ComethSwap is a Layer2 decentralized exchange that lets you swap any ERC20 tokens at a low cost in no time. ComethSwap sits on top of the Cometh ecosystem.
The DEX is running on Polygon’s (ex-Matic) Layer2 with intertwined capabilities with the game, as portions of fees generated circle back to players while properly incentivizing liquidity providers.
Uniswap is the standard way for millions of people to exchange tokens freely and provide liquidity on token pairs. Liquidity providers perceive fees on the swaps for which volume, albeit significant today, remains hindered by the transaction cost of the blockchain. The monthly transaction cost consumed on applications like Uniswap is in the 10 million range in USD.
Cometh includes ComethSwap, a fork of Uniswap deployed on Ethereum sidechains (including Polygon) and an optimistic rollup Layer2 to offer an opportunity to the players to swap tokens without having to pay for the usually deterring transaction costs. While players will be able to swap without hassle, the liquidity providers will perceive more fees in a decentralized exchange where swaps happen more often.