About Dragonswap Token
DragonSwap is the native liquidity hub on the Sei Network, launched in June 2024. As an automated market maker (AMM), it facilitates various liquidity types, including constant product pools, concentrated liquidity pools, and permissionless yield farms. This diverse offering encourages liquidity provision across multiple trading pairs, enhancing the trading ecosystem.
Leveraging Sei's advanced parallelized architecture, DragonSwap ensures low latency and fast transaction processing, providing users with a smooth trading experience. The recent Giga upgrade further enhances the platform’s scalability, accommodating increasing user demand and trading volume.
Liquidity providers on DragonSwap have the flexibility to select between traditional XYK pools or concentrated liquidity positions, allowing them to optimize their capital deployment. They earn a share of the trading fees generated within each pool and benefit from additional incentives linked to specific trading pairs, which are adjusted based on market dynamics.
The DRG token is integral to the DragonSwap ecosystem, serving as a reward mechanism for liquidity providers and supporting liquidity bootstrapping and ecosystem growth. A portion of DRG emissions is dedicated to farms and incentives designed to stimulate network activity and user participation.
DragonSwap's modular architecture supports continuous upgrades and ecosystem integrations. With its open-source smart contracts, which have undergone audits for security, DragonSwap prioritizes efficiency, accessibility, and sustainability in its protocol design, driven by a team with a strong background in DeFi infrastructure.