One click slippage free cross chain swap

Whitepaper

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100% cross-chain
No wraps, no side-chain, no light chain, no
validators, 100% true one-click swap between all
blockchains

100% value match

Receive new crypto equal to the exact value you
sent with zero slippage

100% safe
No hot wallet, no deposits, no accounts, no
custodial wallets

100% reimbursement
Fees and gas reimbursement fully with SMART

100% free license

Build your own SmartSwap at no cost or become an
affiliate of ours

100% anonymous
Complete privacy guard with no KYC / AML needed

100% scalable
No LP, no pools, true decentralized CEX and OTC
liquidity bridge

100% decentralized
DAO approach with a closed system lacking any
single point of failure privilege
CONTENTS
Introduction _________________________________________________________________________________ 4
Zero Volatility Swap Platform ____________________________________________________________________ 4
One-Click Cross-Chain _______________________________________________________________________ 5
Two-click Bitcoin Cross-chain _________________________________________________________________ 6
FLASH Swap_______________________________________________________________________________ 6
DECENTRALIZED CeFi <> DeFi BRIDGE ________________________________________________________ 6
Simple OTC Access _______________________________________________________________________ 6
OTC SmartSwap Liquidity Process ____________________________________________________________ 7
SWAPPING PROCESS________________________________________________________________________ 7
P2P Swap_________________________________________________________________________________ 7
P2C Swap_________________________________________________________________________________ 8
P2P&C Swap ______________________________________________________________________________ 8
Swap Limit Options _________________________________________________________________________ 9
Fees _____________________________________________________________________________________ 9
Fee Breakdown __________________________________________________________________________ 9
Gas Costs _________________________________________________________________________________ 9
Gas Limit _______________________________________________________________________________ 10
SCALABILITY ______________________________________________________________________________ 10
Licensing Strategy ________________________________________________________________________ 10
Smart Bridge ____________________________________________________________________________ 10
SMART Tokenomics ___________________________________________________________________________ 11
Supply ___________________________________________________________________________________ 11
SMART Price ______________________________________________________________________________ 12
Dumper Shield _____________________________________________________________________________ 12
Minting___________________________________________________________________________________ 12
Flexible 10% APY Staking ____________________________________________________________________ 13
Liquidity Fountains __________________________________________________________________________ 13
Double down ____________________________________________________________________________ 13
PDOs ____________________________________________________________________________________ 14
PDO terms ______________________________________________________________________________ 14
Fundraising Allocation _____________________________________________________________________ 14
Scarcity __________________________________________________________________________________ 15
New Communities ____________________________________________________________________________ 15
SmartSwap.Exchange is the world's first smart decentralized exchange (SDEX) which provides one-click
slippage-free cross-chain swaps in a simple layer. The layer decentralizes access to all CEX (Centralize
exchanges) and OTC (Over-the-counter) market participants. The best way to think of SDEX is like PayPal
creating a simple layer on top of banks to send and receive funds with one-click to cell phones and emails.

SmartSwap is a subsidiary organization of the Atom Foundation, creators of the patent-pending cross-chain
and a zero volatility solution. Founded in 2020, the Atom Foundation (Atom) acquired bSWAP, the first
Binance Smart Chain AMM and decentralized IDO platform, and created Jointer.io, the world’s first
Commercial Real Estate DeFi protocol, along with many more DeFi projects.

SmartSwap was created out of Atom Foundation’s need to provide users a platform that could support stable
and decentralized zero slippage, value locked trading. Early in the development of Atom’s DeFi economy,
and in partnership with Nobel Prize winners and world-class experts, Atom realized how important this tech
is to the industry. What started as a solution for Jointer soon morphed into an independent entity within the
Atom Foundation’s DeFi Economy. A truly stable swap that allows for zero volatility and zero slippage has a
wide array of uses and benefits to the entire cryptocurrency community.

