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Ordiswap: AMM Infrastructure for BRC-20 and Runes

Ordiswap introduces DEX capabilities directly to the Bitcoin blockchain. Ordiswap supports both BRC-20 and Runes standards, fully integrating with Bitcoin’s layer-1.
7/22/2024
btcterminal.io
Ordiswap Partnership

Ordiswap — a protocol dedicated to reshaping decentralized exchanges (DEX) on Bitcoin — is partnering with RunesTerminal. This partnership embodies the ethos of “utility projects support utility projects”, and promises to deliver new opportunities to the Runes ecosystem.

About Ordiswap

Ordiswap introduces DEX capabilities directly to the Bitcoin blockchain. Ordiswap supports both BRC-20 and Runes standards, fully integrating with Bitcoin’s layer-1. This ensures a trustless, secure, and transparent environment for token swaps, marking a significant leap for DeFi on Bitcoin.

Native Bitcoin Integration

Ordiswap leverages Bitcoin’s native blockchain directly. This approach offers several advantages:

  • Security: By utilizing Bitcoin’s robust and battle-tested network, Ordiswap inherits the unparalleled security of the world’s largest blockchain.
  • Simplicity: Users don’t need to navigate complex cross-chain interactions or understand multiple blockchain ecosystems.
  • True Decentralization: Operating directly on Bitcoin aligns with crypto’s core ethos of decentralization and censorship resistance.

$ORDS Token Economy

The $ORDS token is the native token of Ordiswap, and is central to its ecosystem and general functionality:

  • Reward Mechanism: Users earn $ORDS for providing liquidity and participating in governance, creating a direct incentive for active involvement.
  • Community Ownership: As users accumulate $ORDS, they gain a stake in the protocol’s future, fostering a sense of ownership and long-term commitment.
  • Liquidity Bootstrapping: The token reward system helps to solve the initial liquidity problem that many new DEXs face, leading to deeper liquidity pools from the outset.

Innovative Technical Architecture

Ordiswap’s use of off-chain balance states and Bitcoin nodes is a major technical innovation for the network:

  • Scalability: Faster and more efficient trading, directly on Bitcoin L1
  • Cost-Effectiveness: lower fees

Why Ordiswap Matters for RunesTerminal Users

The collaboration between Ordiswap and RunesTerminal aims to enhance the Runes ecosystem by integrating Ordiswap’s robust DeFi capabilities with RunesTerminal’s industry-leading Runes infrastructure. Together, we are exploring the creation of a $RUNI pool on Ordiswap AMM, further expanding its utility and opportunity for users.

Final Thoughts

By leveraging Ordiswap’s innovative technology and RunesTerminal’s commitment to utility, this partnership promises to deliver unparalleled benefits to the Runes and Bitcoin DeFi ecosystem.

Follow Ordiswap and RunesTerminal on X(Twitter) for more updates.