What is Deliciouswap?

Deliciouswap is an on-chain liquidity protocol on Ethereum which enables trustless and transparent token trading, meaning all transactions are executed from smart contracts with clear cost, not requiring an intermediary or trusted third party.

DSP adopts automated market maker (AMM) model, in which user swaps tokens within a liquidity pool. Only trusted token pairs are selected into these pools deposit with users’ fund. DSP provides advanced trading features including lowest fees, higher security, and best-practice trading transparency while maintaining customer’s privacy demand.

Highlight Points

• Decentralized

  • Trade directly from browser with your wallet. You own your crypto and trade on your choice

• Low fees

  • Running on widely accepted Ethereum while trading fees are lower to 0.1% with minimal governance

• Security

  • We build smart contract transparently, and provide trusted token pairs only. No scam token allowed into pool

Vision And Mission

Vision

• At DSP, we believe in a cryptocurrency trading built on values of transparency, legitimacy and trust, and fully accepted by the mainstream
• We envision a fair playing field for all customers, with market distortions and irrational trading practices eliminated, and with best prices and fees available to traders irrespective of volume and identities.

Mission

• DSP is a distributed exchange specifically designed for traders to access best strategy and prices, easily and efficiently, and most importantly, safely.
• Our mission is to create an industry standard trading network that aims for future digital currency circulation and access to many popular CeFi and DeFi protocols.

DSP Features

DSP is a global cryptocurrency exchange network, which provides

• AMM based token swap, compatible with Uniswap and Sushiswap
• Lower routing fee to 0.1%
• Trusted trading pairs. Only audited and publicly reviewed token pairs are allowed to register
• NFT asset trading. innovative protocol to combine, fractionalize, and trade NFTs with guaranteed liquidity. Standards followed: ERC20 token for swap, non-deflationary (no hidden cost)ERC-721 and ERC-1155 for NFT creation.
• Stablecoin and governance coin (on the way)
• Ether, Polkadot and Bitcoin support (on the way)

How Does DSP Network Work?

• DSP Network consists of three smart contracts: transfer router, pair swap, and model selector

• Each pair of tokens has its own pool, and initial deposits are made to the pool in order to provide liquidity

• The exchange rate of the token is calculated based on the supply and demand of two tokens in the pool, with what is termed the constant product formula. With the constant product formula, token values in a particular pair are calculated based on supply and demand, where the value moves along a curve of the formula:

• Exchange rates are automated based on the simple formula: x * y = k. The corresponding curve represents all possible token values, and each token pair will have their own curve that will regulate the current state of their exchange rates

• DSP allows people to create liquidity pools by depositing tokens into ethereum based smart contract, we called token swaps

  • support ERC-20 series tokens
  • adjustable trading fees

DSP Value Added Services

• Price Oracle

  • Price oracle mechanism allows developers to calculate an average token price based on that token’s price movement over a number of blocks, that also represent a period of time via their timestamps

• Flash Swap

  • Flash swapping could also be leveraged to automatically perform arbitrage trading. The bot would not need funds in order to execute the trade, being only required to identify the arbitrage opportunities and execute the flash-swap transaction.

• Privacy protection

  • Unique transfer network contract to mix up source and destinations

• Trusted Token List

  • Only publicly audited tokens and pairs are allowed to register into pool

• Lower protocol fee

  • Lowest to zero for both protocol and governance

• Cross-chain access

  • External contract call via raw transaction data