Submission #5

This whitepaper describes architecture and principles of work for decentralized exchange (DEX) Charon Exchange.

Charon Exchange uses an automated market-maker mechanism (AMM) that allows providers of liquidity deposit their funds to get profits and offers for users fast and safe exchange service with low commissions.

Charon Exchange uses the TIP3 wallet standard with modifications which are required for automatic operating and control by DEX on-chain. 



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