Padawans!
We are excited to announce the return of Jediswap with concentrated liquidity, full audits, points, and incentives. Check it out at
https://t.co/xNWmdS98Yw

Since our last update two months ago, we have been working hard on a fresh new version of Jediswap, focused on bringing capital efficiency and the best price execution to our users. After two months of dedicated efforts, a full audit by @NethermindStark , and passing rigorous security tests, we are excited to announce the launch of Jediswap v2.

Jediswap v2 significantly enhances user experience and performance while introducing new features and surprises. Our commitment to community and user growth remains strong, and we have exciting plans to expand the Jediswap ecosystem. Take a look at key updates coming with the launch.

A points system that empowers genuine, loyal users:
Jediswap's origins go back to early 2020 when we started our journey not as a product but as a community known as the Mesh community. Our mission was clear: bring Open Finance to billions of people. Recognising the strength of community-driven efforts, we understood that collective belief and collaboration, rather than individual or corporate endeavours, would be the most effective path forward.

Early loyal users are the most crucial pillars of any community and product. This point system is Jediswap’s first step in recognising and rewarding the value each user has added to the protocol.
We have prepared separate point systems for liquidity providers and traders. In short, as an LP, you can maximise your points by earning more fees on your LP positions and maintaining your liquidity in Jediswap over the long term. You can check out the complete math behind points here.

For traders, use Jediswap when you genuinely need to swap tokens. There is no need to do any wash trading.

We have published the points system for Jediswap v2 and will soon release points for all the activity that has occurred on Jediswap v1 to date with a boost.
Check out the points logic on our docs: https://t.co/w40q3I73DO

Improved performance and user experience:
We have significantly enhanced Jediswap's performance, making it faster and more user-friendly. One notable improvement is the integration of pool analytics directly within the Pool page, eliminating the need for users to navigate to a separate analytics page. Additionally, balance fetching has been optimised for smoother operation. Any liquidity added to pools now updates the My Positions page in real-time.

Battle-tested security
For this launch, we implemented several security measures. We underwent a rigorous 7-week audit process with Nethermind. With the help of the Nethermind team, we also created a test framework for Jediswap to compare security against Uniswap v3, which has been operational for 3+ years and is one of the most battle-tested smart contracts available. We simulated real data from different Uniswap v3 pools on Jediswap. We achieved a 100% match in the contract state after each on-chain action, such as swaps and liquidity adjustments, bolstering our confidence in our code's security.

We will announce many cool things over the next few weeks. Keep an out @JediSwap ;)

Mint a Galxe NFT:
To commemorate this launch, we have published a new campaign on @Galxe, which rewards users with an NFT for being an early user of Jediswap v2.

To earn the Galxe NFT, add at least $25 worth of liquidity to one of the pools listed in the Galxe quest.

https://t.co/zuSFb98jnN