Dopple Finance is building the Stablecoin DeFi ecosystem on the Binance smart chain. The main product - a decentralized stablecoin exchange that allows users to exchange stablecoins and pegged assets on Binance's smart chain. Dopple currently supports the following stablecoins: BUSD, USDT, DAI, USDC, UST and DOLLY.
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Brief information about the Dopple Finance
Liquidity providers can receive trading fees in the form of stablecoins by providing capital to the underlying liquidity pools. Liquidity providers can also earn Dopple Token Rewards, farming LP tokens or betting Dopple tokens.
Dopple allows users to exchange stablecoins on Binance's smart chain, using the StableSwap algorithm, specially designed to optimize exchanges between stablecoins with minimal slippage and low transaction fees. When you exchange stablecoins for Dopple, you only pay a 0.045% trading fee (compared to 0.2% on PancakeSwap), which is distributed as follows:
| 0,018% | Returned to liquidity pools as a stablecoin reward for liquidity providers.< |
| 0,027% | Goes to the Dopple treasury. |
Liquidity providers get rewards in the form of trading commissions. Every time someone swaps on Dopple, the trader pays a commission of 0.045%, where 40% is evenly distributed among the liquidity providers and the remaining 60% goes to the Dopple treasury. When you add your stablecoins to the liquidity pool, you receive liquidity pool (LP) tokens. LP tokens can be withdrawn at any time, however they must be wagered to earn DOP.
Additional information
At the moment, there is no White Paper on the site. Instead, there is an orientation document and a RoadMap for 2021.
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