Working with Algebra Finance, Swapr V3 brought concentrated liquidity and dynamic fee structures to Gnosis Chain, and began offering SWPR farming incentives on its new pools.
A 100M max-supply SWPR token was minted and distributed (DXdao treasury, Swapr treasury, liquidity incentives, DXD holders), with the initial airdrop opened for claims on Arbitrum One and liquidity mining campaigns slated for September 16, 2021.
After DXdao REP holders ratified the Beta release proposal, Swapr Beta went live on mainnet and xDai, introducing its do-it-yourself farming platform and eco-routing features.
DXdao revealed Swapr (code name DXswap), a governance-enabled fork of Uniswap and the first AMM to allow adjustable swap fees through governance, deploying it in alpha on Ethereum mainnet with contracts audited by Sunfish Technology.
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