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1. Introduction1.1 What is GIWATER?

What is GIWATER?


You are the Architect of this Ecosystem

GIWATER is more than an exchange; it is a foundation built by participation. Your assets act as a ‘Giwa’ (tile), stacking together to form the ‘TER’ (Ground). The collective synergy of these tiles creates the very surface where liquid trading occurs, returning value and governance power to those who built the ground.

In GIWATER, finance is no longer the domain of the few. It belongs to you—the one who contributes the tiles to this ecosystem.

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True decentralization is not finance orchestrated by a central authority. It is a living architecture where participants’ assets and strategic choices converge to facilitate an autonomous market.

What is GIWATER?

GIWATER is a Fixed-Supply ve(3,3) AMM DEX built on the GIWA Layer 2 blockchain.

Three core design principles:

  • Liquidity Dynamics: When participants contribute assets, the market functions.
  • Value Alignment: As the market operates, fees are generated and allocated to active governance participants based on their voting decisions.
  • Governance Empowerment: Participants lock tokens to obtain veTER, gaining the authority to direct the growth of specific liquidity pools.

This self-sustaining cycle where these three flows converge is GIWATER (The Ground of Tiles).

Key Terminology

We summarize key terms for those new to GIWATER.

DEX
Decentralized Exchange where trading occurs directly wallet-to-wallet without a central intermediary.
AMM
Automated Market Maker. A system where algorithms automatically determine prices.
Liquidity Pool
A smart contract with two tokens. Acts as the source for swaps.
LP (Liquidity Provider)
Participants who deposit tokens and receive swap fee rewards.
$TER
The native token of GIWATER. Fixed supply of 1 billion.
veTER
Voting tokens issued when $TER is locked.
Epoch
Reward distribution cycle (1 Epoch = 1 week).
ve(3,3)
Governance economic model combining locking + voting + rewards.
CLMM
Concentrated Liquidity MM. A liquidity method focused on specific price ranges.
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