricted access, controlled by an external oracle.
- Account Abstraction: Sign transactions off-chain for easier management and gas savings.
In summary, Ambient Finance is designed for efficient trading and better returns for liquidity providers, ideal for both new and experienced blockchain users.
Team of Ambient Finance
Ambient Finance review
Pros
Dual Exchange
Ambient dApp offers both swap and order book services, providing versatility in trading options.
Gas Efficiency
Notable gas savings in comparison to other leading DEXs, reducing transaction costs.
Flexible LP Options
Three ways to provide liquidity, catering to different risk preferences.
Compounded Earnings
Fees from liquidity provision are reinvested to maximize earnings.
Attack Prevention
Implements minimum TTL on liquidity positions to safeguard against JIT attacks, benefiting regular LPs.
Gasless Transactions
Supports transactions where fees can be paid in swapped tokens, thanks to EIP-712 off-chain standard.
Cons
Product Complexity
Navigating Ambient Finance can be challenging, especially for newcomers, particularly in liquidity providing.
Ethereum's Limitations
Being on the Ethereum blockchain, it shares the network's challenges like congestion.
Regulatory Variables
The evolving regulatory landscape in DeFi could affect Ambient Finance's operations.
Opportunities
AirdropMainnet
Minimal cost: ~100 USD
Ambient Finance
Perform swaps and provide liquidity on Ambient Finance for a chance on their potential airdrop!