Ubeswap

Verified
Regenerative

Ubeswap is a protocol for decentralized exchange and automated liquidity provision on Celo.

Organization
DEX
Homebase
Established
2020
Team size
2-10
Last updated
Feb 21, 2024
Token
Rating
Type
Liquidity
Mkt Cap
Description

Ubeswap is a DEX protocol for Celo assets.Ubeswap is based on elements from Uniswap, Sushiswap, Synthetix, and Compound. This is to ensure that the Ubeswap ecosystem can support as many existing tools and projects from the Ethereum ecosystem as possible.

Value Proposition

Ubeswap's goal is to increase liquidity on Celo. They envision a world where anyone can trade any asset from their phone or browser, without having to rely on decades-old clearinghouse technology or other centralized systems. Ubeswap seeks to bring in liquidity from all of DeFi by harnessing the fast transaction times, high block gas limit, and stablecoin system of Celo.

Milestones
  • Releasing Ubeswap v3: Ubeswap V3 aims to provide a more efficient and customizable trading experience with v3. The latest version of the exchange allows users to set their own range for liquidity provision, giving them more control over their liquidity position.

  • Decentralized farming: Ubeswap announced Import Farm feature. Import Farm allows anyone to create or import yield farms and single staking farms for every token.

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