> For the complete documentation index, see [llms.txt](https://docs.ashswap.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ashswap.io/getting-started/understand-ashswap.md).

# Understand AshSwap

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AshSwap is the pioneer Stable-swap AMM DEX and Auto-Concentrated Liquidity on the MultiversX blockchain.

Robust and decentralized financial infrastructure is inevitably needed for an ecosystem of decentralized applications to thrive. AshSwap aims to become a financial layer powering development on MultiversX Network.

The current AshSwap version features AMM liquidity pools powered by Stable-swap and Concentrated Liquidity algorithms. The next version will transform AshSwap into a powerful exchange providing various trading products.

Our available features:

* Swap
  * Legacy Swap
  * Aggregator Swap with Dynamic Trade Routing
* Liquidity Provision
* Liquidity Stake - Farming
* AshDAO - Governance
  * Governance Stake
  * Farm Boost
  * Farm Weight Voting
  * Proposal Voting
  * Bribe

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