${ project.token } (${ project.short_token }) #${ project.rank }
${ project.name }
@${ project.slug }
${ project.price_btc } BTC
Socials
Explorers
${explorer.short}MarketCap | $ ${ project.market_cap } |
---|---|
Volume(24h) | $ ${ project.volume_24 } |
Circulating Supply | ${ project.circulating_supply } ${ project.short_token } |
Total Supply | ${ project.total_supply } ${ project.short_token } |
About the project
Pegasys is an automated liquidity protocol powered by a constant product formula and implemented in a system of non-upgradeable smart contracts on the Syscoin blockchain. It obviates the need for trusted intermediaries, prioritizing decentralization, censorship resistance, and security. Pegasys is open-source software licensed under the GPL.
Each Pegasys smart contract, or pair, manages a liquidity pool made up of reserves of two ERC-20 tokens.
Anyone can become a liquidity provider (LP) for a pool by depositing an equivalent value of each underlying token in return for pool tokens. These tokens track pro-rata LP shares of the total reserves, and can be redeemed for the underlying assets at any time.