Ammalgam Documentation
Decentralized Lending Exchange (DLEX)
DLEX
Combining lending and trading functions into one contract creating capital efficiency and enhanced utility for users
Trading
A Decentralized Exchange (DEX) that allows for the trading of tokens and Automated Market Making for liquidity providers
Lending
A permissionless overcollateralized pairwise lending protocol
Capital Efficiency
Giving market makers better returns by lending out unused assets that occur in automated market making using the X * Y = K invariant
Utility
Offering lending and trading functions in one contract gives gives
Autonomy
Built without any external dependencies on oracles or other protocols allowing for permissionless lending allowing for a first to market lending and trading venue for the next big airdrop