CheeseSwap — a decentralized exchange, powered by the Binance Smart Chain, with many other features that allow you to earn and win tokens. It's fast, cheap and anyone can use it.
Contents:
CheeseSwap functions
First of all, CheeseSwap provides trading. The exchange is an Automated Market Maker (“AMM”) that allows two tokens to be exchanged on the Binance smart chain. In addition, you can earn PIZZA token and many more with farms, earn PIZZA with stakes and earn even more tokens with smart pools.
The liquidity comes from liquidity providers who place their tokens in “pools”. They receive Cheese LP tokens, which can also help to earn PIZZA tokens on the farm.
When you make an exchange of tokens (trade) on the exchange, you will be charged a trading fee of 0.2%, which is distributed as follows:
- 0.17% - comes back to liquidity pools in the form of remuneration to liquidity providers.
- 0.03% - goes to the Cheese Swap treasury.
Smart Pools enable Binance Smart Chain projects to kick off adoption by distributing a portion of their tokens to PIZZA token holders.
Smart Pool is divided into two parts: Core and Community:
1 | Core will be initially selected by the Cheese Swap team. |
2 | Community - projects that are voted on by the community on the management portal. Please note that any project will be able to distribute tokens through the Smart Pool, but only those projects that won the vote will be in the swap interface as the default option. |
Since Cheese Swap has appeared in the fairest way possible, Smart Pool projects will allow projects to gain market attention by issuing tokens to the largest (and most active) BSC community. Projects will also receive an immediate default listing on the Cheese Swap interface, gaining priority promotion on the exchange (temporarily ranking # 1 on the website for token selection).
What else should you know?
There is a separate introductory document on the site. It provides answers to questions, as well as a description of the project.
From social networks, the community leads:
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