SmartSwap allows users to swap tokens through Peer-to-Contract (P2C), Peer-to-Contract and Group
(P2P&C), and Peer-to-Peer (P2P) trading technology built in a blockchain agnostic fashion. The trustless
SmartSwap provides a way to swap assets and currencies without sign-ups or centralized entities, all while
guaranteeing an exact face value match.

SmartSwap's asset-to-asset swaps are precise trades based on reliable average market prices. The
mechanism is 100% decentralized, does not require any deposits, hot wallets, custodial, wraps, or
side-chain. It’s completely free with 100% reimbursement of fees and gas.¹

Zero Volatility Swap Platform

Smartswap’s contract utilizes a zero volatility patent pending method which prevents slippage and wholly
reimburses users fees and gas costs. The swap works by letting users choose a token they want to swap
(Token A) and then select a receiving token (Token B). Unlike a Decentralized Exchange (DEX), Automated
Market Maker (AMM), or Centralized Exchange (CEX), SmartSwap asks users the USDT face value of the
tokens they want to swap, rather than the token amount they want to receive.

¹ All fees and gas are reimbursed with the SMART token

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Subsequently, with SmartSwap users do not choose the value of Token A or how many Token B tokens they
want to receive. Instead, SmartSwap prices Token A and Token B based on the current average market price
between multiple reliable exchanges, all in one click.

Furthermore, when the user sends $1000 face value of Token A to receive Token B there is no possibility for
them to recieve $999 or $1001. SmartSwap executes the order with the exact same face value. In the case
of an unmatched swap (due to counterparty different order amount or market volatility) the SmartSwap
alters the order to receive less of tokens B in order to match the face value, or alternatively return any excess
to the user which it belongs.

Example 1

Bob wants to swap $1,000 of Token A with Token B.

SmartSwap executes the order and sends Bob exactly $1,000 of Token B.

Example 2

Bob wants to swap $1,000 of Token A with Token B.

At the time of the swap, only $500 worth of liquidity is available.
SmartSwap executes 50% of the order and sends Bob $500 of Token B.
The remainder of the $500 remains pending until liquidity is available.

Example 3

Bob wants to swap $1,000 of Token A with Token B.

At the time of the swap, only $500 worth of liquidity is available.
SmartSwap executes 50% of the order and sends Bob $500 of Token B.
The remainder of the $500 remains pending until liquidity is available.
After SmartSwap has more liquidity, the remaining $500 of Token A increases in value to $510.
SmartSwap executes the order, sending Bob $510 of Token B.

One-Click Cross-Chain

SmartSwap utilizes technology that allows cross-chain swaps between two assets without validator risk,
wrapping, or side-chain utilization. The cross-chain swap is a true one-click swap between blockchain
networks. The cross-chain swap has the ability to act like a bridge between blockchain networks based
smart contracts such as Ethereum.

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At the moment, SmartSwap supports swaps between BNB <> ETH and ERC20<>BEP20. SmartSwap
capabilities present the first one-click swap that is not considered an atomic swap or reliant on time-locked
swaps.

The technology capabilities grow as more blockchains are added such as Casper, Tezos, Tron, HOLO,
Ontology, ALGO, Polkadot, etc.

Two-click Bitcoin Cross-chain

SmartSwap technology provides a decentralized swap between smart contract based blockchains such as
ETH and BNB to non-smart contract based blockchains such as BTC and BCH. The process allows users to
send orders to the SmartSwap without knowing who the counterparty is and without any time pressure to
claim the order. The process requires two clicks to swap, one click to approve and the second click to swap.
When the order is fulfilled (or partially fulfilled) the transaction to transfer BTC to the user's wallet is sent
automatically.

FLASH Swap

Unlike AMMs, like Uniswap and PancakeSwap, SmartSwap does not require large amounts of parked
liquidity. Every time the pool changes in ratio (for example from 50%/50% to 80%/20%), the SmartSwap’s
contract triggers a FLASH swap² to liquidity providers such as CEX and OTC, to refill the liquidity fountain.
Providing the fountains with the large amount of liquidity on CEX and OTC.

