The Swappery is the first cross-chain Decentralized Exchange (DEX), built for the Casper Network. Our platform will give thousands of Casper holders the opportunity to make great use of their Casper tokens. The Swappery ensures to further expand and improve the Casper Network ecosystem to be one of the leading in the industry.
Token Swaps are a simple way of trading one BEP-20/CSPR token for another. You can trade your CSPR tokens for SWPR tokens, for instance! These trades are done using our automated liquidity pools.
Note. When swapping (trading) your tokens you will pay a certain trading fee. More information can be found further down in this article.
What is a Liquidity Pool?
A liquidity pool is a crowdsourced pool of cryptocurrencies or tokens locked in a smart contract that is used to facilitate trades between the assets on a decentralized exchange (DEX). Instead of traditional markets of buyers and sellers, many decentralized finance (DeFi) platforms use automated market makers (AMMs), which allow digital assets to be traded in an automatic and permissionless manner through the use of liquidity pools.
When swapping (trading) your tokens, you will pay a 0,25% trading fee. This fee consists of the following:
0.17% — Returned to Liquidity Pools as a fee reward for liquidity providers.
0.03% — Sent to The Swappery Treasury.
0.05% — Sent towards SWPR buyback and burn.
This fee will be paid for in the native network coin. If the token is on the Casper Network it will be paid for in CSPR. If the token is on the Binance Smart Chain it will be paid for in BNB.
The first pairs
The Swappery will launch with four live pairs! The pairs can be seen in the image below.
The Swappery will launch on CasperPad, make sure to follow all the socials below to stay up-to-date with the latest!