SMXSwap — an AMM/DEX solution, powered by and for the Stronghands Money protocol. Stronghands Money is a protocol, designed to implement DeFi and community focused applications, services and smart contracts. This creates a profitable platform for all participants.
SMXSwap offers Cronos Mainnet users the opportunity to earn SMX, the platform's deflationary token, to distribute the supply. Use cases for the token will be developed in the future, but for now, enjoy these pools that run for 365 days!
Users will have confidence in the platform’s ability to serve as a safe and secure place to store, exchange and stake tokens on the Cronos mainnet.
In order to increase the sustainability of the protocol, Stronghands Money is focusing on creating contracts and applications to increase SMX burning and reallocate trading fees to areas that improve the protocol.
SMXSwap, the protocol's own AMM/DEX (forked from the Uniswap V2 frontend and PancakeSwap contracts), collects only 0.2% of each trade that is passed to the protocol's Fee Manager contract. The paid manager handles the splitting of LP tokens and the distribution of tokens through other mechanisms in the Stronghands ecosystem.
The protocol will help to collect value through an ERC20 token, called "SMX". The offer starts from 1 million tokens. All Stronghands Money mechanisms focus on burning SMX and remortgaging pair capital.