DECENTRALIZED CeFi <> DeFi BRIDGE

SmartSwap allows users to enjoy access to CEX liquidity without signing up to CEX, doing time=consuming
KYC on multiple platforms, or dealing with any order book volatility. SmartSwap provides a true bridge
between CeFi and DeFi with one simple click.

Simple OTC Access

SmartSwap’s FLASH swaps also present an opportunity for OTC to utilize the bridge to access whole market
liquidity. Investors can place big orders on the SmartSwap using self-custody wallets. OTC liquidity is
triggered once the swap order has searched for liquidity through the Peer-to-Peer and Peer-to-Contract
processes.

² Sending and receiving orders in the same transaction using the SmartSwap P2P process outlined below

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OTC SmartSwap Liquidity Process

User initiates a swap order

SmartSwap searches for a counterparty (Peer-to-Peer)
If there is not enough liquidity, the swap order automatically triggers the liquidity fountain
(Peer-to-contract)
If a counterparty is not found and there is not enough liquidity in the Peer-to-Contact pool, the swap
order automatically triggers a flash swap with OTC to rebalance the pool

SWAPPING PROCESS

SmartSwap processes the swaps based on different methods and priority solutions. As a default the
SmartSwap will swap first between two users since with such swap each counterparty will cover only the
send gas cost (instead of send and receive) which will be the cheaper solution for both sides. In case there is
no counterparty, the SmartSwap will swap the order with a liquidy pool as P2C (Peer-to-Contract), and in
case that that contract has not enough liquidity the SmartSwap will execute the order partially, and leftovers
will become pending as P2G (Peer-to-Group) which mean either the contract will be rebalance by new
counterparties or liquidity providers (such CEX or OTC) and the total swap will be completed by group of
transactions.

P2P Swap
P2P has two distinct processes. First, SmartSwap defaults to the P2P swap to check if there is someone that
wants to swap against the order placed.

Second, SmartSwap P2P allows users to generate a transaction ID that can be sent directly to a specific
person they want to swap with. The transaction ID is created and the users send their digital assets to that
transaction ID.

Once the swap takes place, SmartSwap swaps for the same face value. If there is any delta it will be returned
to the appropriate party.³ One of the best use cases for P2P is for users wanting to swap their assets with a
specific person or those wanting to swap assets that comply with regulations such as security tokens.⁴

The P2P swap ensures same face value swapping between two parties.

³ Users can also select to only receive the same face value (Outlined in Swap Limit Option below)
⁴ SmartSwap uses the P2P process to execute FLASH Swaps with CEX and OTC

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Example

Bob wants to swap $1,000 of Token A with $1,000 of Token B.

Bob sends his order to SmartSwap and generates a transaction ID.
Bob shares that transaction ID with Lisa.
Lisa sends $500 of Token B to SmartSwap transaction ID.
Since Lisa only sent $500 of Token B against Bob’s $1,000 of Token A, the SmartSwap will execute the
order of $500 of Token A against $500 of Token B.
Then the SmartSwap detects the value discrepancy between Token A and Token B, returning the $500
of Token A delta to Bob’s wallet.

P2C Swap

SmartSwap creates a liquidity fountain with locked LP funds, executing P2C (Peer-to-Contract) swaps. The
liquidity fountain executes swap orders when there is no counter party. Users that provide liquidity receive
spread + SMART rewards in both native tokens and major cryptocurrencies like BNB or ETH.

P2P&C Swap

If the liquidity contract does not have enough liquidity, the swap turns into a P2P&C swap, which means the
swap partially executes and the rest remains pending until the contract rebalances itself through
counterparties or liquidity providers (CEX or OTC) using a CeFi gateway that acts as a decentralized FLASH
Swap.

SmartSwap utilizes the Peer-to-Contract and Group (P2P&C) to search for as many counterparties as needed
to cover the full face value of the transaction.

First, a partial swap is completed while the rest of the funds remain pending until additional swaps are
executed. The face value of the swap is determined during the actual swap and therefore users do not need
to update the swap order when it’s pending. Users with pending swaps are allowed to cancel the outstanding
portion of the swap and receive a refund covering the outstanding amount to the origin wallet.

