Yeti Swap (YTI) is a decentralized exchange (DeX) and non-fungible token (NFT) marketplace that operates on Avalanche blockchain. The YetiSwap platform utilizes the same automated market-making (AMM) model as Uniswap. YetiSwap is the NFT marketplace offering royalties on Avalanche network that benefits both NFT artists and collection owners1.

As per its whitepaper, YetiSwap can finalize trades swiftly and cheaply. YetiSwap, being built on the Avalanche network, allows users to swap assets while enjoying sub-second transaction finality and low transaction fees. Additionally, the YetiSwap platform features the NFT marketplace where users can trade NFT collections that have been allowed and verified in the YetiSwap NFT market. The platform also allows users to produce their own NFTs, trade them on the market, and collect royalty. The platform allows holders to choose the royalties between zero and fifteen percent. YetiSwap also attributes a special summer NFT collection that includes three hundred NFTs, six different characters, and three different colors.

YTI is the native governance token of the YetiSwap platform. YTI operates on the ARC20 token standard of Avalanche chain. ARC20 is an ERC20 token standard that wraps an underlying Avalanche native token.

YetiSwap platform was launched in February 2021. According to the official roadmap, the platform seeks to add additional functions to its NFT marketplace such as artist verification, like and follow feature, a detailed statistics page, including detailed information for collection, and many more. The YetiSwap platform also intends to launch an NFT Farm, New UI/UX (User Interface and experience) enabled design, an exchange that supports C-Chain, and the development of platform governance soon. YTI token has a maximum supply of 556,000,000 tokens.

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