SwapKing — a decentralized exchange with 100% profit sharing, trade mining and automatic combination of market makers.
Contents:
Description of the SwapKing project
SwapKing Swap allows users to swap any BEP-20 token for any other BEP-20 token through automated liquidity pools.
Some features:
| Swap fee 0,3% | When users make trades on the exchange, they pay a 0.3% swap fee. |
| 100% refund of swap fees | Users, trading on SwapKing, can receive a 100% exchange fee refund by trading mining. |
| Trading mining | When a trader completes a swap successfully, the appropriate number of platform tokens will be generated for him, in accordance with his swap fee. The developers refer to this process as the mining process by traders. The number of mined KING tokens depends on how many swap fees traders are consuming. |
Traders can use referrals and receive an additional 50% refund of the swap fee. 100% of the profits of the Swap King platform will be fully distributed among the holders of the KING platform token. Liquidity comes from liquidity providers (“LPs”) who place their tokens in “pools”. In return, they receive BLP tokens, which can also be put on the "Farm". For example, if the user deposits $ KING and $ BNB into the pool, he will receive KING-BNB LP tokens.
SwapKing KING platform tokens will be generated by traders. Part of the tokens will be generated and distributed among liquidity providers. The ratio of traders' tokens is 6: 1. The KING token, sent to liquidity providers, will have the formula: 20% * liquidity KING reward / 30,000. This means that it takes about 5 days to receive all KING liquidity rewards.
Additional information
At the moment, the site presents RoadMap with the next updates. The developers provide an introductory document and WhitePaper. Study them before you start playing.
If you want to stay up to date with all innovations, subscribe to the community on these social networks:
- twitter;
- telegram;
- blog.
You can also leave your e-mail address on the site to receive a newsletter with project news. The smart contract has not been audited.