> For the complete documentation index, see [llms.txt](https://docs.ubeswap.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ubeswap.org/code-contracts/overview/exchange-v2.md).

# Exchange V2

This article goes over the deployed V2 contracts at <https://github.com/Ubeswap/ubeswap/tree/master/contracts/uniswapv2>, which consists of:

* UniswapV2Factory: internal contract that creates trading pairs
* UniswapV2Router02: router that connects to the frontend to safely make trades

## Diffs

Contracts has been forked from SushiSwap codebase.  Below are diffs between Sushiswap and Ubeswap:

Diff: <https://gist.github.com/macalinao/2ca9a77e221643061465df04a1872507>

### Deployment process

1. The [solidity-create2-deployer](https://github.com/Ubeswap/solidity-create2-deployer) was deployed at `0x4a27c059FD7E383854Ea7DE6Be9c390a795f6eE3` using [this script](https://github.com/Ubeswap/celo-utility-contracts/blob/d8c9af828939ff2f2361a2b36fda326b1d6acb1d/tasks/deploy-create2.ts).
2. Ubeswap was deployed at commit [`a88cca4007e57586a19ccfee3a0968dfbab5c736`](https://github.com/Ubeswap/ubeswap/tree/a88cca4007e57586a19ccfee3a0968dfbab5c736) using the following commands:
   1. `yarn build` to build the contracts
   2. `yarn hardhat deploy --network mainnet --step exchange` to deploy the initial exchange
      1. The deployer address was used as the `feeToSetter` of the factory. This will later be migrated to a smart contract. This is the only centralized part of the protocol.
      2. see <https://github.com/Ubeswap/ubeswap/blob/a88cca4007e57586a19ccfee3a0968dfbab5c736/tasks/deploy/001_exchange.ts> for full details
   3. `yarn hardhat deploy --network mainnet --step liquidity` to seed the initial liquidity pool of CELO/cUSD
      1. see <https://github.com/Ubeswap/ubeswap/blob/a88cca4007e57586a19ccfee3a0968dfbab5c736/tasks/deploy/002_liquidity.ts> for full details

### Other details

* There are **no proxy contracts** used in the entire system. This means that other than being able to set who the fees go to, **we have no control over user funds**.
* The code is a fork of Sushiswap, which is a fork of Uniswap. No code was added other than a helper view function to be able to get the pair address of a given set of tokens. The full diff and more information on what changed is available [here](https://github.com/Ubeswap/ubeswap/tree/master/contracts/uniswapv2).
* The deployer address is a normal wallet with a seed phrase. It is not stored on a hardware device. If the wallet's private key were to get compromised, the following could occur:
  * The `feeToSetter` could be set to a malicious party's address. However, they would only be able to obtain 0.05% of each swap. To get rid of the malicious party, the protocol would have to be fully migrated to a different deployment of the UniswapV2Factory. This would be very inconvenient, but no user funds would be at risk.
* **The contract implementation cannot be replaced.** There is no way to replace the UniswapV2Factory smart contract with a malicious implementation, as there is no self-destruct method and there is no way to overwrite the contract with a proxy.
* **When new contracts are deployed, they will not put funds of the Factory and Router at additional risk.**
  * Potential exploits in our yield farming and governance contracts will have exploits isolated to those contracts.
