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Swift is part of the PulseVerse Ecosystem. It is a decentralized peer-to-peer trading platform built on PulseChain.
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.
- 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.
More details will be released soon.