Question 1

How does Ekubo work?

Accepted Answer

Ekubo operates as a decentralized exchange on Starknet, utilizing super-concentrated liquidity to enable highly efficient trading with minimal slippage. Its architecture is built on a singleton design, allowing for extensibility through third-party modules that can introduce custom order types, automated strategies, and oracles. This design ensures optimized performance and lower gas fees for users.

Question 2

Is Ekubo a secure project?

Accepted Answer

Ekubo is built on Starknet, a Layer 2 network that employs STARKs (zero-knowledge proofs) to provide scalability without compromising on security. The platform's smart contracts are highly optimized and written specifically for the Starknet network, enhancing both efficiency and safety. Additionally, Ekubo's architecture allows for modular extensions, enabling developers to implement custom security features as needed.

Question 3

How to use Ekubo?

Accepted Answer

To use Ekubo, connect a Starknet-compatible wallet like Argent X to the platform. Users can provide liquidity by selecting a pool, defining a price range, and specifying the amount of tokens to deposit; an NFT representing the position will be generated and sent to the user's wallet. Swapping tokens is straightforward, and users can monitor their positions and accumulated points through the Ekubo interface.

Question 4

What services does Ekubo offer?

Accepted Answer

Ekubo offers decentralized token swapping and liquidity provision with super-concentrated liquidity, allowing for high capital efficiency. The platform supports extensibility through third-party modules, enabling the creation of custom order types, automated strategies, and oracles. Users benefit from significantly lower gas fees and the ability to earn rewards by providing liquidity within specified price ranges.