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Cardano Ecosystem

Cexplorer

03/08/2024

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Understanding Programmable Swaps

We view Axo as a significant innovator among blockchain projects in the trading sector.

Understanding Programmable Swaps

We view Axo as a significant innovator among blockchain projects in the trading sector. 

In this article, we will delve into the essence of programmable swaps, which form the cornerstone of Axo. Harnessing The Potential Of Cardano Cardano’s smart contracts, comprising on-chain validators and off-chain code, offer robust security. 

The Turing-complete off-chain code allows for the execution of complex and resource-intensive computations without affecting the transaction cost. The on-chain validators offer a level of security comparable to other blockchain models. 

This innovation is groundbreaking, as it enables the implementation of concepts like programmable swaps and algorithmic automated market makers (AAMM), which would otherwise be unfeasible. 

The Axo team has effectively h Read article: Understanding Programmable Swaps

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