Swift is part of the PulseVerse Ecosystem. It is a decentralized peer-to-peer trading platform built on PulseChain.
What is peer-to-peer trading?
At the protocol level, every swap involves two entities: a signer and a sender. The signer is responsible for generating and cryptographically authenticating an order, while the sender's role is to dispatch this order to the blockchain for execution.
Over-the-counter (OTC) trading is between known counterparties, with prices communicated via chat applications or email and using PulseVerse for settlement.
On PulseVerse, users can trade their tokens and NFTs utilizing a decentralized peer-to-peer system.
What are the benefits?
This innovative design safeguards traders from the threats of counterparty risk, price slippage, and front running.
Every swap operation involves two parties, two tokens, and a smart contract. This enables any standardized digital asset to be exchanged at a user-defined price and of any size. Regardless of the swap's size, the settlement process remains cost-effective and efficient.
Being decentralized, the platform operates on a strictly peer-to-peer basis, eliminating the need for any intermediaries.