Guacamole is a DeFi platform based on the Solana blockchain. It offers unique opportunities for trading, earning, and participation in the ecosystem through its tokens $GUAC and $AVO.
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How does Guacamole work?
The platform decided to use a "Uniswap V2"-style protocol for implementation for several reasons:
- Guacamole offerings are ideal for launching new tokens. According to their observations, new tokens seeking to create a liquidity pool can significantly benefit from a less concentrated pool position, as actively presented on many other DEX.
- Guacamole's AMM provides an excellent starting point for upcoming "launchpad" features to help tokens and projects become more transparent in their offerings and provide traders with a better experience.
- Simplicity, once again, is key! The simplified AMM and liquidity pools allow everyone to easily interact and understand the protocol. There's no need to set ranges or worry about detailed specifications. Just choose your tokens, provide liquidity, or initiate a swap, and get started!
Standard AMM exchange fees will be set at 0.30%. These exchange fees are highly competitive compared to most other platforms and will help ensure liquidity providers can earn sufficient fees, and Guacamole participants are rewarded for their involvement.
Guacamole Tokens: $GUAC and $AVO
There will only be 2000 $AVO in total. These tokens will be burned after redemption in several cases.
| $GUAC | $AVO |
| A token based on Solana, with a community orientation and tokenomics. It all started with a meme and turned into something bigger. Official contract address: AZsHEMXd36Bj1EMNXhowJajpUXzrKcK57wW4ZGXVa7yR. | This token is used for multiple purposes within the $GUAC ecosystem. Official contract address: 2qWRRwrK9VGBKtJwfoN8Nn6ivCTTwDf4trkUBkE2inEn. Please note that the $AVO token has 0 decimal places and cannot be divided into fractions. |
The initial purpose of the $AVO token is to serve as a monetization mechanism for the AVOtar coin. This is the only usage that will NOT burn $AVO tokens. They will remain in circulation.
Guacamole is a unique platform that offers a simplified and intuitive blockchain trading interface for users of all levels. With its innovative features and integrations with partners, it provides a safe and efficient trading and earning experience on the Solana blockchain.