Crypto
Fintech
Crypto
Fintech
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Crypto
Fintech
Pact is a decentralized Automated Market Maker (AMM) protocol built on the Algorand blockchain. It revolutionizes liquidity for Algorand, aiming to become its liquidity cornerstone. ULAM took care of the end-to-end technical delivery.
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Backend development;Frontend development;Blockchain development;DevOps
2022
2023
2024
2024
Implementing rigorous testing procedures to ensure bug-free features.
Implementing rigorous testing procedures to ensure bug-free features.
Implementing rigorous testing procedures to ensure bug-free features.
Implementing rigorous testing procedures to ensure bug-free features.
Launched in February 2022 on the Algorand mainnet, Pact represented a significant advancement for the Algorand ecosystem, which had been limited to only one primary Automated Market Maker (AMM) protocol for swapping Algorand Standard Assets. Ulam Labs acted as the main technology provider, collaborating closely with the core Pact team to construct the entire technological solution from scratch. Our ongoing commitment involved not only the initial launch but also the continuous enhancement and maintenance of the platform.
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Users' funds are securely locked in smart contracts on the Algorand blockchain, with no administrative control by the Pact or Ulam Labs teams.
Utilizing Algorand's atomic swaps and ~4.5 second transaction times, Pact ensures nearly instantaneous transactions, bolstering platform security.
Designed with a mobile-first approach, Pact offers an intuitive interface, deep liquidity, and low transaction fees.
The Aeneas Liquidity Program, in collaboration with the Algorand Foundation, offers enhanced rewards for specific liquidity pools.
Pact is compatible with five popular Algorand wallets: Pera, My Algo, Fireblocks, AlgoSigner, and Defly.
Liquidity providers can earn fees ranging from 0.01% to 0.3% for most pairs, and up to 1% in certain cases.
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