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    Algofi Swap

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    TL;DR

    Decentralized swap protocol built on Algorand

    Dossier

    ## Overview Algofi Swap is a decentralized exchange protocol operating on the Algorand blockchain. It enables users to trade cryptocurrency assets directly from self-custodied wallets without relying on a central intermediary to hold funds or execute trades. The protocol uses an automated market maker (AMM) model, where liquidity pools containing paired assets facilitate trading at prices determined by the ratio of assets in each pool. The tool exists to provide Algorand network users with a native on-chain trading infrastructure. Algorand's design emphasizes low transaction costs and high thr