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Exchange

Key Features

  • Exchange Operations: Users can buy or sell tokens in exchange for USDU, facilitating a versatile token exchange ecosystem.

  • Liquidity Pools: Supports initializing liquidity pools for token exchange and querying pool liquidity.

  • Staking: Users can stake tokens along with USDU to participate in liquidity provision and earn rewards.

  • Configuration: Allows setting specific token IDs for USDU and Unit tokens, crucial for identifying the tokens within the platform.

Unlocking Economic Potential: Overview

In the vibrant ecosystem of Unit Network, every token holds the power to establish its own decentralized exchange (DEX), fostering a thriving economy wherein communities can collectively determine fair market prices based on demand. Here's an insightful overview:

Decentralized Exchange Dynamics:

Integration of decentralized exchanges (DEXs) empowers each token on Unit Network to establish an economy by facilitating transparent and community-driven trading.

Leveraging the Automated Market Maker (AMM) protocol, similar to renowned projects like Uniswap, SushiSwap, and PancakeSwap, DEXs ensure efficient and seamless trading experiences.

Liquidity Empowerment:

DEXs play a pivotal role in empowering projects and tokens with low liquidity by providing a platform to create markets for buying, selling, and staking.

Offering a viable alternative to centralized order-book exchanges such as Binance, DEXs democratize listing opportunities, making them accessible even to small-scale token projects.

Exchange Fee Structure:

Each exchange within Unit Network features a USDU pairing and imposes a 2% fee on every trade, distributed across four channels:

0.5% directed towards the UNIT Treasury.

0.5% allocated to the user who referred the exchanger.

0.5% contributed to the liquidity pool.

0.5% allocated to the Treasury of the respective token being exchanged.

This dynamic fee structure fosters liquidity and sustainability within the ecosystem while incentivizing user participation and engagement across Unit Network's decentralized exchanges.