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EruSwap Tokenomics and ERUCHEF NFT
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 * 🔖Introduction to eruSwap
 * 💸ERUCHEF NFT
 * EruSwap Tokenomics
   * 🤑ERU Tokenomics
   * 💰Tokens
   * 🥇Initial Supply and Emissions Schedule
   * 💎veERU
   * 💻Airdrop for Users
   * ☀️Airdop Protocols
   * 😎Launch Timeline
   * ⚙️Inclusive and Fair Emporium for Cross-chain Liquidity
      * 🍲Whitelist Pot Assets
      * ⛽Add Gauges
      * 💈Add Bribes
   
   * 💞EruSwap Referral System
 * 🔐Security
 * 🤝Collaboration
 * 👨‍🏫EruSwap API

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🔖INTRODUCTION TO ERUSWAP

NOTE: THESE DOCS ARE UNDER ACTIVE DEVELOPMENT. 🚧

WHAT IS ERUSWAP?

eruSwap also called eSwap (abbreviation) is a cross-chain decentralized trading
platform connecting fiat-to-crypto and crypto-to-fiat, providing a protocol for
trading and automated liquidity provision for the self-made retail crypto trader
in emerging markets powered by AXELAR. We are on a mission to make superior
trading products with efficient execution available to anyone.

eruSwap is a decentralized exchange (DEX) built for self-made traders in
emerging markets, not hedge funds or whales. eruSwap is designed to have the
lowest per-transaction costs for smaller trades on the most popular
crypto-assets. This is accomplished through a novel architecture and a series of
design tradeoffs that sacrifice price competitiveness on large trades for better
prices for smaller trades.

Eru is a soup from Cameroon. It is a specialty of the Bayangi people, of the
Manyu region in southwestern Cameroon. It is vegetable soup made up of finely
shredded leaves of the eru or okok. The eru is stewed with waterleaf or spinach,
palm oil, crayfish, and either smoked fish, cow skin (kanda) or beef. Eru is a
wild plant that is harvested from the forest in Cameroon. In Nigeria, it is
called Ukazi or Afang. Natives of Cross Rivers State use it to prepare the
famous Afang soup. Afang soup has a striking similarity to Eru but it is more
"soupy' and the Eru is ground or pounded prior to preparation. Another soup that
really looks like Eru is the Edika Ikong, also prepared by the Calabar people of
Cross Rivers State in Nigeria. It looks almost like Eru.

Permit me to say that Eru is the grandmother of Afang! This dish is
traditionally eaten with fermented water-fufu or garri.

Welcome to eruSwap 👋

This is the official documentation for eruSwap, a cross-chain decentralized
exchange, based on a unique cross-chain OMM design based on Clipper's FMM to
offer users a maximally efficient and low friction method to trade digital
assets, fiat to digital assets, and vice-versa in a totally decentralized
system.



Visit https://eruswap.netlify.app/ or join our Discord & Telegram to get
involved 📈



ERUSWAP’S VISION

As the crypto space is going through rapid evolution, It is increasingly evident
that the value proposition for cross-chain activity is becoming more prominent.
We at eruSwap have a vision of becoming one of the key solutions to the
complexity & non-triviality of swapping between L1 crypto assets. We view the
following attributes & metrics as important to achieving that goal:

Generalized Cross-Chain Capability: Provide users with a permissionless method
to swap assets between arbitrary chains and networks (L1, L2, etc) without
introducing new wrapped assets, liquidity fragmentation, leaving users with tail
risk, or excessive confirmation times.

Seamless fiat-to-crypto and crypto-to-fiat: Provide users with a permissionless
method to swap digital assets between fiat and blockchain networks instantly and
without friction using their mobile payment wallets, onboarding 1.35 billion
mobile wallet users to DeFi. The exponential growth adoption of digital assets
and DeFi will pass through its integration with mobile payment networks.

Decentralization: Maintain credible decentralization, audited open-source
software, and transparent network operation from the very beginning.

Useful Product: Offer extremely accurate pricing and zero slippage to make the
protocol competitive, in addition to focusing on the user experience and
providing value to end-users.

Composability: Engineer the protocol such that it can be easily utilized by
wallets, aggregators, and other products to bring their users greater
functionality, who in turn become users of the protocol by proxy.

Sustained Value Capture: The protocol should be self-sustaining if enough users
want to use the product without artificial incentives. The protocol should feed
value from fees into the ERU token itself to distribute it to token holders and
offset any incentives offered.



LEARN MORE

We are also actively contributing to our community members through our blog.
Here we post updates on our protocol design implementations as well as
development updates from our team.


COMMUNITY

Join our vibrant community to help steer the initial direction and development
of eruSwap: Discord Telegram Twitter

NextERUCHEF NFT

Last updated 1 year ago

On this page
 * NOTE: These docs are under active development. 🚧
 * What is eruSwap?
 * eruSwap’s Vision
 * Learn More
 * Community