iZiSwap is a decentralized exchange (DEX) launched by iZUMi Finance, which aims to provide users with an efficient and low-cost crypto asset trading experience. The platform uses an innovative Discretized Liquidity AMM model to support multi-chain operations, especially on the zkSync Era network.
Platform OverviewFounded
and BackgroundiZiSwap
was launched in 2022 by iZUMi Finance as part of its multi-chain decentralized finance protocol and is committed to providing one-stop liquidity services.
Core Functions
Decentralized Exchange (DEX): Users can trade a variety of crypto assets on iZiSwap and enjoy low trading fees and high liquidity.
Discrete Liquidity Automated Market Maker (DL-AMM): Adopt an innovative DL-AMM model to improve capital efficiency and reduce impermanent loss.
Unilateral liquidity provision: Users can provide liquidity for only one asset, reducing risk and simplifying operations.
Yield Farming: By participating in liquidity pools, users can earn rewards in their native tokens.
iPoints Incentive Mechanism: Users can earn iPoints by trading and providing liquidity, which can be used to participate in the platform's airdrops and other rewards.
Technical featuresMulti-chain
support: iZiSwap supports multiple blockchain networks, including zkSync Era, Arbitrum, Optimism, etc., and users can exchange assets between different chains.
Discrete Liquidity Model: Unlike traditional AMM models, iZiSwap's DL-AMM model allows users to provide liquidity in a more granular price range, improving capital efficiency and reducing impermanent loss.
Unilateral liquidity provision: Users do not need to provide two assets of the trading pair, but can only provide liquidity of one of the assets, reducing operational complexity and risk.
Limit Order Feature: iZiSwap introduces a decentralized limit order feature that allows users to set a target price and automatically execute a trade when the market price reaches a predetermined value.
Market Positioning
: iZiSwap is aimed at crypto users looking for efficient and low-cost trading solutions, especially those who are interested in multi-chain asset management, yield farms, and airdrop rewards. By offering a diverse range of trading pairs, liquidity pools, and incentives, iZiSwap aspires to be the core financial infrastructure in the decentralized finance (DeFi) ecosystem.
Token
EconomyiZi Token: As the native token of the iZiSwap platform, iZi is used to pay transaction fees, participate in governance, and stake rewards.
iPoints: Users can earn iPoints by trading and providing liquidity, which can be used to participate in the platform's airdrops and other rewards.
As a decentralized exchange of iZUMi Finance, iZiSwap provides multi-chain support, innovative discrete liquidity model, and unilateral liquidity provision, improving users' trading experience and capital efficiency. Its iPoints incentive mechanism also encourages users to actively participate in the platform's activities. However, as a relatively new platform, iZiSwap still faces challenges such as expanding its user base, improving liquidity, and ensuring security.
Summary
: iZiSwap is an innovative multi-chain decentralized exchange that uses a discrete liquidity automated market maker model to provide features such as unilateral liquidity provision, yield farming, and limit orders. Its iPoints incentive mechanism and multi-chain support make it somewhat competitive in the decentralized finance space. With the development of the ecosystem and the expansion of the user base, iZiSwap is expected to occupy an important position in the decentralized finance space.
