Introduction
What is ErgoDEX?
ErgoDEX is a non-custodial decentralized exchange that allows a quick, effortless, and secure transfer of liquidity inside and between the Ergo and Cardano networks. The eUTXO model gives the unique possibility to have shared liquidity among different networks. ErgoDEX will eventually feature a full AMM, Order Book and more.
ErgoDEX is an open-source DeFi product which take a part in both Ergo and Cardano platforms and as a consequence exists for purposes of both communities. You can imagine ErgoDEX infrastructure like the following:
- ErgoLabs: the team of developers who are developing and maintaining ErgoDEX protocol, user interface and other products;
- The ErgoDEX Protocol: a set of smart contracts that create an automated market maker and order book;
- ErgoDEX User Interface (UI): a web (or mobile) interface which provides access in conjunction with the protocol;
- ErgoDEX Execution Bots: off-chain software whose function is to execute DEX orders and works in a completely decentralized manner.