About ASH

AshSwap is a decentralized exchange built on Elrond that facilitates trading between stablecoins with minimal slippage and low fees. It aims to elevate DeFi by offering enhanced yield opportunities and unique token functionalities. Inspired by Curve Finance, AshSwap introduces innovative concepts to improve user experience, boost capital efficiency, and develop a more resilient token model. Fees collected are split into two parts: 50% benefits LP token holders from executed trades, and the remaining 50% is allocated to veASH holders, incentivizing staking of the governance token to earn protocol revenue. ASH is the governance token for AshSwap.