Drachma is a decentralised non-custodial automated market maker (AMM) which features “Curve style” hyper-efficient low-slippage swaps for both pegged and unpegged assets. Users participate as traders or liquidity providers (LPs).
The Metis community’s own homegrown AMM fills an important infrastructural niche in the Metis ecosystem, and does so in a way that has improved upon similar platforms’ shortcomings.
The objectives of the Traders are:
The objectives of the LPs are:
Drachma aims to satisfy these requirements for both parties.
As a trader, simply select the assets you’d like to efficiently swap on the swap page of the Drachma dAPP (app.drachmadef.io).
Input: The asset you currently have and want to swap (in this case, USDT) Output: The asset you want to swap for (in this case, USDC)