What is ElasticSwap?

ElasticSwap is a new multi-chain AMM focused on supporting elastic supply tokens. ElasticSwap is the first AMM of its kind, that will allow for a more vibrant development ecosystem around elastic tokens. ElasticSwap adapts to the elastic supply changes without the need for someone to call a function on the pool itself after a change (rebase) happens. This makes it less likely that value accrued through a rebase will be lost and helps to avoid excessive impermanent loss.

TIC is the native governance token for ElasticSwap.