Users will have the option to set gas limits and pairing limits. The pairing limits limit the number of
counterparties in a P2P&C swap since each successful swap requires gas, multiplying the final gas cost. By
selecting less counterparties, users can further reduce these costs.

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Example

Bob wants to swap $1,000 of Token A for $1,000 of Token B.

Bob sends his order to SmartSwap and SmartSwap immediately identifies one counterparty that wants
to swap $500 of Token B against Bob’s Token A.
In this case, Bob receives the first $500 of Token B and the rest of the $500 in Token A is executed by
P2C (peer-to-contract) or remains pending until counterparties or liquidity providers (CEX or ORC)
rebalance the contract.

Swap Limit Options

Users have the ability to control how their swap executes through the platform. They can choose to swap the
same market value at the time of swapping or the same sent value. Providing users with more control over
their swaps.

Fees

Fees are incurred for successful swaps on SmartSwap and are 100% reimbursed with the SMART token. The
total fee is 0.30%.

Fee Breakdown

80% 20%
is utilized to buyback SMART while adding 20% goes to the Atom Foundation maintenance
liquidity to the market by rewarding users for and to market the swap
swapping

Gas Costs

A huge barrier to DeFi trading is high gas costs. On certain blockchains these costs will drive users to the
cross-chain swap in order to move from a high fee blockchain to a low fee blockchain.

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In order to encourage these types of swaps, SMART is distributed to reimburse 100% of the fees and gas
costs incurred when utilizing SmartSwap.

Gas Limit

Users will have the option to set gas limits and pairing limits. The pairing limits limit the number of
counterparties in a P2P&C swap since each successful swap requires gas, multiplying the final gas cost. By
selecting less counterparties, users can further reduce these costs.

SCALABILITY

Licensing Strategy

SmartSwap is patented due to the risk of SDEX owners utilizing the technology to hurt traders. Therefore,
Atom Foundation will allow free licenses to anyone with their own branding, protecting the technology and
the SmartSwap network. Further, projects can add swap fees and reimburse users with their native token.
The main idea behind the licensing strategy is long-tail to grow traffic and liquidity, creating mutually
beneficial interoperability between everyone.

Smart Bridge

Smart helps dApps on BSC or other blockchains instantly increase interoperability by welcoming investment
funds from any blockchain, starting with Ethereum. This means that users can deploy funds with currency A
but projects receive currency B.

The dApp bridge solution helps allow projects to host their contract on their preferred blockchain without
worrying about losing out on opportunities from more popular chains.

The bridge is already implemented successfully on Jointer.io and the next implementation is on the bSWAP
IDO platform.

Example

Jointer’s DeFi Auction is built on Binance Smart Chain due to low gas costs on the 52 smart contracts
that govern the dAPP
Utilizing SmartSwap Jointer is able to accept BNB or Ethereum to the dApp yet always receives BNB

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SMART Tokenomics
SMART’s mission is to become a sustainable DAO that provides much needed zero-volatility cross-chains in
a blockchain agnostic fashion to the cryptocurrency community.

Supply

In order to facilitate sustainable DAO design, SMART’s supply functions encourage users to utilize the
platform through rewards while only minting if an equal value asset is presented to the community.

The SMART supply does not include a SEED sale, allocate a team supply, and focuses solely on rebuilding
and adding value to the ecosystem through liquidity and a CEX listing of both SmartSwap and the SMART
token.

Total pre-mint

1 ,9 0 6 ,1 4 5 ,0 0 0

Pre-mint allocation

403,917,808 Pre-sale⁵ 381,229,000

Router
403,917,808 Public pre-sale 403,917,808
201,958,904 PDO 1 Short term Pre-sale
213,886,685
Staking Rewards
253,974,521 PDO 2 Long term
1,500,000 Initial pools
213,886,685 Staking Rewards 1,500,000
403,917,808
Initial pools
381,229,000 Router Public pre-sale

0 Treasury 253,974,521
PDO 2 Long term 201,958,904
0 Team and founders PDO 1 Short term

⁵ The public and VCs receive the exact same terms

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SMART Price

Baseline IEO and pre-sale price: Listing price exchanges and PDO:

$0.01 $0.02>

Dumper Shield

Traditionally, those who receive tokens at a discount have hurt communities through selling tokens at a
discount, aka “dumping” tokens on the community. This outcome is unacceptable to the creators of
SmartSwap so a Dumper Shield was developed.

