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What is Honeyswap?
Honeyswap is a decentralized exchange built on the xDai Chain, this enables users to experience fast and secure transactions with incredibly low fees. Multiple tokens are available with which you can swap and add liquidity. 1Hive and Honeyswap are integrated, 0.05% of the collected fees on the exchange are used to buy the honey token and deposit it to the common pool, so as the exchange's volume increases, buy pressure on honey increases as well as the responsibility of honey holders to allocate tokens in a productive manner through the DAO's governance.
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.
