LDOGSswap

Overview of DABswap (Coming Q3 2024)

Introduction

LDOGSswap is the Dabcat Ecosystem's Decentralized Exchange (DEX). Swap popular assets on the Base Blockchain without complex routes or multiple steps. Deposit tokens for trading in liquidity pools to yield passive rewards for providing liquidity to the network and enabling seamless trading. Trade from your wallet of choice, including Metamask, Phantom, Coinbase Wallet, WalletConnect, Trust, Argent and more.

Low Fees

Swap assets across the Base Network with minimal slippage and significantly less fees than other blockchains like Ethereum. LDOGSswap offers competitive trading fees, which are substantially lower than other popular centralized and decentralized exchanges, making it affordable and efficient.

Liquidity Pools

LDOGSswap's liquidity pools allow users to provide liquidity, and in exchange, they receive DLP tokens (LDOGSswap Liquidity Provider tokens) as proof of their contribution. For example, when a user deposits $LDOGS and $ETH into a pool, they receive LDOGS-ETH LP tokens. When liquidity is added to a pool, liquidity tokens are minted and forwarded to the provider's address, which tokens represent the particular contribution of a liquidity provider to that pool

Yield Rewards for Providing Liquidity

Provide liquidity to the DABswap Decentralized Exchange (DEX). Users can provide Bluechips and other cryptocurrencies like USDC or ETH and in return, inflated rewards will be given in the form of USDC or ETH and $LDOGS Tokens. Pools like LDOGS/ETH or LDOGS/USDC will be the most popular pools. The more $LDOGS Tokens you hold, the more inflated $LDOGS Tokens you will receive, on top of a portion of the revenue from standard swapping fees generated by LDOGSswap, for providing liquidity. Offering incentives for providing liquidity encourages long term users thus strengthening the network and ensuring robust liquidity and overall health of the tokenomics.