What is Lovely Swap?

Lovely Finance
2 min readJun 17, 2024

--

Lovely Finance represents Lovely Swap as an Automated Market Maker, an extraordinary breakthrough within the launchpad ecosystem, dedicated to establishing a robust and sustainable niche Distributed Finance System for our treasured community. Our primary objective is to foster the expansion of our investors’ capital by offering supplementary financial resources, thus enticing and engaging with new communities, thereby amplifying our network.

Lovely Swap serves as the focal point within the DeFi ecosystem upgrade, embodying the fundamental pillar of our infrastructure. Through the integration of various projects, the DEX seamlessly connects and harmonizes all components.

The LOVELY FINANCE team conducted a meticulous and comprehensive analysis to gauge the specific requirements and demands of the community.

Trading Competition with Live Data Tracking of Top 50 Traders, An attractive feature like CEX

Token validation upon DEX entry to keep scam projects away from the DEX.

By combining these ideas, we have implemented a DEX that obtains a commission from token project developers and trading Competition Participants while they are offered an opportunity to earn, which is enough to support the infrastructure.

As it is usual for DEX projects, we are using a non-upgradable smart contract for the DEX.

Only approved tokens are eligible to add liquidity. The Lovely Swap operates on “validated liquidity pools,” which become operational only after some predefined conditions are met.

For the contract (pair, pool, market) approval, the developer can Manually approve his pair by the smart contract functions, Or the user can pay fees in the developer’s suggested token.

--

--

Lovely Finance

The name "LOVELY" was deliberately selected to reflect our core values.