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What is Complus?
Complus Network has a native governance token called COM and can buy and sell all tokens issued on all three chains. It offers three critically important benefits in a crowded marketplace with multiple competitors: Cheap and fast trades, community-driven development and a fair token distribution. Complus Network can conclude trades quickly and cheaply. It enables users to trade assets while enjoying sub-second transaction finality and transaction fees as low as a few cents. The native governance token, COM, enables the community to drive the development of the product in full. HOW DOES COMPLUS NETWORK DEX WORK? Complus Network DEX is an automated market making (AMM) decentralized exchange. In practical terms, this means that there are existing template smart contracts that define a standard way to make liquidity pools and related markets compatible with each other. Each pool is defined by a smart contract that includes various functions to enable swapping tokens, adding liquidity and more. When a user trades a 0.3% fee is charged on the trade. 0.25% of that trade goes back to the the LP pool. 0.05% of this fee is added to the Complus Stake pool in the form of COM-LP tokens for the relative pool where you can stake COM in exchange for a token xCOM that is appreciating in value from dividends.
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.
