BananaSwap’s partnership announcement with Slope Finance

BananaSwap
2 min readSep 29, 2021

We are thrilled to announce the partnership with Slope Finance!

BananaSwap is an AMM decentralized trading platform running on Solana with the design of Concentrated liquidity. Pyth Network will help us acquire high-fidelity, time-sensitive, real-world data. And what’s more, Pyth Network is giving us comprehensive access to the vast amount of hi-fi financial services data we need to make smart contracts work smarter.

The Pyth price represents an aggregate derived from multiple contributing market “quoters”. It is a two-stage process to derive the aggregate price: first, individual quoters submit their prices along with what they believe to be the most recently confirmed Solana slot value. The second stage gathers the latest prices from each quoter, discards those that are too old or not in a valid trading state, and derives an aggregate price.

Hence with the help from Pyth Network, we can provide the latest and most accurate price of the current market to our users.

About Pyth Network

● Slope Wallet — The first cross-platform wallet built for Solana and also the first and the best mobile-end wallet on Solana.

About Banana Swap

● BananaSwap is an AMM decentralized trading platform running on Solana with the design of Concentrated liquidity.

Contact us

Website | Twitter | Medium | Discord | Telegram_EN
E-maili:contact@bananaswap.net

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BananaSwap

BananaSwap is a decentralized asset trading platform that runs on solana and adopts the AMM mechanism.@solana #SOL