MeowSwap is a part of Occam’s Occelerator program which is a kind of accelerator incubator for Cardano-related projects. MeowSwap also had a successful IDO on OccamRazer platform where over 1300 Cardano enthusiasts were interested in contributing as early adopters.

We solved the concurrency issue with our proprietary L2 scaling technology, which in conjunction with our DEX — finally offers a solution that not only achieves large numbers of transactions per block but is also fully scalable. Our scaling technology allows for significant reduction in data necessary to be validated on Cardano’s main chain, thereby increasing transaction throughput and freeing us from the constraints of Cardano's main chain whilst maintaining the security inherent to it.

The majority of MeowSwap’s team are MetaHash creators that realized the potential behind Cardano, its community and its eUTXO model. The leader & founder of the MeowSwap team is Gleb Nikitin who has over 20 years of experience in building software, as well as more than 5 years of experience in leading the development of cutting edge crypto technologies. Gleb’s inspiration for MeowSwap’s high-throughput engine comes from his experience in building Real Time Bidding (RTB) systems as well as from building MetaHash that has over 50 000 tps throughput and 3 seconds finality. MeowSwap team consists of 9 team members and 3 advisors, whilst all of them are crypto veterans. Some of the team members’ names that might be familiar to crypto aficionados are the MeowSwap team’s Lead Developer Kirill Zatsepin, Issam Samara, and Eduard Gurinovich as the team’s advisor.

The Cardano ecosystem is now almost ready for DeFi applications. It's a fact that Cardano is by far the best candidate to facilitate global DeFi adoption. The highly-secure Cardano network with its much more affordable transaction fees and eUTXO model that ensures there are no transaction costs on failed transactions — is the DeFi catalyst we have all been waiting for. The whole market in general is waiting for Cardano to join the DeFi space but due to technical limitations it is still not completely possible. The ecosystem is ready to explode onto the wider blockchain scene and the MeowSwap team wants to speed up the adoption of Cardano by providing a fast and efficient DeFi suite, with MeowSwap DEX being the crucial product.

We solved the concurrency issue with our proprietary L2 scaling technology, which in conjunction with our DEX — finally offers the ultimate DEX solution fully running on Cardano. Our scaling technology allows for significant reduction in data necessary to be validated on Cardano’s main chain, thereby increasing transaction throughput and freeing us from constraints. MeowSwap team consists of seasoned developers experienced in working with high-throughput systems like MetaHash. All this in addition to user-friendly UI equals to a top-notch solution which you can experience on https://app.meowswap.fi

Layer 2 (L2) is an additional protocol that is built on top of blockchains, in our case Cardano. Layer 2 scaling solution increases throughput without tampering with the original decentralization or security characteristics that are integral to the blockchain's main network.

Decentralized exchange (DEX) is a digital asset exchange platform that operates on the principle of decentralization, i.e. without the participation of a central authority. A decentralized exchange allows you to trade tokens in a peer-to-peer mode, i.e. directly between investors. For this reason, users do not have to transfer their assets to the exchange, keeping them on their own wallets all the time. This reduces the risk of possible theft or hacking of the exchange servers. Trading decentralization also prevents potential price manipulations or fraudulent trade volumes. DEX is usually governed by its users who can make use of specific exchange tokens (MEOW in our case), awarded to stakers, liquidity providers or bought on the open market.

MeowSwap is a decentralized exchange (DEX) that will provide Cardano users with the ability to liquidity mine pools, as well as trade tokens directly on the Cardano blockchain and more. It is a Layer 2 (L2) decentralized exchange live on Cardano network that uses Layer 1 (L1) for secure storage of assets whilst taking away the computational load from the L1 network. It’s the best of two worlds offering users the security of L1 based DEX’s, and the speed that nearly matches centralized systems. All the deposits and withdrawal requests are handled by Cardano main chain and the computation and exchange data-storage in L2. By utilizing the L2 solution it allows almost real time trading and later a vast array of instruments like perpetual contracts, programmable trading scripts, postponed execution, copy-trading scenarios and much more.

You can use any Cardano wallet to trade on MeowSwap. At the moment Nami and GeroWallet are supported natively, which means that thanks to their dapp-connector you can swap as easily as you do it with your MetaMask on BSC or ETH networks. However, any Cardano wallet capable of holding Cardano Native Tokens can be used. Just pick the desired pair (i.e. MEOW and ADA), enter the amount you want to exchange and hit “Swap”. You will see a pop-up with detailed information on where to send your funds to complete swap. This way you don’t have to transfer your assets between different apps - Yoroi, Daedalus, CardWallet or ccvault are all fine!

You can get in touch with the team members on Telegram, leave a message on Twitter or send an e-mail to info@meowswap.fi . Remember, admins will never PM you first!

You can find MeowSwap One Pager and Yellow Paper (technical paper) on https://meowswap.fi