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SmarDex is an Automated Market Maker (AMM) designed to tackle Impermanent Loss (IL), and in certain situations, convert it into Impermanent Gain (IG). Operating within a conventional AMM structure, SmarDex focuses on improving the ERC20 token swap experience versus other AMMs used across the DeFi ecosystem. With established calculation methods, it aims to cut fees significantly relative to current standard AMM protocols.
SmarDex protocol Liquidity Pools (LP) let participants add liquidity by depositing tokens, which are then exchanged for LP Tokens.
The Smardex protocol’s main token is SDEX. It can be staked to generate passive income via farming rewards and protocol fees within the Staking section.
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