SalmonSwap — a decentralized exchange that allows you to earn forever on TRON. SalmonSwap strives to balance the short-term and long-term interests of the community by providing long-term rewards to liquidity providers even as they withdraw their share from the liquidity pool.
Contents:
About SalmonSwap
With SalmonSwap, liquidity providers receive a prorated share of the trading fees, generated by each pool. However, unlike other AMM protocols, liquidity providers will continue to receive a share of trading fees even after they have withdrawn their liquidity.
Of this 0.3%, 0.25% will go to active liquidity providers, and the remaining 0.05% will be converted to SALMON (via Salmon Swap) and distributed to SALMON holders. This system ensures that early LPs continue to see long-term benefits even after they divest their assets.
Trading pairs:
- SAL/TRX LP;
- PEARL/TRX LP;
- TAI/TRX LP.
SALMON holders will have to bid on their tokens to benefit from a 0.05% fee sharing scheme. The reward will be proportional to the amount, wagered on the SALMON bet, compared to the total SALMON bet pool.
Some features:
| Firstly | To help with the migration of liquidity to Salmon Swap, the platform will be working with an initiative that sees the rates of various tokens. |
| Secondly | To ensure the long-term viability of the product and to support regular updates, 5% of all rewards will be allocated to the development fund. |
| Thirdly | Development funds will be used to implement functions in the community and meet the needs of their users. |
Developers will only transfer Salmon tokens to dedicated pools, all other tokens will be locked until minted. Anyone can control the balance of tokens in the agreement.
Additional information
At the moment, White Paper and RoadMap are not available on the site. However, you can study the project in more detail on the Medium blog. There are articles, related to the development of the platform.
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The smart contract doesn’t have an audit.