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Phased Implementation

Phase 1: Deployment and Initial Locking​

  • Current Status: Completed. We have successfully deployed the smart contract that enables liquidity locking and have locked our BOLT LP tokens. The ElectroSwap UI reflects locked liquidity, providing users with clear indications of the extent of liquidity locking in each pool. Pools without locked liquidity will be marked with a warning, enhancing transparency and informed decision-making.

Phase 2: Integration into the ElectroSwap UI​

  • On Our Roadmap: The next phase involves integrating the liquidity locking feature directly within the ElectroSwap user interface. The feature is currently available for any developers, however the lock must be initiated via the blockchain explorer for now. The UI integration will allow LPs to lock their liquidity tokens seamlessly when providing liquidity to a pool, further simplifying and securing the user experience.

Phase 3: Auditing the LP Locking Contract​

  • Future Development: Building on our commitment to security and transparency, Phase 3 will involve a comprehensive audit of the LP locking contract. This crucial step will ensure the highest standards of security are upheld, addressing potential vulnerabilities and reinforcing user confidence in the liquidity locking feature. By partnering with leading security firms in the blockchain space, we aim to provide our community with peace of mind, knowing their investments are safe and the platform is free of exploits. Stay tuned for updates on this important milestone in our quest to offer a secure, stable, and trustworthy DeFi platform.

Stay Tuned​

Stay informed and trade safely as you explore the exciting opportunities ElectroSwap and the DeFi world have to offer.

Join us at ElectroSwap as we set new standards in DeFi, creating a safer, more stable, and trustworthy ecosystem for all. For more information on our features and roadmap, follow us on ElectroSwap's X page and join our Telegram or Discord community to stay updated on the latest developments.