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Getting Started
Swap and Settlement
Traders can choose to swap between the following different assets on their respective protocols:
Ethereum
- USDT
- DAI
- ETH
Polygon
- USDT
- DAI
- MATIC
The prices are derived from external oracles and weighted against the current pool balances to apply a discount or premium.
After a trade has been executed, there is a three-minute countdown before the position can be settled and the tokens are received. During this settlement-pending period, the affected pools will be locked for the user and new trades (that utilise the pools) cannot be initiated by the user. This process is required to prevent oracle front-running attacks, for more details, refer to the "Swap and Settlement" section in this document.
Liquidity Provision (Deposits and Withdrawals)
Users can deposit any amount of tokens into the Centaur Swap pools at any time. These deposits will increase the liquidity of the pool and reduce slippage faced by traders.
Transaction fees paid by traders is currently set at 0.2% of the tokens that they would receive and 100% of the transaction fee will be rewarded to the liquidity providers according to their share of the specific pool.
Farm
Liquidity providers on CentaurSwap will receive LP tokens which can be staked to farm WHEY (governance token for Centaur Swap, refer to WHEY section for more details) rewards.
The following LP tokens will also be supported for the WHEY farms.
On Ethereum:
- CNTR/WETH pool on Uniswap
- WHEY/WETH pool on Sushiswap
On Polygon:
- WHEY/WMATIC pool on Quickswap
- CNTR/WMATIC pool on Quickswap
Last modified 2yr ago