Automated market makers (AMMs) are a crucial component of the decentralized finance (DeFi) ecosystem. They enable the trading of digital assets in a permissionless and automated manner by utilizing liquidity pools instead of a traditional market structure. Users of AMMs contribute liquidity to these pools by supplying crypto tokens, and the prices of these tokens are determined by a constant mathematical formula. Liquidity pools can be optimized for various purposes and have become a significant instrument within the DeFi ecosystem.

Decentralized exchanges (DEXs) are peer-to-peer (p2p) online services that facilitate direct cryptocurrency transactions between interested parties. They aim to address the inherent issues associated with centralized exchanges by creating p2p markets directly on the blockchain, allowing traders to independently store and manage their funds. Users of DEXs can transact with cryptocurrencies directly with one another, eliminating the need for intermediaries.

CoinSwap Space, founded in April 2021, is a decentralized exchange (DEX) designed for swapping BEP20 tokens on the Binance Smart Chain. It operates on an automated market maker (AMM) model, enabling users to trade against liquidity pools filled with users' funds. Users deposit their funds into the pool and receive liquidity provider (LP) tokens in return. These tokens can then be used to claim their share of the pool, along with a portion of the trading fees.

CoinSwap Space's vision is to establish a robust foundation for the community by incentivizing their support of the AMM model and creating an advanced ecosystem for automated liquidity provision on the Binance Smart Chain.

The primary target audience of CoinSwap Space includes consumers seeking to avoid the high gas fees associated with the Ethereum Blockchain. Additionally, the platform aims to become the leading AMM-based platform on the Binance Smart Chain.

CoinSwap Space also offers users the opportunity to farm additional tokens listed on the yield farming pool. Users can deposit LP tokens and stake them to earn CSS tokens. These CSS tokens can then be staked to receive CSSl, which will serve as a governance and utility token.

Moreover, the CoinSwap Space platform has the capability to launch new pools. As an automated market maker, it utilizes smart routing to provide clients with the best swapping rate, slippage, and price impact available.

The liquidity for the swaps is provided by Liquidity Providers (LPs) who stake their tokens in Pools. In return, they receive CS-LP (CoinSwap-LiquidityProvider) tokens, which can also be staked to earn CSS tokens in the farm.

For more information about CoinSwap Space, please visit https://doc.coinswap.space/.