Decoswap (decentralized collateral swaps) is a Decentralized Finance (DeFi) protocol to ensure liquidity for real-world assets. This design has several components to ensure all participants gain access to liquidity. There is a tokenization part, a liquidity provision part, and a Decentralized Exchange (DEX) part. The DEX by using an Automated Market Maker (AMM) guarantees liquidity. In v1 it implements a continuous liquidity model to swap stUSDC (staked USDC) for USDC. In v2, this will be extended to concentrated liquidity. The DEX is based on Stableswap from Curve v1 as the stUSDC and USDC is traded on a one to one basis. Benefits to RWA owners are with a new stablecoin called the DECO. This is minted to the same value as the held liquidity against the RWA. There is also a utility token called the Decentralized Staking Organization (DSO) token used for governance.