Pascal is an automated market maker (AMM) focused on facilitating efficient trading between value-pegged cryptocurrencies.
What is Pascal?
Pascal is a decentralized automated market maker (AMM) on PulseChain, optimized for trading pegged value crypto assets with minimal slippage. Its main goal is to provide traders with an affordable, efficient, fast, and low-slippage way to trade pegged value crypto assets. In addition, Pascal offers high-yield liquidity pools that allow liquidity providers to earn attractive returns on their investment.
Why did you create Pascal?
We created Pascal to address the needs of the DeFi ecosystem on PulseChain by providing a stableswap protocol specifically designed for efficient trading of pegged-value assets. Our primary goals in creating Pascal were to:
Boost liquidity for native PulseChain stablecoins: By fostering a liquid market for native stablecoins, Pascal reduces reliance on bridged assets and mitigates the risk of bridge failure, thereby promoting a more resilient and self-sufficient DeFi ecosystem on PulseChain.
Enable low-slippage swaps: Pascal’s stableswap algorithm allows for efficient trading between pegged-value assets with minimal slippage, offering a superior experience for traders compared to traditional AMMs.
Generate attractive yields for liquidity providers: Pascal’s optimized liquidity provision mechanism enables higher fee income for liquidity providers, encouraging more users to contribute to the platform’s liquidity pools.
Build a thriving ecosystem around PSC: Our goal is to create a thriving ecosystem of valuable applications that contribute to the success of PulseChain. We’re dedicated to encouraging decentralized governance, facilitating adoption, and generating sustainable revenue streams for PSC token holders.