What is XSwap Protocol?

XSwap Protocol is a decentralized exchange and automated market maker on the XDC Network that enables swapping of XRC20 tokens and earning rewards through liquidity provision and farming. It operates by allowing users to connect XDC-compatible wallets for direct on-chain trades without intermediaries or registration, processing swaps via liquidity pools where providers deposit token pairs to facilitate exchanges and earn a share of trading fees. The protocol includes staking for the native XSP token to generate rewards, yield farms where LP tokens or XTT are staked for additional yields, and pools for project tokens. All operations leverage the XDC Network's low transaction costs and fast confirmations, with smart contracts handling decentralized execution and full user control over funds.

Additionally, it functions as decentralized launchpad on XDC Network. Launchpad supports locking, multisending XRC20 and XRC721 assets, generating contracts and launching presales. Currently, our launchpad is bound with V2 DEX and liquidity will be added automatically only into V2 pairs.