What is XSwap Protocol?

XSwap Protocol is a decentralized exchange that employs an automated market maker system on the Xinfin network, referred to as XDC. The protocol aims to facilitate the entry of emerging projects into the market after their development phase by enabling swapping and exchanging of XRC-20 tokens.

The choice of the Xinfin XDC network is attributed to its hybrid blockchain capabilities, which aim to enhance the global trade and finance sector. Xinfin is designed to integrate with the legacy financial system, allowing for a wide range of use cases. The network supports smart contracts, offers a high transaction throughput of 2000 transactions per second, and aims for low transaction fees and rapid confirmation times, with transactions confirmed in approximately two seconds.