Library›Chains and how they work›KulaSwap

KulaSwap

KulaSwap is the decentralised exchange of the MELEK ecosystem, deployed on the PRANA chain and published at kula.money.

Function

KulaSwap is an automated-market-maker exchange in the constant-product lineage, with pooled liquidity, farming and lending components. KULA is the hub asset: pairs are quoted against it rather than against every other asset directly.

Pairs and the bridge

Principal pairs include KULA/MELEK, and the Hive-Engine assets VKBT and CURE as VKBT/KULA and CURE/KULA. Those two are bridged from Hive-Engine one-to-one under multisignature custody, which makes them the route between MELEK and outside value.

See also

• PRANA Blockchain
• VKBT and CURE

Sources

• kula.money
• github.com/HinduTempleCoins/KULASwap

Coverage

Describes the exchange's structure and its principal pairs.

Filed under  Chains and how they workTools