Huckleberry — an AMM DEX cross-chain and lending platform, based on Moonriver and CLV. Everything being done is driven by the community, allowing all users to have their say on the future direction of the DEX platform and lending.
Brief description of Huckleberry
Huckleberry is built on Moonriver and CLV and uses Wanchain decentralized cross bridges. Trade tokens with a cross-chain exchange with an automated market maker (AMM).
Technically, $FINN is a reflection token, which means that the percentage of each $FINN transaction is automatically distributed among all $FINN holders in proportion to their holdings. Passive Sailin is currently set to 0%, which means the feature is currently disabled. It can be re-enabled with a control vote.
Invest LP tokens in Rivers and earn $FINN in return. Bet $FINN to get $TOM. As the $FINN pool, backing $TOM, continues to grow thanks to Passive Sailin, Huckleberry DEX Fee Share and Thatcher Reservoir Lending Protocol Fee Share, $TOM is worth more and more $FINN tokens every day.
The liquidity, provided to the exchange, comes from Liquidity Providers (“LPs”) who stake pairs of tokens as liquidity. In return, they receive HBLP (Huckleberry Liquidity Provider) tokens, which can also be invested in Rivers to earn $FINN tokens.
When anyone makes an exchange for Huckleberry, the protocol charges a 0.3% trading fee, which is distributed as follows:
| 0,25% | paid to liquidity providers. |
| 0,05% | sent to Tom's House and distributed to all $TOM holders. |
$TOM — the main betting mechanism on Huckleberry. When you wager $FINN, your $FINNs are put into the pool and you receive $TOM as a receipt representing your portion of the $FINN pool.
Terms of Use
As with all blockchains, Moonriver requires all users to have their own $MOVR tokens in order to pay for gas and purchase other tokens. The best wallet to use - Metamask. $MOVR is available on many major crypto exchanges such as Binance, Kucoin and Kraken. Using the Wanchain bridges, you can bring a variety of tokens to Moonriver, including: $BTC, $ETH, $AVAX, $XRP, $LTC, $WAN, $DOT, $FTM and $BNB. Now that you have $MOVR in your wallet, you are ready to travel Huckleberry.