AzurSwap

AZUR Project

Azur Project combines complete decentralized finance solutions and integrates them with gaming, metaverse, entertainment, and NFTs, and aims to cover all the different interests in crypto.

AzurSwap

AzurSwap is a revolutionary Multichain DEX aggregator that is changing the game for traders in the world of decentralized finance. By harnessing the power of multiple EVM-compatible blockchain networks, AzurSwap is able to aggregate liquidity from various pools, providing traders with access to a diverse range of crypto tokens. This not only reduces slippage, but also allows for better rates and more profitable trades.

At the core of AzurSwap's functionality are its smart contracts, which serve as the backbone for its seamless and efficient operations. These contracts work tirelessly behind the scenes to analyze and compare rates from different liquidity pools across various networks, ensuring that traders are always getting the best possible rates for their trades.

But what truly sets AzurSwap apart is its Multichain design. This innovative approach allows for a seamless integration of different blockchain networks, creating a truly interconnected ecosystem where liquidity can flow freely between them. This not only increases efficiency and accessibility, but also opens up endless possibilities for traders to explore new markets and opportunities.

With AzurSwap, traders can rest assured that their trades are being routed to the most optimal rates possible. No longer do they have to worry about missing out on potential profits due to limited liquidity or high slippage.

Join the revolution and experience the power of Multichain trading with AzurSwap. Say goodbye to limitations and hello to endless possibilities in decentralized finance. The future of trading is here, are you ready?

What are the advantages of AzurSwap?

The AzurSwap exchange has the following unique advantages over the other exchanges mentioned above:

• Being Multi-Network and incorporating the biggest number of EVM-Compatible networks.
• Charging less fee than those of other existing Swaps (a third less than Swaps like Uniswap, PancakeSwap and SushiSwap)
• The possibility of earning points while doing transactions and using them in Metaverse environments.
• Offering innovative services through Telegram bots capability.

Users are charged a fee of 0.2% for every buy or sell transaction in AzurSwap of which 75% will go to liquidity providers and the remaining 25% will go to FeeToAddress. The FeeToAddress address belongs to the Azur's team of development and advertising. AzurSwap's lower fees which is a third less than that of Uniswap with 0.3% fee along with offering a comprehensive crypto ecosystem will attract users instantly to Azur platform.

How does AzurSwap work?

DEXs work by operating liquidity pools which are essentially smart contracts equipped with Automated Market Makers. Each smart contract, or pair, manages a liquidity pool made up of reserves of two EVM-Compatible tokens. The pairs act as automated market makers, they are ready to exchange one token for the other provided that the constant product formula is maintained. This formula, represented as x * y = k, ensures that trades do not alter the product (k) of a pair's reserve balances (x and y). Since k remains unaltered during a trade, it is commonly referred to as the invariant. Thanks to the formula, the more substantial trades (compared to reserves) will be executed at exponentially deteriorating rates than the smaller ones. When a user wants to add his A tokens and B tokens into a liquidity pool in AzurSwap, he puts equivalent amounts of each of the tokens into the pool and receives Azur liquidity pool (LP) tokens in return. Each LP token is equal to one of both tokens in the pool, that is: 1 LP = 1 A token + 1 B token. Whenever a trade occurs at a liquidity pool in AzurSwap, a 0.2% fee is charged to the transaction sender. 75% of the fee belongs to Liquidity Providers of the pool and the remaining 25% goes to Azur's team of development and advertising. The Liquidity providers' share of the fee is added to the pools. In order to reclaim the underlying assets in a liquidity pool, along with any accumulated fees, liquidity providers are required to return their liquidity tokens (LPs) to the factory via the router smart contract. As a result, they will receive their proportionate share of the underlying assets present in the liquidity pool, in addition to 75% of the fees. In order to reclaim the underlying assets in a liquidity pool, along with any accumulated fees, liquidity providers are required to return their liquidity tokens (LPs) to the factory via the router smart contract. As a result, they will receive their proportionate share of the underlying assets present in the liquidity pool, in addition to 75% of the fees.

In order to determine the price of A token in relation to B token using an oracle, you can utilize the reserves within the view functions of the contract and obtain the price information. The equation to calculate the price without considering any swap fees is as follows:

In this equation, t represents time, r^A represents the number of reserves for A token and r^B represents the number of reserves for B token. It is important to note that the time (t) must be consistent, and comparing prices at different times will not yield the same result. Please note that the total value of A tokens (number of A tokens multiplied by the price of each A token) multiplied by the total value of B tokens (number of B tokens multiplied by the price of each B token) remains constant and equals the quantity of LP tokens generated by the user.

Is the process the same for all networks?

Yes, the entire swapping fee process will follow the algorithm described earlier, and all networks connected to the swap will be identical in this respect because they are all supporting EVM. The only difference will be the network fees, which vary depending on the specific network and are not related to the smart contract itself.

