🔥Swap Exchange
👏It is usually based on a series of mathematical and economic formulas that seek to create a balanced mean that allows users to exchange cryptocurrencies safely, and thus avoid risky or counterproductive situations for transactions.
Unlike traditional exchanges, AMM-type DEXs are completely autonomous and their entire operation is algorithmic, as indicated in the smart contracts that make its operation possible. A good example of this type of DEX is uniswap, which was one of the first to use the AMM model for trading on its platform.
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