Comet Swap: A Collective‑Driven CLMM DEX for the Astar Ecosystem

Thank you for the support @you425 !

  • You mentioned that this is a CLMM DEX— which protocol is it forked from?

Our core CLMM design is based on a hybrid of Uniswap v3 and Uniswap v2, together with a custom router that can route swaps across both v3 and v2 pools to optimize execution and liquidity access.

For ASTR giveback, we use self-developed contracts with a non-rebasing mechanism for accounting and distribution. These contracts will be audited by reputable auditors ahead of mainnet.

  • You said that development costs will be covered by dApp Staking, but unless you make it into Tier 2, that seems quite challenging. With as many as 11 members involved, operational sustainability could become an issue. How are you thinking about this point?

A few clarifications:

  • Runway is not a major constraint for us - we have a non-crypto business and external funding that can support development and operations, especially in the early stages.
  • The team is aligned with ASTR’s long-term growth. We are ASTR holders ourselves, and our goal is to build in a way that strengthens ASTR rather than extracting value from the ecosystem.

dApp Staking is still an important part of the long-term model, but we’re not in a position where the project’s survival depends on immediately reaching Tier 2.

  • To attract liquidity, a meaningful APR is essential. However, as far as I understand, there is no native token and no point-based incentive mechanism either. How do you plan to attract liquidity under these conditions? (This might be partially addressed by collaborating with LSD projects.)

We agree that liquidity matters - especially early on. While we’re not using a new token or points program, we do have our plan to ensure baseline liquidity and facilitate basic trading demand with the help from ASTR supporters.

We do not see Comet Swap as another farm-dump-and-leave venue but a DEX to offer smooth and secure trading infrastructure on top of Astar L1 EVM.

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