/dswap

A one point destination to swap your cryptos on DComm blockchain

Primary LanguageTypeScriptMIT LicenseMIT

DSwap

A one point destination to swap your cryptos on DComm blockchain. DSwap = Decentralized + Distributed + DComm

📝 Project Description

😎 Idea

  • People put their money in banks thinking they have control over it, but in actuality, banks control the money.
  • 'Your Money, Your Control,' is the core of Blockchain Technology which is how Decentralized Exchange work under the hood and this has long attracted me. As laws tighten, more people are turning to decentralized exchanges, discovering the actual value of blockchain and decentralized exchanges.
  • Banks have unlimited control over money and can even refuse to enable customers to withdraw it in an emergency.
  • There is no transparency in the operations of the Banks and everything is Centralized
  • What's a better way to exchange your money while still having the ability to contribute to the DComm Ecosystem in the form of the fees which you anyhow have to pay to the big Institutions and banks.

💻 Implementation

  • We have forked UniswapV2 and deployed it on the DComm Network, as well as rendered our own UI and linked the smart contracts with the UI, allowing users to interact with the protocol.
  • We have also made some modifications to the Uniswap's smart contracts to automatically transmit 0.01% of the total fees for the projects, 0.02% to the protocol for continued development and improvement of the protocol, and 0.3% to the liquidity providers for their contribution.
  • Tools Used: Solidity, Remix, DComm(GoldCoast) Blockchain, uniswapV2, React and Metamask.

👥 Intended Users

  • People who wnat complete authority and transparency over their assets are the intended users as DEXs are decentralized and provides complete transparency and record which is publicaly avaliable to everyone on the Blockchain

✒ Summary

  • DSwap enables anyone from anywhere in the globe to purchase and sell cryptocurrencies immediately using DComm Network.
  • DSwap will contribute to the projects being build on the DComm Network by providing them with the funds as decided by the community.
  • It does not discriminate anyone and will be open to everyone.
  • DSwap Token can be earned by providing liquidity and earning a steady passive income.

📺 Video Demo

DSwap Demo

📽 Presentation

DSwap Presentation

☄️ What's next?

  • More features will be introduced, such as farming, staking, and limit orders to make DSwap more accessible to everyone and a common destination for everyone's needs.
  • Creating a fully community-driven protocol in which the community votes on all protocol-related decisions.

💪 Deployed Smart Contract Addresses (DComm GoldCoast Testnet)

🚫 License

This repository includes an MIT License statement.

💻 Deploying the DSwap on local machine

Clone the repository

After cloning the repository, move into the UserInterface Directory

cd UserInterface

start the development server

yarn start

or

npm start

build with production mode

yarn build

or

npm run build