DogeSwap
  • Welcome
    • 🐕About DogeSwap
    • 🔗Links
    • ❓FAQ
  • How it works
    • 🐶Swap
    • ⚖️Arbitrage
    • 💲Fees
    • 🐇Deep Dive
  • Liquidity Providing
    • 💧How to provide liquidity ?
    • 🐟Why provide liquidity ?
    • ⚠️What are the risks ?
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  1. How it works

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Last updated 2 years ago

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The DogeSwap structure is similar to traditional DeFi LP pool structures in the way that users are able to provide liquidity of both assets to the pool in exchange for a percentage of fee income generated.

The DogeSwap pool will of course allow holders to efficiently transition between the same project assets, buy Doges with DAWG tokens, and vice versa.

Buy, Sell, Swap.

Users of DogeSwap will pay a 0.5% fee for using the liquidity pool. Those that provided the liquidity are rewarded the fee, each wallet receiving:

Percentage % of fees earn per swap = Percentage % of total liquidity provided

In the DogeSwap pool model, the value of a Doge Capital NFT is directly collateralized by DAWG tokens.

Not only does this encourage efficient pricing of both assets, but it also incentivizes buying pressure on both as well. If someone wants to purchase our NFT to access community perks, they'll probably must buy DAWG tokens in order to use the pool & get the best price.

🐶