Core Concept

We explain the core concepts of KLAYswap's smart contract structure, swap requests, and mining.

Smart Contract Structure

Types of contract:

• Factory Smart Contract

• Exchange Smart Contract

• FactoryView Smart Contract

• Governance Smart Contract

These contracts will be explained with detail later in the contract section of this book.

Swap Request

Positive Swap request

• Request swap with input token amount

Negative Swap

• Request swap with output token amount

Routing Swap

• Swap through multiple pool exchanges.

About Mining

mined

• Total mined KSP amount

miningIndex

• Mining reward Index for each liquidity pool.

mining rate

• Mining rate for each pool. (1~100, total sum of pools mining rate will be 100)

Calculating Claimable amount

• ( Current market index - last user index ) * ( user LP token amount )