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You're reading from  Building Full Stack DeFi Applications

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Published inMar 2024
PublisherPackt
ISBN-139781837634118
Edition1st Edition
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Samuel Zhou
Samuel Zhou
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Samuel Zhou

Samuel Zhou has over 15 years of software engineering experience in top high tech companies including being a blockchain developer as his hobby since 2018. In 2022, Samuel turned his enthusiasm on blockchain technology into a business by founding TiFi, which is a silicon valley based startup that builds e-Commerce platform on blockchain and brings blockchain to everyday life. Over there he has created TiFi Token that offers token rebates so people can get cash back when spending the token. Also he has built TiFi Bank which is a DeFi application that offers crypto saving, lending, trading, staking and liquidity management features. Samuel holds a Master Degree and a Bachelor Degree in Computer Science.
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Summary

In this chapter, we have gone through the frontend workflow and the code of key features of the token swapping page. You have learned how to generate the graph by accessing the on-chain data with smart contracts, find the best prices for swapping tokens by iterating the graph, and interact with the AMMRouter smart contract to perform the token swapping.

We discussed liquidity management and token swapping for the tokens based on the existing blockchain till now. These tokens are also called non-native tokens and they follow a standard (e.g., ERC20), which is built on an existing layer 1 blockchain. However, a productionized DEX should support native tokens as well. The native token is also called a built-in token or native coin of a blockchain. For example, ETH is the native token of the Ethereum blockchain. To make native tokens such as ETH work with the DEXs or other DeFi smart contracts, we usually have to convert the native token to a wrapped token (such as Wrapped ETH...

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Building Full Stack DeFi Applications
Published in: Mar 2024Publisher: PacktISBN-13: 9781837634118

Author (1)

author image
Samuel Zhou

Samuel Zhou has over 15 years of software engineering experience in top high tech companies including being a blockchain developer as his hobby since 2018. In 2022, Samuel turned his enthusiasm on blockchain technology into a business by founding TiFi, which is a silicon valley based startup that builds e-Commerce platform on blockchain and brings blockchain to everyday life. Over there he has created TiFi Token that offers token rebates so people can get cash back when spending the token. Also he has built TiFi Bank which is a DeFi application that offers crypto saving, lending, trading, staking and liquidity management features. Samuel holds a Master Degree and a Bachelor Degree in Computer Science.
Read more about Samuel Zhou