Hi Swappers!
On Friday the 13th we hosted our first AMA (Ask Me Anything) and we want to share a detailed recap for those who didn’t attend. Our goal was to share our journey, and get your feedback. Ensuring Swapr keeps growing in the DeFi space is a collaborative effort, and this call was just the beginning. We will keep organizing more such community activities in the future.
Q: How was Swapr created? What’s the origin story?
A: Swapr was founded by DxDAO in 2020 on the principles of decentralization, open-source, and privacy. Initially to be the first DEX deployed by a DAO and an alternative decentralized frontend different from Uniswap or Pancakeswap, Swapr evolved into a Swap and bridge aggregator, offering superior prices by bridging and swapping in multiple chains. We’ve also introduced a permissionless campaign creation platform allowing any protocol to launch a farming campaign. The development journey led us to create Stackly.
Q: How does the team envision the future of Swapr in the rapidly changing DeFi world?
A: One of Swapr’s values is censorship resistance. By operating on an ENS domain (.eth.limo) and hosting on IPFS, we ensure that our platform remains immutable. User privacy is paramount, and our focus is on providing an intuitive user experience.
Q: Can you elaborate on Swapr’s emphasis on privacy and its distinction from other DEXes?
A: Hosting on IPFS and using an ENS domain enables all users to interact with our smart contracts without giving out their data. We aim to protect user privacy and secure the platform against potential threats.
Q: What’s Stackly? Can you share its features and future plans?
A: Stackly is a simplified DCA Dapp, integrating CowSwap and their APIs. In just a month, we’ve achieved over 120 stacks and we plan to launch on the mainnet soon. Also, we are launching a new feature, called Strategies, where users can rapidly create stacks based on our suggestions. Our vision for Stackly includes price-based DCA and launches on multiple networks.
@Mailman69420 asked:
Q: What about the tokens Swapr received from the dissolved DXdao?
A: These tokens are securely stored in our Safe account. We’ll update the community about our plans for these tokens, which might be utilized as incentives post our integration with Algebra.
Q: What’s the status of unclaimed SWPR tokens?
A: Post the relaunch of the SWPR token, 3.2 million remain locked and unconverted. We’ll keep you updated on our decisions regarding these tokens.
We also had a special guest, Adam from Algebra, the protocol that enables projects to integrate Concentrated Liquidity tech, alongside other groundbreaking features. These are the questions we had for him about our upcoming integration on Swapr:
Q: What excites you about the upcoming integration between Algebra and Swapr?
A: I find Swapr’s vision focused on the future for their product. Their integration with our V3 presents an excellent opportunity for Gnosis, and this collaboration is strategic for both teams. The architecture of V4 offers unparalleled flexibility for DEXes, making it a game-changer in the DeFi space therefore we hope to see it soon in Gnosis through Swapr.
Q: How do you envision the future of Gnosis, given the evolving landscape?
A: Gnosis, though small, is set to keep growing. With the upcoming V3 integration with Swapr, bringing concentrated liquidity, Gnosis will be able to attract more builders looking for capital efficiency.
A huge shoutout to our community for making the call a success. We invite you to join us in future calls and discussions and keep an eye on our social media channels for updates on our integration with Algebra and the Stackly mainnet launch.
Together, let’s shape the future of Swapr.
Swapr is a multi-chain AMM with a suite of unique features including LP governance, DIY farming, and much more. Swapr is the first automated market maker (AMM) to allow for adjustable swap fees through governance. Swapr marks the first time a DAO has launched a DeFi protocol on Ethereum.
https://twitter.com/swapr_dapp
Stackly offers a non-custodial DCA tool utilizing the CoW protocol for regular swaps. Users can select from various stack frequencies providing an approach that reduces short-term volatility and lets you not to worry about timing the market. This makes Stackly a valuable tool for degens, and crypto natives aiming for risk mitigation and wealth accumulation.