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Dragon Academy
Dragon Academy offers users access to paid educational, reputational, and experiential bounties, enabling them to acquire marketable skills, build their reputation, and earn stablecoins for their contributions. Partners benefit from user onboarding, engagement through quests, and the opportunity to allocate airdrop funds to educational grants for aligned participants.
Tokenlistooor
Up to date token lists that fulfill your needs! Tokenlistooor is a fork of Uniswap Tokenlists, with focus on adding more automation and extra features.
Uniswap
Uniswap is a decentralized exchange protocol (DEX). It allows people to set up or contribute to liquidity pools consisting of various ERC-20 token pairs, or to use the available liquidity to swap their tokens against another using its Automated Market Maker (AMM) mechanism.
### Why
AMMS are one of the building blocks in the crypto space as they always provide users with a price between two assets. Uniswap uses a simple X * Y = K, formula to price assets where x is the amount of one token in the liquidity pool, and y is the amount of the other. k is a fixed constant, meaning the pool’s total liquidity is always the same.
### Risk
There are various risks involved with using AMMS. These include but are not limited to:
Protocol Risk - risk due to mechanics in the design of a protocol. Even when the protocol functions as intended there might be risks e.g. high slippage incurred in trades due to the liquidity curve set-up
Smart contract risk - This is risk from an error in the code causing the contract to operate in ways unexpected by the developers. It might leave the code vulnerable to exploits or other attacks
Cybersecurity risk - Hackers, Exploiters or other malicious actors trying to attack Uniswap
### Reward
Uniswap is arguably one of the largest AMMs in crypto and is usually the protocol where tokens find the most liquidity. Its UI/UX is extremely simple and users can trade most tokens with little problems.