The design concept of the TurboSwap project stems from the team's in-depth consideration of the essence of finance and DeFi fields. The large scale and large quantity of assets on the chain inevitably require fast, zero friction, and trustless real-time exchange. Therefore, although DEX based on the New Token Exchange Protocol, represented by Uniswap, has strong competitiveness, there is still huge demand and market potential. Meanwhile, due to technological limitations in blockchain and DeFi, there are still many problems and shortcomings in current DEX track projects, especially those based on ETH chains. As long as these issues can be resolved, it will be an opportunity for TurboSwap to stand out.1) Gas fees are too high.2) Delay in transactions.3) The impermanent loss caused by the AMM algorithm.4) The sliding point of large-scale transactions is too high.In response to the above issues and pain points, TurboSwap proposes a new token exchange protocol that integrates PMM algorithm and second layer extended network technology. It aims to improve trading performance while eliminating the unpredictable loss of liquidity caused by market maker algorithms. In addition, TurboSwap will also launch platform NFT casting and pledge functions, which will bring more benefits to users.
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