SwapBased
Reported
Category
Exchanges
Platform
Smart Contracts
0xd07379a755a8f11b57610154861d694b2a0f615a
SwapBased is an automated liquidity protocol implemented in a system of non-upgradeable smart contracts on the Base blockchain. The system in place obviates the need for trusted intermediaries, prioritizing decentralization, censorship resistance, and security.
Each SwapBased smart contract, or pair, manages a liquidity pool made up of reserves of two ERC-20 tokens.