5 docs tagged with "protocol-overview"

The Pegasys ecosystem is primarily comprised of three types of users: liquidity providers, traders, and developers. Liquidity providers are incentivized to contribute ERC-20 tokens to common liquidity pools. Traders can swap these tokens for one another for a fixed 0.25% fee (which goes to liquidity providers). Developers can integrate directly with Pegasys smart contracts to power new and exciting interactions with tokens, trading interfaces, retail experiences, and more.

Liquidity provider fees

Automated market maker

Pegasys is an automated liquidity protocol powered by a constant product formula and implemented in a system of non-upgradeable smart contracts on the Syscoin blockchain.

Pegasys is a binary smart contract system. Core contracts provide fundamental safety guarantees for all parties interacting with Pegasys. Periphery contracts interact with one or more core contracts but are not themselves part of the core.