What is Xebra Swap and how does it work?
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Sep 24
Hello! I see you’re curious about Xebra Swap, so let’s explore it together. Xebra Swap is a peer-to-peer system designed for exchanging cryptocurrencies on the Movement M2 chain. It operates on the automated market maker (AMM) model, eliminating the need for a traditional order book. Here’s the process: when you want to swap one token for another, you sell your existing tokens for a proportional amount of the desired tokens. During this swap, a small fee is deducted and distributed as incenti...
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