Exchange/Swap (expand)
Last updated
Last updated
is an automated market maker (AMM) that allows a user to exchange two tokens on the Binance Smart Chain network (later on other networks). The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn NMX tokens in the "Farms".
When a user makes a token swap (trade) on the exchange, a trading fee of 0.1% will be charged, which is broken down in the following way:
0.03% is returned to liquidity providers in the form of a fee reward
0.07% is used for referral program rewards, trading fees cashback, NMX burning and Nomiswap profit.
Watch out for fake accounts! The Nomiswap team will never text you first and ask for private keys or individual information!
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