👋
Welcome to Astarter
  • Astarter
  • GETTING STARTED
    • Wallets
  • 📃Technical Paper
    • Abstract
    • Preface
    • Introduction
    • 1 Launchpad
      • Open Beta Vision
      • Astarter core features--fixed exchange pool
      • IDO Mechanism
      • Astarter core function--liquidity mining
      • Access to Staking Pool
      • Astarter Core Application: Private Pool & White-lists
      • Launchpool
  • 2 DEX
    • Implementation on the Cardano blockchain
    • AMM
    • Arbitrary Token Trading Pairs
    • Swaps
  • 3 Money Market
  • 4 Tech Service
    • Oracle Machine
  • Conclusion
  • Disclaimer
  • References
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  1. 2 DEX

Arbitrary Token Trading Pairs

Astarter can use ADA, stable assets, or LP-defined Assets as the currency pair. ADA as the currency strengthens liquidity. Tradeoffs over stable assets are a) the potential cost associated with exposure to impermanent loss due to price fluctuations of other assets relative to ADA and b) price slippage on non-stable assets can have cost implications for traders. Tradeoffs can be mitigated by a) over-collateralized LP-defined stable assets backed by ADA reserves and b) Astarter ADA combined AMM order book liquidity protocol.

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Last updated 11 months ago