Architecture

Auriswap is an on-chain decentralized exchange (DEX) system built on the Vanarchain blockchain, implementing an automated liquidity protocol that leverages the "constant product formula" to ensure efficient and continuous trading. The protocol is based on the same core principles of Uniswap V2 but optimized for Vanarchain’s high-performance capabilities. Each pair on Auriswap holds reserves of two tokens, ensuring that liquidity is maintained by keeping the product of the reserves constant, thereby facilitating trustless token swaps. Liquidity providers earn transaction fees in return for contributing to these reserves, while the non-custodial nature of the platform guarantees that users retain full control over their assets.

Auriswap introduces several notable enhancements to the traditional Uniswap V2 architecture. These include support for arbitrary token pairs between Vanarchain's native tokens and ERC-20-like assets, as well as the integration of Vanarchain's native fee structure, which significantly reduces gas costs for users. Auriswap’s architecture is designed to be modular and secure, ensuring that it can scale efficiently without compromising performance or security.

One of the key features of Auriswap’s architecture is its FIFO (First-In-First-Out) transaction processing system, which ensures that trades are processed fairly, without exposing users to front-running, miner extractable value (MEV), or sandwich attacks. This, along with advanced price oracles that calculate time-weighted average prices (TWAP) over specific intervals, allows for robust price discovery and accurate pricing mechanisms across different tokens.

The architecture consists of several core components, including the Factory contract, which is responsible for deploying new token pairs, the Pair contracts that manage liquidity pools and swaps, and the Router contract, which provides the interface through which users interact with the system. While Auriswap's core contracts are non-upgradeable to maintain system integrity, they are designed with flexibility in mind, reducing the attack surface by minimizing logic within liquidity-holding contracts.

This section provides a detailed breakdown of the key architectural components of Auriswap, including its smart contracts, transaction processing logic, liquidity pool mechanics, and security measures, ensuring a seamless, secure, and highly efficient decentralized trading experience on Vanarchain.