Soroswap vs UniswapV2
Here we can see a comparison of the implementation of UniswapV2 and Soroswap.
Feature | UniswapV2 | Soroswap |
Algorithm | Automated Market Maker (AMM) with constant product formula | Optimized routing algorithm for multi-pool efficiency |
Liquidity Pools | Direct swaps between two tokens; liquidity in equal value pairs | Supports multi-hop swaps through intermediate pools |
Smart Contracts | Two core contracts: factory and router | Advanced contracts with aggregated liquidity and custom routing |
Routing | Direct matching within or between pools | Sophisticated routing with multiple paths for optimal rates |
Efficiency | Fast execution; may not always provide optimal rates | Improved efficiency with better trading rates through optimization |
Liquidity Provision | 50/50 ratio token pairs; straightforward addition/removal | Complex arrangements; support for multiple AMMs and protocols |
Incentives | Fees from trades within pools | Aggregated fees and potentially higher returns |
Security | Extensive testing and audits; proven track record | Rigorous audits; advanced security measures |
User Experience | Simple, user-friendly interface | Enhanced features; advanced routing and multi-chain support |
Documentation | Well-established, extensive community support | Comprehensive documentation and support for new features |
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