What Is Calaswap (CLS)?
Calaswap is an innovative trading mechanism that has evolved further from the existing orderbook-based DEX and transformed the on-chain cryptocurrency transaction to uses AMM. Instead of Buy/Sell orderbook, liquidity pools created by liquidity providers allow traders to swap between currencies. Also, liquidity providers share the transaction fees arising from the liquidity pool as revenue according to their liquidity contribution.
Calaswap Coin structure is designed to enable users to achieve comprehensive and secure transactions through market liquidity. However, there is a variety of uncertain risks in liquidity supply, and the asymmetry of time, information, and subject should be eliminated to meet the user’s requirements.
The layered Architecture of Calaswap is suggested to fulfill the requirements above. This is an Automated Market-Making (AMM) swap protocol, with a Defi service where everyone can become a liquidity provider and earn transaction fee income, the ecosystem participants can be classified as follows: User, Liquidity provider, Farming & Staking, Community Participant, Airdrop Operator.
| Coin Basic | Information |
|---|---|
| Coin Name | Calaswap Coin |
| Short Name | CLS |
| Max Supply | 3,000,000,000 |
| Total Supply | 3,000,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
CLS Price Live Data
The live Calaswap price today is $1.33 USD with a 24-hour trading volume of $788,569 USD. They update CLS to USD price in real-time. Calaswap is up 23.04% in the last 24 hours. The current CoinMarketCap ranking is #3102, with a live market cap of not available. The circulating supply is not available and a max. supply of 3,000,000,000 CLS coins.
If you would like to know where to buy Calaswap at the current rate, the top cryptocurrency exchange for trading in Calaswap stock is currently CoinTiger. You can find others listed on our crypto exchanges page.
AMM mechanism
Calaswap’s mechanism is based on the x*y=k formula. When creating liquidity pool, each price range depends on the quantity of each token. It is designed to decide the price according to the change of supply per token in the liquidity pool.
Layered Architecture
Calaswap’s structure is designed to enable users to achieve comprehensive and secure transactions through market liquidity. However, there is a variety of uncertain risks in liquidity supply, and the asymmetry of time, information, subject should be eliminated to meet the user’s requirements. Layered Architecture of Calaswap is suggested to fulfill the requirements above.
Deflation Mechanisms
20% of all transaction fees will be used to repurchase CLS tokens from the open market and burn. In general, CLS token burn occurs once a month and the information on burning will be disclosed transparently. For other products to be released in the future, the deflation mechanism can be considered.
Governance
Calaswap DAO is decentralized autonomous organization governs Calaswap. The creation of Calawap DAO offer direct control of community about extended governance mechanism by indicating movement to completed DAO features. The entire participants of DAO will be committed to achieve the common purpose which Calaswap DAO and CLS token to be fully decentralized, owned and managed by DAO.
Decentralizing Calaswap
Calaswap provides true value, fairness and innovation to decentralized finance through high-quality products and services, and the major structural changes are decided by a vote in the community while the whole platform maintaining decentralized governance of CLS token holders.
Calaswap Feature
Liquidity provider
LP, Liquidity provider, pool their tokens in the pool they want to. If you provide liquidity to the pool, you will receive LP (Liquidity Pool) Token as proof, where the number of LP Tokens received represents your stake (%) in the total pool, and you can receive the commission revenue generated from the pool as a liquidity supply reward based on this LP.
Farming & Staker
You may be rewarded with CLS tokens by farming the LP tokens received as liquidity supply rewards, or you will be rewarded with CLS tokens or non-CLS tokens by staking CLS tokens.
Community Participant
Community participants can influence key decision making of Calaswap by participating in governance. It is a structure that benefits the participants as Calaswap develops.
Airdrop Operator
For promising new projects, the mutual marketing can be carried out in consultation with Calaswap, the creation of initial liquidity and the securement of suppliers can be made through effective content exposure, and the liquidity linkage is available.
