Lizard — a honestly launched, decentralized trading platform with low fees and high transaction speeds, built on the Oasis Network. The team expects to become the number one DEX and be the front door for many innovative DeFi projects.
About Lizard
Trade between tokens with the Automated Market Maker Exchange (AMM). Stake LP tokens on farms and earn $LIZ and a share of the revenue from the protocol. Stake $LIZ tokens to earn more $LIZ tokens by sharing the generated revenue from the protocol. The LizardExchange token, $LIZ, is a governance token that also rewards its holders with a share of the exchange's earnings. The distribution of tokens follows a fixed supply and fading emission model. This makes it very easy to collect rewards in a sustainable way, all within one decentralized exchange.
There is also a reserve for future investors. This means that if the Lizard Exchange were to raise investor funds in the future, those investors would have entered after the launch of the token, not before.
When you make a token exchange on an exchange, you pay a trading fee of 0.3%:
| 0,1% | Paid to liquidity pools in the form of trading fees for liquidity providers. |
| 0,1% | Sent to support and redeem our $LIZ token. |
| 0,1% | Goes to support the maintenance and development of the Lizard Exchange, including development and marketing support. |
You don't need anything other than $LIZ to bet your $LIZ. In order to farm, you need to provide liquidity to one of the liquidity pools on the farm page and stake your LP tokens to get rewards.
More about defi app
Lizard Lair — the main betting engine on the Lizard Exchange. When you wager your $LIZ, you actually earn $LIZ for your $LIZ. Over time, you will earn more $LIZ than when you started. This is because there is a 0.1% fee, charged on every exchange on the Lizard Exchange to support the LIZ pool. This fee helps to redeem $LIZ tokens periodically. In order to get an income farm, you need to provide liquidity to one of the liquidity pools that you can find on the income farms page. After you add liquidity to the liquidity pool, you will receive a liquidity pool token (LP token) or, in the case of Lizard Exchange, Lizard-LP.