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.
Ambient Finance
DeFi
Description
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.