About LNSwap

LNSwap is an atomic swap protocol that speaks to the very foundations of Bitcoin and the security, decentralization, and stability that it provides. Every user should have full transparency and control over their flow of funds, especially given that current centralized financial systems pose big security risks for users.

We’re part of the Trust Machines product family, and our dedication to providing quick, secure swaps also exemplifies the work being done to unlock the true potential of the Bitcoin blockchain.

How LNSwap works

Lnswap is made up of three parties: users, liquidity providers, and aggregators.

Users are those looking to swap assets. Their funds are locked into a very basic hash time-locked contract (HTLC) only for the duration of the swap which – through the use of smart contracts – enables a direct transaction between two parties without third party involvement. In short, our users experience a truly trustless transaction where they retain full control over their funds.

Liquidity providers are those who provide funds to the LNSwap protocol with assets that they own to facilitate swaps on our exchange. In return for providing their assets, liquidity providers are rewarded with fees that are generated by swaps that happen on the platform.

Aggregators essentially gather data and information on swaps happening on the protocol and consolidate them for ease of reference and access. Currently, LNSwap’s aggregator is a router that is used to forward swap information between users and liquidity providers. But in the future, our aggregator will actually be an on-chain contract, which effectively means that anyone can become an aggregator for the platform with a simple frontend. Additionally, liquidity providers will be able to register to multiple aggregators.

Stacks 2.1
Q1 2023
Q2 2023
Q3 2023
Q1 2024
Custom SIP10 tokens
Q2 2024
Q2-Q3 2024

The future of LNSwap

Building towards additional layers

Excited about LNSwap and hoping to join our team?

Take a look at our openings on the Trust Machines careers page.