Introducing Ordiswap, a groundbreaking protocol set to redefine liquidity dynamics on Bitcoin's native layer through the innovative fusion of the BRC-20 standard and Ordinals. Crafted by a seasoned development team with a commitment to technical excellence, Ordiswap marks a significant advancement in decentralized finance (DeFi) for the Bitcoin ecosystem.
At its core, Ordiswap seamlessly integrates off-chain server management with the unique tokenization capabilities of the BRC-20 standard, ushering in a new era of direct trading on Bitcoin's native layer. This technical brilliance, inspired by the principles that drive Ethereum's success, navigates the intricacies of decentralized trading without relying on on-chain smart contracts, ensuring security and efficiency.
Ordiswap's innovation lies in its ability to conduct trades and facilitate liquidity, maintaining the fundamental tenets of the Bitcoin network. By leveraging the principles of the BRC-20 standard and ordinals, Ordiswap allows for periodic settlements directly on the Bitcoin network, aligning transactions with the inherent security and finality of Bitcoin's blockchain.
This disruptive approach aligns with the ethos of decentralized finance, championing transparency, trustlessness, and permissionlessness in a manner reminiscent of Ethereum's foundational principles. Offering a direct avenue for users to engage in BTC/BRC-20 trades on Bitcoin's native layer, Ordiswap eliminates reliance on external intermediaries, providing a direct, efficient, and secure means of accessing liquidity. As our development team pioneers this innovative solution, Ordiswap stands as a trailblazer in the decentralized trading landscape, inviting users to participate in the evolution of blockchain-based finance on the Bitcoin standard.
At Ordiswap, our mission revolves around developing disruptive innovative builds that pioneer advancements on the Bitcoin network without the need for auxiliary layers. Our core functionality centres around the trading of crypto assets, all seamlessly settled directly on Bitcoin's robust layer. The heart of our innovation lies in our automated market-making (AMM), enabling users to trustlessly exchange a diverse array of Ordinals and BRC-20 assets.
Architecture Overview:
Off-Chain Server:
- Ordiswaps off-chain server manages the logic and parameters of the Automated Market Maker (AMM). This includes handling trades, liquidity provision, and setting dynamic AMM parameters.
BRC-20 Tokens:
These are tokenized assets on the Bitcoin network. They represent various assets, and Ordiswaps AMM facilitates the trading of these tokens.
Oracle System:
- Ordiswaps off-chain server interacts and aggregates with several oracles in manner sOracle to obtain real-time price feeds for the BRC-20 tokens. Oracles play a crucial role in maintaining accurate pricing information.
Check more info here: https://ordiswap.gitbook.io/ordiswap/protocol-concepts/osamm-overview
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