Description
Payship is a fully decentralized platform hosting a suite of crypto synthetic trading dApps: SWAPS, PERPS, LOANS and FARMS. All dApps are secured by Chainlink price feed oracles and integrated with each other through a common means of exchange, the VSDC stable denominator backed by real ETH and always priced at one US dollar. Operating since 2020 as an ecosystem of smart contracts and communities, Payship integrated in 2023 under one brand and deployed on the Ethereum Mainnet and Coinbase Base.
The platform's products include:
- SWAPS: A decentralized exchange (DEX) for synthetic assets that allows swapping hundreds of tokens with accurate prices, zero price impact, no slippage, and low fees.
- LOANS: A decentralized lending and borrowing service that is immune to flash loan attacks and offers a stable interest rate system and fixed-interest loans.
- PERPS: Decentralized Crypto Contracts for Difference (CCFD) that allow users to bet on asset price movements with leverage, with losses limited to the deposited collateral.
- FARMS: A decentralized staking platform for rewards and governance, where user activity is rewarded with Payship XP (XPSHP).
- VSDC: The platform's core stable denominator, backed by real ETH and always priced at one US dollar within the Payship dApps.