Which networks will AzurSwap support?

Fortunately, AzurSwap supports EVM-Compatible networks and currently it has extended its support to impressive count of 22 EVM networks. One of the standout features of AzurSwap is its provision for test networks, enabling developers and enthusiasts to evaluate their smart contracts, including tokens, DeFi projects, and peer-to-peer games on AzurSwap without incurring any fees. The other purpose behind having these test networks on the Azur platform is to educate beginners. These test networks give them the opportunity to train and allow themselves to freely make mistakes in working with different solutions without incurring any fees.

As liquidity tokens are themselves tradable assets, liquidity providers may sell, transfer, or otherwise use their liquidity tokens at their own discretion. AzurSwap has successfully established connections with the following networks up until now.

• Ethereum Mainnet
• ROPSTEN (ETH testnet)
• RINKEBY (ETH testnet)
• GOERIL (ETH testnet)
• KOVAN (ETH testnet)
• ARBITRUM RINKEBY
• ARBITRUM
• AVALANCHE FUJI TESTNET (AVAX testnet)
• AVALANCHE CMAINNET (AVAX Mainnet)
• FANTOM TESTNET
• FANTOM
• BNB TESTNET (bep20 testnet)
• BNB (bep20 Mainnet)
• OPTIMISM KOVAN (Optimism testnet)
• OPTIMISM (Optimism Mainnet)
• POLYGON
• POLYGON MUMBAI (Polygon testnet)
• HARMONY
• HARMONY_TESTNET (Harmony testnet)
• HECO
• HECO TESTNET
• ETHClassic (Ethereum Classic)

Can tokens be transferred between networks?

No, it is not possible to execute a contract in a different network. Therefore, sending a token to another network is not feasible. For instance, it's not possible to directly transfer tokens from the BNB network to the ETH network. However, you can utilize wormhole technology and the Wrapped version of tokens to be able to access tokens from different networks as the bridge feature is no longer available in AzurSwap for security reasons.

Is it possible for the bridge to exist in the future?

The AzurSwap development team is currently probing this feature and will announce its release through existing social media channels once it becomes operational. AzurSwap also offers the potential for a Meta Transaction, where one can use another wallet's signature in his current transaction. This process involves transferring and receiving payments from another wallet through executing the transfer() and transferfrom() operations. The tokens used in this swap are of the standard ERC20 type and can be directly used, bought, and sold through factory and router links. The maximum amount of tokens that can be liquidated is approximately one quadrillion.

What are the advantages of DEXs compared to CEXs?

In the world of cryptocurrency, DEXs (Decentralized Exchanges) and CEXs (Centralized Exchanges) are two different types of platforms for trading digital assets. While both serve the same purpose of facilitating the buying and selling of cryptocurrencies, there are significant differences between the two that make DEXs a more attractive option for traders. • Decentralization The main advantage of DEXs over CEXs is decentralization. This means that DEXs operate on a decentralized network, without any central authority controlling them. This eliminates the risk of a single point of failure or manipulation, making DEX more secure and reliable.

1. security One of the key benefits of decentralization is security. With DEXs, users have complete control over their funds as they are held in their own wallets. This reduces the risk of hacks or scams that have plagued centralized exchanges in the past. By using smart contracts on the blockchain, trades are executed in a trustless manner, ensuring that all transactions are secure and transparent.

2. Transparency Transparency is another advantage offered by DEXs. As all trades are recorded on the blockchain, they can be easily tracked and audited by anyone. This promotes fairness as traders can be sure that there is no room for manipulation or out of sight activities.

3. lower fees In addition to security and transparency, DEXs also offer lower fees compared to CEXs. Centralized exchanges often charge high fees for trading, depositing, and withdrawing funds. On the other hand, DEXs only charge network transaction fees which are significantly lower.

4. No KYC requirement Another advantage of DEXs is that most of them do not require users to complete a KYC process. This means that users can maintain their privacy and anonymity when trading on these platforms. This is particularly appealing to those who value their privacy and do not want to disclose personal information to an exchange.

5. Access to a wider range of tokens Furthermore, DEXs provide access to a wider range of tokens compared to CEXs. This includes newer and less popular tokens that may not be listed on centralized exchanges yet. This gives users more opportunities to invest in emerging projects and technologies, potentially leading to higher returns on their investments.

In conclusion, DEXs offer numerous advantages over CEXs, making them a more attractive option for traders. With decentralization, security, transparency, lower fees, no KYC requirements, and access to a wider range of tokens, DEXs provide a more efficient and user-friendly platform for trading cryptocurrencies. As the world of cryptocurrency continues to evolve, DEXs are becoming increasingly popular and are expected to play a significant role in the future of digital asset trading. So why not join the decentralized revolution and experience the advantages of DEXs for yourself?