Welcome to Centaur Swap! Please note that the platform uses many new and experimental technologies. If you notice any bugs, please send an email to [email protected]
Swap and Settlement
Traders can choose to swap between 3 different assets at launch:
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 and new trades (that utilise the pools) cannot be initiated. 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.
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.
LP tokens for the CNTR/WETH pool on Uniswap and WHEY/WETH pool on Sushiswap will also be supported for the WHEY farms.
The smart contract is undergoing an audit and the report will be published once it is available. The team has taken sufficient effort to test the security of the contract but the possibility of unforeseen/zero-day attack vectors may still exist.