The Dumper Shield allows investors access to sell or trade their tokens through a gateway. The tokens
behind the Dumper Shield cannot ever be sold below the average market value. Investors can sell their
tokens at or above the average market value only. The gateway swaps the tokens using SmartSwap and
AMMs.

If an investor wants to sell the tokens for a discount, there is a built in OTC solution behind the Dumper
Shield. The OTC transactions do not affect the tokens value in pools or on exchanges.

The SmartSwap Dumper Shield is active for 365 days after the lock period and is votable within the DAO to
decrease or increase.

Minting

SMART includes same face value minting based on equal value being added to the ecosystem in the form of
swap fees.

The minting is meant to encourage platform use through the “Buyback and Reward” DAO functionality.

⁶ Users can enjoy from flexible staking only when SMART is not staking in other staking contracts

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Flexible 10% APY Staking

In order to incentivize users to hold SMART, Atom Foundation implemented the flexible DeFi staking⁶
contract directly into the token. This allows SMART to provide flexible staking rewards without having users
lock the token on an external smart contract. Staking rewards are paid every Binance Smart Chain block,
ranging in time from approximately 3-5 seconds, simply by holding tokens in their wallet users will receive
more SMART. The initial APY is 10% but can be changed by a votable percentage.

NB. Any token sent to the flexible 10% APY staking contract (which is
0x0000000000000000000000000000000000000001 address) is not controlled by a private key.
Therefore, it is considered a burned token and cannot be recovered for trading without the staking smart
contract (not even through voting).

Liquidity Fountains

SmartSwap LP providers can lock funds in the liquidity fountains and enjoy rewards in SMART tokens plus a
spread. The rewards dispersed correspond to the pairs in which the LP is provided. This means every time
SmartSwap performs a FLASH swap to rebalance the pool, it picks the best liquidity providers available. As a
result, a spread in the liquidity pool belongs to the LP owners.

Example

Let's say Bob provides liquidity to the SMART / BNB pair and receives an LP token.
Bob will receive the spread in SMART / BNB plus extra SMART tokens.

Double down

SmartSwap LP providers that lock their assets by pooling a pair with SMART also enjoy from the 10% flexible
staking reward in addition to the expanded LP reward structure.

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PDOs

In order to provide the SMART community with liquidity and trading options, SMART will launch PDOs on
bSWAP (bscswap.com). 100% of the funds raised from the PDO will automatically transfer to the SMART
liquidity pool to support liquidity and growth, no funds will go to the developing team or founders.

PDO price follows the market thus protecting the community as well as allowing the final amount invested
into the pools to grow based on the remaining supply.

PDO terms

PDOs will launch a minimum of two weeks after the public pre-sale

Short term Long term

Price: Price:
Starts at $0.02 and follows the current price of Starts at $0.02 and follows the current price of
SMART on bscswap.com⁷ SMART on bscswap.com

Rewards: Rewards:
413.53% APY Bonus 824.82% APY Bonus

Lock period: Lock period:

90 days locked staking 365 days locked staking

Fundraising allocation

100%
of PDO fundraising goes to pools

⁷ When the SMART value goes up or down, the Fixed sale offers SMART at the same current value

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Scarcity

Since all SMART tokens from pre-sell or PDO will be locked for a minimum of 90 days and since no one (not
even founders) has SMART available the pools will be utilized to buy and redeem SMART.We predict that
SMART’s listing price ($0.02) will go up during those 90 days.

New Communities
Stay in touch with the SmartSwap devs and the whole SmartSwap community.

Telegram Discord Twitter Reddit

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