The realization principle of the BRC20 Swap function based on the EVM protocol?
Similarly, the Swap functionality within HOTFI operates through the generation of mapped tokens using a contract factory. These mapped tokens are then recorded within users' wallets. This mechanism enables users to actively participate in Liquidity Provider (LP) pools to facilitate Automated Market Making (AMM) functionalities.
When users contribute mapped tokens to LP pools, they contribute liquidity to the platform, allowing for the seamless execution of token swaps through AMM mechanisms.
Furthermore, HOTFI's Swap functionality extends beyond token-to-token swaps. It also provides the capability for any user to engage in real-time conversions between BRC20 tokens and BTC. This adds an additional layer of flexibility and utility, allowing users to convert between different types of assets based on market conditions and their individual preferences.
By implementing Swap through mapped tokens and contract-based mechanisms, HOTFI enables users to actively participate in liquidity provision, token swaps, and asset conversions while maintaining the security and transparency of blockchain technology.
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